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As the year-end approaches, it’s common for enterprises to discover they still have funds that must be utilized. This approach not only ensures wise expenditure of remaining budgets but also significantly strengthens organizational security postures.
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.
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.” Equinix told Light Reading that the layoffs are a result of the evolution of its services to support changing customer needs, which requires internal adjustments and resource reallocation.
Pressure to implement AI plans is on the rise, but the readiness of enterprise networks to handle AI workloads has actually declined over the past year , according to new research from Cisco. However, between 2023 and 2024, global AI readiness in the enterprise has declined.
The challenges often point enterprise companies to also rely on third-party resources for management and monitoring assistance, but that approach doesn’t alleviate the internal staffing challenges for the long term, the study explains.
With the incremental differences in the major enterprise cloud environments today, that may be enough. For sure, what AWS is announcing simplifies the life of enterprise IT. The key announcements included: Amazon FSx Intelligent-Tiering This is an AWS attempt to try and whittle down cloud costs at the enterprise level.
Poor resource management and optimization Excessive enterprise cloud costs are typically the result of inefficient resource management and a lack of optimization. Many enterprises also overestimate the resources required, leading to larger, more expensive instances being provisioned than necessary, causing overprovisioning.
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. Cloud spending is going up and budgets are tightening, so theyre asking whats going on and how do we right this ship. Are they truly enhancing productivity and reducing costs?
On the other hand, there are also many cases of enterprises hanging onto obsolete systems that have long-since exceeded their original ROI. Understandably, many enterprises may want to ‘sweat the assets’ in order to get the most out of their systems, but this tactic comes with risk,” he warns.
research firm Vanson Bourne to survey 650 global IT, DevOps, and Platform Engineering decision-makers on their enterprise AI strategy. The Nutanix State of Enterprise AI Report highlights AI adoption, challenges, and the future of this transformative technology. Nutanix commissioned U.K.
Enterpriseresource planning (ERP) is a system of integrated software applications that manages day-to-day business processes and operations across finance, human resources, procurement, distribution, supply chain, and other functions. ERP systems improve enterprise operations in a number of ways. ERP definition.
When your CEO or CFO asks about the budget needed for technical debt remediation , do you find yourself struggling to justify the investment? Our research shows 52% of organizations are increasing AI investments through 2025 even though, along with enterprise applications, AI is the primary contributor to tech debt. You’re not alone.
Agentic AI, the more focused alternative to general-purpose generative AI, is gaining momentum in the enterprise, with Forrester having named it a top emerging technology for 2025 in June. The reason is because enterprises look for some predictability. That is until they see a spike and burn through half of their budget in a few weeks.
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.
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.
Much like finance, HR, and sales functions, organizations aim to streamline cloud operations to address resource limitations and standardize services. However, enterprise cloud computing still faces similar challenges in achieving efficiency and simplicity, particularly in managing diverse cloud resources and optimizing data management.
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. That doesnt necessarily mean that most enterprises are expanding the amount of cloud storage they need, he says.
The Impact of Technology in 2025 and Beyond survey from professional organization IEEE found that 58% of enterprise tech leaders believe AI will be the most important area of technology in 2025, far ahead of any other tech. Whats equally challenging? Theyll have to find a way to engage the CFO in a conversation about funding, Schadler says.
And the glut of gen AI pilots going nowhere is proving a drain on resources, Wells says. Taking the time to look at that budget for it and plan for it, from my perspective, is more important than just jumping right in and potentially losing millions of dollars, because its just not as effective as youd hoped it to be.
For CIOs tasked with managing IT budgets while driving technological innovation, balancing these costs against the benefits of GenAI is essential. Engage stakeholders: Work with finance and operations teams to align on budgets, shared goals, and success metrics. million in 2025 to $7.45 million in 2025 to $7.45
However, high-speed also means high power and higher heat, placing more demands on the electrical grid and resources and creating a demand for new options. At a time when many DC [data center] operators are facing challenges around power and cooling, LPO can save 25% of the networking power budget, at a system level.
Fifty-two percent of organizations plan to increase or maintain their IT spending this year, according to Enterprise Strategy Group. 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. IDC is forecasting a 5.1%
CIOs often have a love-hate relationship with enterprise architecture. On the one hand, enterprise architects play a key role in selecting platforms, developing technical capabilities, and driving standards.
That’s the race that seems to be going on in enterprises: ‘How do I go make room and power to do AI?’” That pressure is just really driving the enterprise customers, whether it be in a co-lo or create their own, to get those capabilities.”
As artificial intelligence (AI) services, particularly generative AI (genAI), become increasingly integral to modern enterprises, establishing a robust financial operations (FinOps) strategy is essential. Model training costs: Monitor expenses related to computational resources during model development.
Take advantage of modeling and cost estimator tools that can help IT model configurations and better understand resource needs and budget impacts for a shift from legacy VDI to DaaS. Find the best consolidated management tools that can help enterprises and MSPs manage scaling, security, and updates.
Because as a young CIO, I was struggling with obtaining budget approvals for a range of IT initiatives. A majority of CIOs I speak with dread the budget approval process and breathe a welcome sigh of relief when annual budgeting comes to an end. In other words, the IT resources needed for this project are substantial.
Between building gen AI features into almost every enterprise tool it offers, adding the most popular gen AI developer tool to GitHub — GitHub Copilot is already bigger than GitHub when Microsoft bought it — and running the cloud powering OpenAI, Microsoft has taken a commanding lead in enterprise gen AI.
Most IT departments are under-resourced and left to debate what capabilities, improvements, and fixes to prioritize. But many enterprises stopped their agile transformations at this layer. Most enterprise IT departments need program managers but need to restate their responsibilities.
FinOps finally became ubiquitous across the enterprise landscape last year with 75% of Forbes Global 2000 companies now all-in, according to IDC. Were looking more at SaaS and PaaS, and our enterprise technology organization is trying to utilize some of the same principles for our on-premises data centers.
Birmingham City Councils (BCC) troubled enterpriseresource planning (ERP) system, built on Oracle software, has become a case study of how large-scale IT projects can go awry. Licensing and customization fees added further strain to the budget. Cost overruns and delays: where did it go wrong?
As enterprise CIOs seek to find the ideal balance between the cloud and on-prem for their IT workloads, they may find themselves dealing with surprises they did not anticipate — ones where the promise of the cloud, and cloud vendors, fall short versus the realities of enterprise IT. That’s where the contract comes into play.
Another concern is the skill and resource gap that emerged with the rise of GenAI. Without one to pilot the GenAI journey, projects and business functions that rely on the tool can exceed budgets and outrun its value. Looking beyond existing infrastructures For a start, enterprises can leverage new technologies purpose-built for GenAI.
HP Anyware is the enterprise software IT needs to keep people productive with secured access to their digital workspaces without a VPN. Help your apps and budget perform Give your creative apps a boost by consolidating your graphics workstations alongside existing cloud storage and renderfarms. Why HP Anyware?
Integration with other systems was difficult and it required a lot of specialized resources to make changes, such as business processes and validation during order entry and replenishment to branch offices, he says. Quite frankly, we didn’t have the internal resources to support an on-premise solution,” Shannon 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.
This enables companies to simplify invoicing, track spending, and manage budgets. This solution, available as a self-managed or fully managed solution, provides organizations the tools they need to deploy enterprise wide automation. Users can launch third-party solutions that meet their security and compliance standards.
The other side of the cost/benefit equation — what the software will cost the organization, and not just sticker price — may not be as captivating when it comes to achieving approval for a software purchase, but it’s just as vital in determining the expected return on any enterprise software investment.
So, it’s no surprise that GenAI projects are prioritized for funding across budgets. Process: Driving speed through automation, AIOps, and managed services Developers and end users demand seamless access to resources, free from the shackles of manual configurations and tedious interventions. Could this turn IT from hero to superhero?
The Open Group Architecture Framework (TOGAF) is an enterprise architecture methodology that offers a high-level framework for enterprise software development. The TOGAF certification is especially useful for enterprise architects , because it’s a common methodology and framework used in the field.
Research firm Gartner is also bullish on network automation, forecasting that 30% of enterprises will automate more than half of their network activities by 2026 , up from only 10% in mid-2023. Gartner also predicts that businesses embracing enterprise-wide automation will deliver much higher service quality, while also cutting costs.
Beyond banking and payments, multi-national enterprises across various industries are exploring super-apps potential to enhance operational efficiency and improve customer and employee user experiences. Understanding these obstacles is crucial for enterprises seeking to leverage the super-app model effectively.
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