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Gartner projects major IT spending increases for 2025

CIO Business Intelligence

The software spending increases will be driven by several factors, including price increases, expanding license bases, and some AI investments , says John Lovelock, distinguished vice president analyst at Gartner. “We Data center spending will increase again by 15.5% trillion, Gartner projects.

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NASA overspent $15 million on unused Oracle licenses as it failed to track usage

CIO Business Intelligence

The report attributes the huge over-expenditure to vendor lock-in and NASA’s unwillingness to risk a license audit by Oracle because of its lack of visibility into software management. These challenges expose the agency to increased costs because of penalties for violations of software licensing agreements, the report showed.

Licensing 306
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8 big IT failures of 2023

CIO Business Intelligence

In space, no-one can cancel your software license NASA is a scientific marvel that does all sorts of cool and inspiring space stuff; it’s also a sprawling government bureaucracy with thousands of employees and computer systems under its umbrella.

Backup 345
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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023.

Strategy 351
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SAP user groups see pick-up in migration to S/4HANA

CIO Business Intelligence

In the UK and Ireland, 89% of SAP customers are either using or planning to use S/4HANA, up from 74% in 2021, according to a survey conducted for the UK & Ireland SAP User Group (UKISUG). Awareness and adoption of the Rise with SAP all-in-one package of licensing, hosting and application management is also on the up.

SAP 244
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Balancing innovation with value, cost, and practicality: The CIO’s guide to future proofing technology investments

CIO Business Intelligence

Embrace the future-proofing imperative Eighty-three percent of IT leaders and 88% of LOB leaders expect full-year spending in 2024 to be higher or in line with original 2024 budgets despite inflation and potential recession concerns, according to IDC’s Future Enterprise Resiliency and Spending Survey, Wave 3 (March 2024).

Banking 278
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How Cloud is Disrupting IT Operations

CIO Business Intelligence

This APAC trend reflects what’s happening globally; 92% of enterprises now have a multi-cloud strategy in place, according to the Flexera 2021 State of the Cloud report. Hardware purchased with a three to five year depreciation plan or lease contracts tie up budget that could be otherwise used to move more rapidly to cloud.

Cloud 245