Remove 2022 Remove Budget Remove Licensing
article thumbnail

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 122
article thumbnail

Seattle scraps plans for controversial gunshot detection tech as it explores ways to curb crime

GeekWire

“In receiving updated cost estimates and aligning more closely to the allocated budget, the implementation package for the first year of the pilot will only include CCTV and RTCC to remain within the authorized budget,” said Callie Craighead, a spokesperson with the mayor’s office. GeekWire Photo / Dan DeLong).

Budget 120
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Gaming opportunities for investors in 2023: Generative AI, low-code, metaverse, and more

GeekWire

PitchBook Image) A new report from the Seattle-based venture capital firm PitchBook indicates that the international video game industry entered a period of contraction in 2022, but new opportunities for investment are opening in fields such as VR, AR, the metaverse, and the potential role of generative AI in game development.

Video 142
article thumbnail

Many CIOs are better equipped to combat rising IT costs. Are you?

CIO Business Intelligence

Inflation may have dropped from its high in 2022, but the price pressures on IT budgets have continued unabated. in June, 2022, to 3.7% in June, 2022, to 3.7% general inflation rate masks some higher increases hitting IT budgets. While inflation challenges have moderated in the US from a high of 9.1%

article thumbnail

5 ways to maximize your cloud investment

CIO Business Intelligence

No IT organization wants to get caught short on processing or storage resources that could negatively affect operations, or have to suddenly add resources that exceed the budget. In this way, you can take advantage of the cloud’s agile, on-demand approach with unlimited capacity without breaking the budget.

Cloud 124
article thumbnail

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. growth experienced in 2022.

Strategy 140
article thumbnail

5 hidden costs of working with alt data

CIO Business Intelligence

According to a 2022 survey by law firm Lowenstein Sandler, 92% of investment organizations, from hedge funds and private equity to venture capital, are using alt data to a moderate or significant extent to inform decision making. Respondents also expect their use of alt data to increase through 2022.

Data 105