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11 ways to reduce your IT costs now

CIO Business Intelligence

“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.” Today’s CIO is not just a technology leader, but a business executive. Zero-based budgeting can be a good approach for discretionary spending.

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Hungry for resources, AI redefines the data center calculus

CIO Business Intelligence

But it’s time for data centers and other organizations with large compute needs to consider hardware replacement as another option, some experts say. Power efficiency gains of new hardware can also give data centers and other organizations a power surplus to run AI workloads, Hormuth argues.

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GenAI sticker shock sends CIOs in search of solutions

CIO Business Intelligence

This on-demand approach also vastly reduces the upfront costs of buying processors and scales up or down based on workload, notes Tom Richer, a former CIO and current CEO of CloudBench, a Google Partner and CIO consultancy. “To We’ve already seen the cost of AI really start to negatively impact cloud budgets,” he says. “In

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Aware of what tech debt costs them, CIOs still can’t make it an IT priority

CIO Business Intelligence

It’s among CIOs’ most persistent and underdiscussed challenges: embracing innovative technologies without losing sight of mounting — and potentially crippling — technical debt. Therefore, always-lurking tech debt gets put on the backburner, says Daniel Saroff, group vice president for consulting and research at IDC.

Hardware 354
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ERP modernization: Still a make-or-break project for CIOs

CIO Business Intelligence

Two ERP deployments in seven years is not for the faint of heart,” admits Dave Shannon, CIO of the hardware distribution firm. The company wanted to leverage all the benefits the cloud could bring, get out of the business of managing hardware and software, and not have to deal with all the complexities around security, he says.

Oracle 328
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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.

Strategy 351
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10 cloud mistakes that can sink your business

CIO Business Intelligence

“A pragmatic and structured architectural approach when moving to the cloud is critical,” says William Peldzus, senior director and Center of Excellence head with enterprise consulting firm Capgemini Americas. You must ensure at the start of the project that you have a full, holistic cloud budget,” Matin advises.

Cloud 325