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New trade body wants to license training data for AI use

CIO Business Intelligence

Seven companies that license music, images, videos, and other data used for training artificial intelligence systems have formed a trade association to promote responsible and ethical licensing of intellectual property.

Licensing 125
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Per-User License Misalignment

KineticData

What is per-user license pricing? There’s a lot of talk these days about per-user licensing models. Here’s what you need to know about per user license misalignment and how to avoid it. What is per user license misalignment? The impacts of misaligned budgets and processes extend far beyond the books.

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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 119
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Take FinOps beyond the cloud: How to widen your IT financial savings

CIO Business Intelligence

A new surge of enthusiasm surrounds a strategic framework poised to simplify the management of cloud expenses and help companies lower their IT costs — it’s called FinOps, a portmanteau of the words Financial and DevOps. The allure of simple pay-as-you-go services comes with a catch—the need for vigilant financial oversight.

Financial 103
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4 moves CIOs should make to achieve a more efficient IT organization

CIO Business Intelligence

While investing in technology is key—and becoming more so—this doesn’t mean that CIO budgets won’t come under pressure, both for capital spend as well as for operations and maintenance (O&M). Optimize cloud spend It’s a good time for CIOs to conduct a financial health check on their technology budget. Not necessarily.

Licensing 137
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Cloud ROI: Getting innovation economics right with FinOps

CIO Business Intelligence

Nearly 85% of CIOs say despite increasing IT budgets they are under pressure to stretch budgets further than ever before—with a focus on technical debt and cloud costs. It needs to be closely watched from a financial perspective. Here’s why. Thus, cloud waste is now a thing. But cloud cost management is not always a simple task.

Cloud 98
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11 ways to reduce your IT costs now

CIO Business Intelligence

But as digital transformation efforts have intensified in recent years, CIOs have had fewer opportunities to pause and reevaluate IT’s financial situation. The net result is that some organizations’ technology debts are growing faster than anything else and robbing them of their budgets and ability to innovate.”