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As network environments become more complex, network teams struggle to gain visibility across internet and cloud components, citing blind spots and a lack of skilled workers as contributing factors to slow problem resolution, according to a Broadcom report.
This approach not only ensures wise expenditure of remaining budgets but also significantly strengthens organizational security postures. Addressing Training Budgets: Year-End Budget Scenario: It’s common for organizations to approach year-end with an unused budget designated for training.
Over the past few years, enterprises have strived to move as much as possible as quickly as possible to the public cloud to minimize CapEx and save money. In the rush to the public cloud, a lot of people didnt think about pricing, says Tracy Woo, principal analyst at Forrester. Are they truly enhancing productivity and reducing costs?
With IT budgets projected to grow 9.8% Learn how Cloud Efficiency, AI-Powered Workforce Automation, Vendor Optimization, Cybersecurity Resilience, and Unified Communications can drive savings and improve efficiency. Plus, as a bonus, get a Cost-Cutting Assessment Toolkit to uncover hidden savings in your IT budget.
Leveraging multiple clouds can lead to greater efficiency, flexibility, and cost savings, but only if you support the effort with a well-planned budget.
With the incremental differences in the major enterprise cloud environments today, that may be enough. He said that the new services are, not unexpectedly, trying to get enterprises to align with AWS services, which should make it more difficult to later move to a competing cloud platform. “Is
With nearly 90% of companies reporting cyberattacks, pen testing budgets are on the rise, with cloud infrastructure and services a key focus area, according to a new report. The post Pen testing report: IT budgets should focus on entire security stack appeared first on TechRepublic.
Enterprises in Germany, Austria, and Switzerland are accelerating their transition to cloud-based ERP solutions, with SAP playing a key role in their digital transformation strategies. However, there is a notable decline in organizations maintaining a stable SAP budget, with only 23% keeping spending unchanged compared to 32% in 2024.
Nobody wants to waste money on cloud services. But by failing to fully address a handful of basic issues, many IT leaders squander funds on cloud services that could be used to support other important projects and initiatives especially as AI comes along to alter the cloud economics equation.
And while the maturity of those practices varies, large organizations at the forefront of FinOps are scaling up and out, driving the cloud optimization practice into new areas of IT, including as a way to get a handle on spiraling AI costs. And its FinOps principles arent limited to public cloud or SaaS.
Also, as part of the partnership, Veeam will integrate Microsoft AI services and machine learning (ML) capabilities into its data resilience platform, Veeam Data Cloud. It combines software, infrastructure, and storage into an all-in-one cloud service. This has also been reflected in IT budget allocation.
IT budgets are seeing modest increases, according to recent survey data, with businesses looking to invest their IT dollars in artificial intelligence, data analytics, networking and more. Essentially, only companies in dire financial straits are likely to be cutting IT budgets. Avasant Research polled 371 organizations in the U.S.
IT professionals have been striving to manage cloud costs effectively since the inception of cloud computing. Those efforts have evolved into FinOps , a business discipline and a set of best practices to optimize cloud spending. See also: Will FinOps help reduce cloud waste in organizations?
Skillsoft surveyed some 5,100 global IT decision-makers and professionals to learn more about the technologies they plan to invest in as well as the areas in which they are challenged to find skilled workers.
One of the most significant enablers of digital transformation is cloud computing. Strategic options for cloud adoption When it comes to cloud adoption, organizations have several strategic options to consider. Public cloud. Private cloud. Hybrid cloud. Multi-cloud.
Which cloudbudgeting approaches should CIOs consider -- and which areas of budget waste should be targeted for cost improvements? Here are four ways to control your cloud spend.
IBM Institute for Business Value (IBV), in collaboration with Oxford Economics, surveyed 2,551 global IT executives to determine how mainframes are being used and prepped for increased use in AI and hybrid cloud environments. Most enterprises have built tech estates on hybrid cloud architecture, the researchers stated. “In
At the same time, in more than six out of each 10 cases, the planned budget for the S/4HANA migration was superceded: According to the study, budgets have been exceeded significantly in one quarter of migrations, and significantly in another 40%. The interviews were conducted in the first quarter of 2025.
Despite those complications, a huge majority of IT leaders expect their organizations’ IT budgets to increase — at least moderately — in the next fiscal year, with IT talent and software spending leading the way. Talent, software spending lead the way According to Forrester’s guide, personnel accounts for nearly 35% of IT budgets.
For instance, Capital One successfully transitioned from mainframe systems to a cloud-first strategy by gradually migrating critical applications to Amazon Web Services (AWS). Additionally, leveraging cloud-based solutions reduced the burden of maintaining on-premises infrastructure. Also, reexamine current practices and processes.
Corporate cloud strategies that yesterday centered on the unglamorous transition of legacy apps from out of the data center, along with some new cloud-native apps, must now incorporate transformative technologies with radically different value propositions — all without breaking the IT budget.
Many CIOs expect significant price increases in the cloud and other IT products and services during 2025, requiring those with stagnant budgets to make difficult decisions about IT spending. Faiz Khan, founder and CEO of multicloud services provider Wanclouds, agrees that cloud prices are likely to go up this year.
Until now, many companies have cut costs in other areas, laid off staff, or raided the budgets of other departments to pay for AI projects. If you look at 23 and 2024 you had a lot of budget increases, you had a bunch of layoffs over the last couple of years, and not something thats sustainable.
For many organizations, while budgets are ticking slightly up, it’s only in line with inflation, while new initiatives, including AI, need to be funded.” Additionally, the industry is looking for workers with knowledge of cloud architecture and engineering, data analytics, management, and governance skills.
Enterprises are now spending about 35% of their data center CapEx budgets on accelerated servers optimized for AI, up from 15% in 2023, says DellOro analyst Baron Fung. For hyperscalers, the AI investment is even higher, as they are already spending 40% of their budgets on accelerated servers.
With legacy apps tying up a significant portion of an organizations IT budget, less money is available for new initiatives, further slowing down AI adoption. of their IT budgets on tech debt at that time. According to IDCs 2023 CIO Sentiment Survey , organizations were spending an average of 12.8%
IT leaders seeking to drive enterprise growth through technology investments are often saddled with budgets that make their tasks of increasing the top and bottom lines challenging. Despite an estimated increase to IT budgets of 5.1% The year 2023 seems to be no different.
The Index showed that 50% of those surveyed have between 10% and 30% of their current IT budget dedicated to AI. Customers are in the process of deciding where to run applications in the cloud and what infrastructure will need to be implemented to support AI, Robbins said.
The complexity within IT infrastructures is increasing, as is the pressure on IT budgets to use available funds as smartly and efficiently as possible. Effective cost management in the cloud is, therefore, becoming increasingly important. In this context, more than a quarter expect cloud costs to rise by 20% or more.
Getting the most out of your cloudbudget requires thoughtful research and planning. Here are six proven tactics that will help you bring your cloud costs under control.
Some of the major obstacles center on concerns about compliance, fears about security and infrastructure and uncertainty about budget requirements, says Archive360.
Upgrading cloud infrastructure is critical for deploying broad AI initiatives more quickly, so that’s a key area where investments are being made this year. The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023.
Google Cloud’s Director of Office of the CISO Nick Godfrey reminds business leaders to integrate security into conversations around financial and business targets.
By pricing based on the underlying costs of compute, latency, and throughput, this model provides clarity on how charges are determined and allows for more precise budgeting, Leo John says. It all sounds good, but the challenge is that people get annual budgets and cannot tolerate variability, he says.
Azures growing adoption among companies leveraging cloud platforms highlights the increasing need for effective cloud resource management. Enterprises must focus on resource provisioning, automation, and monitoring to optimize cloud environments. As Azure environments grow, managing and optimizing costs becomes paramount.
If you’re stressing over cloud cost increases, you’re not alone. Three out of every five organizations saw cloud spending increase in the past year, with nearly four in 10 who experienced price hikes saying their costs jumped by more than 25% — this according to a recent survey of IT professionals commissioned by cloud provider Civo.
The big investments in generative AI may eventually rival traditional cloud investments but that does not mean top cloud providers — all of whom are top AI platforms providers — will suffer. Enterprises are also choosing cloud for AI to leverage the ecosystem of partnerships,” McCarthy notes.
Dave McCarthy, research vice president at IDC and one the surveys authors, points out that CIOs are still dealing with how best to manage unexpected costs in the cloud and have learned that estimating costs for new workloads is challenging without historical data.
Or maybe youre well down the road to a cloud migration but havent applied your Ops teams ITIL expertise to it. Reframe the conversation Thats when its time for you as CIO to have a tough conversation with the Powers That Be about the IT budget. To fix the challenges we face well need a bigger budget.
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