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At its re:Invent 2024 conference this week, AWS rolled out five new storage tools and services with the goal of making its offerings easier to work with, if not cheaper or better. With the incremental differences in the major enterprise cloud environments today, that may be enough.
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?
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. The platform, hosted on Microsoft Azure, uses zero trust and isolated Azure Blob Storage to secure backups. This has also been reflected in IT budget allocation.
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.
Major unanticipated increases in cloud spending, driven largely by increased use, arent spurring CIOs to rethink IT strategies beyond tactical shifts in how they attempt to rein in costs in the cloud. Only 2% of CIOs report spending less on the cloud than they projected. optimize its cloud infrastructure.
As businesses manage budget cuts, it’s paramount that security features remain off the cutting room floor. The post Object Storage: Affordable Data Security Amid “Cloud-flation” Budget Constraints appeared first on Spiceworks.
Pure Storage is adding features to its storage-as-a-service (STaaS) platform, including Real-time Enterprise File, Universal Credits, and a virtual machine assessment to help admins optimize their VMs. How do we create a clean piece of paper that looks like the public cloud, but bring that to our on-premises customers?’”
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.
Decades-old apps designed to retain a limited amount of data due to storage costs at the time are also unlikely to integrate easily with AI tools, says Brian Klingbeil, chief strategy officer at managed services provider Ensono. of their IT budgets on tech debt at that time.
CIO’s cybersecurity budget allocations are too spread out across a myriad of single solutions. Cyber budgets get stretched too thinly across single solutions when they should match the organization’s IT and software spending priorities. the majority of its cybersecurity budget should go to protecting these investments.
In today’s IT landscape, organizations are confronted with the daunting task of managing complex and isolated multicloud infrastructures while being mindful of budget constraints and the need for rapid deployment—all against a backdrop of economic uncertainty and skills shortages.
Free the AI At the same time, most organizations will spend a small percentage of their IT budgets on gen AI software deployments, Lovelock says. While AI projects will continue beyond 2025, many organizations’ software spending will be driven more by other enterprise needs like CRM and cloud computing, Lovelock says.
As 800GbE has come to market, the next speed for Ethernet is being talked about already, Martin Hull, vice president and general manager for cloud and AI platforms at Arista Networks, told Network World. Efforts are already underway to focus on compliance, performance enhancements, storage, and management solutions.
“People are finding that steady-state workloads can be run much more effectively and cost-effectively in their own data centers,” said Ramaswami, highlighting how X (formerly Twitter) optimized its cloud usage, shifting more on-premises and cutting monthly cloud costs by 60%, data storage by 60%, and data processing costs by 75%.
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.
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.
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.
Cloud costs remain a key concern for IT leaders, who find themselves nearing a crossroads where expenditures for core workloads will need containment to free up spend for innovation. 1 barrier to moving forward in the cloud. Cloud costs continue to be a top concern for CIOs,” says Dave McCarthy, analyst at IDC.
Deployment data shows that customers have taken steps to implement an AI-ready infrastructure by adopting cloud-first architecture, optimizing connectivity, and addressing security and compliance requirements. For today’s CIO, they need to understand that AI will be the biggest disruptor to networks since the cloud,” he said. “In
Easier to grow your talent pool Make recruiting and working with top international talent easier—wherever they are—to take advantage of tax credits, either across borders from your data centers or via a public cloud facility in a different region. Learn more here.
As demand for cloud access soars, AWS announced Tuesday that it would spend £8 billion (about US$10.4 Google and Microsoft have historically been similarly vague about their European cloudbudgets. The UK needs a lot more cloud resources,” Nag said. Graham added that this ideally signals good news for cloud purchasers.
Yet while data-driven modernization is a top priority , achieving it requires confronting a host of data storage challenges that slow you down: management complexity and silos, specialized tools, constant firefighting, complex procurement, and flat or declining IT budgets. Go faster with a cloud experience everywhere.
Because as a young CIO, I was struggling with obtaining budget approvals for a range of IT initiatives. What I had been trying to do was to pitch and fund the needs that we inIT felt were urgent, such as new investments in networks, processing, and storage. Let’s say you need more storage to keep up with incoming data.
The cloud market has been a picture of maturity of late. The pecking order for cloud infrastructure has been relatively stable, with AWS at around 33% market share, Microsoft Azure second at 22%, and Google Cloud a distant third at 11%. He adds, “This is behind the drive to generative AI by the cloud providers.
VMwares virtualization suite before the Broadcom acquisition included not only the vSphere cloud-based server virtualization platform, but also administration tools and several other options, including software-defined storage, disaster recovery, and network security. The cloud is the future for running your AI workload, Shenoy says.
Cloud cost management remains a critical CIO priority. With questions around ROI, increasing outlay, and corporate scrutiny on IT cost savings on the rise, CIOs must know not only what contributes to their organization’s overall cloud spend but also how to optimize it.
The global cloud infrastructure services market remains strong, buoyed in part by enterprise interest in AI. In the second quarter of 2024, global spending on cloud infrastructure services grew by 19% year-over-year to surpass the $78 billion mark. from Google Cloud and GPT-4o mini from Azure. Sonnet and other APIs.
In most IT landscapes today, diverse storage and technology infrastructures hinder the efficient conversion and use of data and applications across varied standards and locations. However siloed operations with multiple management interfaces and unique services across different clouds can drive up costs, reduce agility, and increase risk.
AI services require high resources like CPU/GPU and memory and hence cloud providers like Amazon AWS, Microsoft Azure and Google Cloud provide many AI services including features for genAI. Data processing costs: Track storage, retrieval and preprocessing costs. The stages of defining a FinOps strategy for AI services.
It feels like just yesterday that we were promised that cloud servers cost just pennies. When the monthly cloud bill arrives, CFOs are hitting the roof. Cloud cost managers are the solution. That way the group that added too many fancy features that need too much storage and server time will have to account for their profligacy.
The reality is that the cloud is not a hammer that should be used to hit every AI nail. The cloud is great for experimentation when data sets are smaller and model complexity is light. Cloud Architecture, IT Leadership But over time, data sets and AI models grow more complex as companies seek greater accuracy from the models.
As the general manager of the Oakland Athletics, Beane used data and analytics to find undervalued baseball players on a shoestring budget. And it’s the silent but powerful enabler—storage—that’s now taking the starring role. Storage is the key to enabling and democratizing AI, regardless of business size, location, or industry.
Storage has emerged in 2022 as a strategic asset that the C-suite, not just the CIO, can no longer overlook. Enterprise storage can be used to improve your company’s cybersecurity, accelerate digital transformation, and reduce costs, while improving application and workload service levels. What should you do?
We have invested in the areas of security and private 5G with two recent acquisitions that expand our edge-to-cloud portfolio to meet the needs of organizations as they increasingly migrate from traditional centralized data centers to distributed “centers of data.” The new service packs will be orderable later in 2023.
The cloud has changed the IT and business worlds forever, and generally for the better. But when misused or abused the cloud can backfire, leading to a serious business setback or, in a worst-case situation, long-term competitive damage. Ensuing proper cloud use is essential in today’s high-stakes, fast-paced business environment.
After marked increase in cloud adoption through the pandemic, enterprises are facing new challenges, namely around the security, maintenance, and management of cloud infrastructure. According to the Foundry report, 78% of organizations say that, in response to cloud investments made by the organization, they have added new roles.
Most of Petco’s core business systems run on four InfiniBox® storage systems in multiple data centers. For the evolution of its enterprise storage infrastructure, Petco had stringent requirements to significantly improve speed, performance, reliability, and cost efficiency. Infinidat rose to the challenge.
Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. 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.
For generative AI, a stubborn fact is that it consumes very large quantities of compute cycles, data storage, network bandwidth, electrical power, and air conditioning. As CIOs respond to corporate mandates to “just do something” with genAI, many are launching cloud-based or on-premises initiatives. of AI storage in 2022 to 30.5%
Over the past few years, more organizations have gone all in with migrations to the public cloud. But for some “without a concrete strategy, it has led to some obvious challenges with respect to measuring the real value from their cloud investments,” says Ricky Sundrani, a partner in the pricing assurance practice at Everest Group.
But HPC also calls for a full stack of complementary technologies including software, high-performance storage, memory and file systems, high-speed networking (typically InfiniBand), and specialized management tools for scheduling and other tasks. Here are snapshots of the leading vendors in each category.
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