This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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?
However, trade along the Silk Road was not just a matter of distance; it was shaped by numerous constraints much like todays data movement in cloud environments. Merchants had to navigate complex toll systems imposed by regional rulers, much as cloud providers impose egress fees that make it costly to move data between platforms.
CIOs feeling the pressure will likely seek more pragmatic AI applications, platform simplifications, and risk management practices that have short-term benefits while becoming force multipliers to longer-term financial returns. Examples include scanning invoices, extracting basic contract information, or capturing information from PDF forms.
The 36,000-square-foot innovation hub will be led by the company’s CTO, Saurabh Mittal, and Markandey Upadhyay, head of business intelligence unit for Piramal. CIO.com caught up with Mittal to know more about his plans for the innovation lab, as well as the technology strategy for the financial services company.
IT environments are constantly growing more complex, with organizations rolling out AI agents and LLMs, operating in multiple clouds, and anticipating breakthroughs like quantum computing. Cost transparency and accurate budget forecasting are two major parts of the TBM framework, Guarini says.
Weve developed our own agentic AI for code management, says Charles Clancy, CTO at Mitre. Mitre had to create its own system, Clancy added, because most of the existing tools use vendor-managed cloud infrastructure for the AI inference part. We cant do that for security reasons, he says.
With hybrid on-prem and cloud-deployed solutions and differences of capability and alignment between organizations and their suppliers, this can be a real challenge! Leveraging cloud solutions that drive simplification and standardization in business processes and technology investment where appropriate.
After years of marching to the cloud migration drumbeat, CIOs are increasingly becoming circumspect about the cloud-first mantra, catching on to the need to turn some workloads away from the public cloud to platforms where they will run more productively, more efficiently, and cheaper.
SAP is starting the 2025 financial year with a new executive board.The German software company announced that 39-year-old Sebastian Steinhuser will be promoted to the executive board. His contributions were and are crucial to ensuring that more and more SAP customers choose the path to the cloud, Ala-Pietil commented on the appointment.
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.
Its a very long and painful process, notes Don Henderson, CTO at BetaNXT, a wealth management company that provides tech services to clients. IT is also creating a new platform architecture to enable the firm to move off legacy technology and build cloud-based capabilities. Were also running legacy Oracle version 12 from 2012, he adds.
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.
Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. Refactoring applications to take advantage of cloud-native services is vital to maximizing cloud ROI. We need hard metrics because we’re running 800 instances of cloud computers.
The strategy was to replicate transactions from those ERPs in near real time, and stage the data in a purposeful store format on the cloud. The first hire we made in our platform journey was a chief data officer with experience from Instagram and Priceline. As a platform company, measurement is crucial to success.
The UK study also revealed that women of all backgrounds and ethnicities make up around 22% (approximately 424,000), compared to 48% of the entire UK workforce, with Black women in particular facing a wide range of obstacles, including discrimination and being accused by colleagues or superiors of being merely ‘diversity hires.’
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.
At least that has been the experience of Backcountry CTO Sridhar Nallani, who was hired in 2020 specifically to overhaul the online retailer’s digital presence. The 3C roadmap: CDP, CMS, cloud. Of course, none of this would be complete without a shift to the cloud. But tech was in the total doldrums.”.
in Advanced Research Contracts For its Labs Division. This builds on the growth that the company posted in the quarter previous to this period , and in a time when the company launched its first small business offering. contract with the U.S. – bg. FAIRFAX, VA—April 7, 2014 —Invincea, Inc.,
The demand for cloud infrastructure combined with the rise in sales of SaaS services boosted Oracle’s fourth quarter revenue for fiscal year 2022, but the acquisition of healthcare tech company Cerner has chalked up a debt of $15.8 Total cloud revenue ( IaaS plus SaaS) for the company stood at $2.9
Allegis had been using Eclipse for 10 years, when the system was acquired by Epicor, and Allegis began exploring migrating to a cloud-based ERP system. We really liked [NetSuite’s] architecture and that it’s in the cloud, and it hit the vast majority of our business requirements,” Shannon notes.
Oracle’s latest financial report boasts substantial increases in revenue, net income, and earnings per share, largely thanks to cloud sales, which the company was quick to credit to the rise of AI. Despite the fact that we are opening new and expanding existing cloud data centers very, very rapidly.”
For many insurers, this means investing in cloud. King Price, a South Africa-based, privately held short-term insurance provider, were able to radically transform their business strategy, increasing system resilience, customer expansion and market adaptability in the process of adopting cloud technology.
F5 Photo) — Seattle-based networking and security giant F5 hired John Maddison as chief product marketing and technology alliances officer. The company named Cooper Werner as its new chief financial officer, and moved Kunal Anand from CTO to the position of chief innovation officer. F5 plans to hire a new CTO.
But as digital transformation efforts have intensified in recent years, CIOs have had fewer opportunities to pause and reevaluate IT’s financial situation. In addition to cloud consumption, there may be drivers at play. FinOps is gaining popularity as a framework for maximizing cloud investments , adds Upchurch of SAS.
As organizations increasingly rely on cloud-based services and cybersecurity solutions to protect their digital assets, the incident serves as a stark reminder of the vulnerabilities inherent in even the most robust systems. So while the CrowdStrike incident is dramatic, cloud outages are not rare.
Amit Goel joins Blox as CTO. Web Werks India hires Kamal Goel as director of IT. Publicis Groupe India names Roopesh Pujari as CTO. Roopesh Pujari has been promoted to CTO at marketing and advertising firm Publicis Groupe India. February 2022. Goel has over 25 years of experience in the IT industry. Kamal Goel Web Werks.
Recruiting and hiring high-end IT talent is among the most challenging tasks IT leaders face today. The IT skills shortage is critical, with CIOs losing talented employees faster than they can hire them,” said Mbula Schoen, senior director analyst at Gartner, in a recent Q&A. “IT CIOs, and their recruiting teams, are well aware.
Gen AI boom in the making Many early and established forays into generative AI are being developed on the AI platforms of cloud leaders Microsoft, Google, and Amazon, reportedly with numerous guardrails and governance measures in place to contain unrestricted exploration.
Cloud strategies are undergoing a sea change of late, with CIOs becoming more intentional about making the most of multiple clouds. They were mostly in one cloud with a few workloads in a different cloud. A lot of ‘multicloud’ strategies were not actually multicloud. Oracle is providing a different template.
Three years ago, IT leaders were squarely focused on how to adopt fledgling AI techniques and approaches into their business models in service of digital transformations that included plans for shifting some workloads to the cloud. The good news is that, for managers, the best time to attract and retain talent is during economic downturns.
CIO packages often include stock options, relocation expenses, and hiring bonuses, says Victor Janulaitis, CEO of consulting firm Janco. Typically, [CIOs] have 401ks and as part of the negotiation process, they’ll negotiate a lump sum that will offset the cost of that loss” from leaving their current job. Stephenson says.
He recommends expanding EA to map not only a business’ technology assets but all its processes that rely on vendors as well as part-time and contract workers who may become unavailable due to pandemics, sanctions, natural disasters, or other disruptions. .
JLL, for instance, provides facilities management services for many cloud and data center operators. At the heart of JLL’s transformation into a technology provider is the cloud infrastructure JLL built using AWS, Google Cloud Platform, and Microsoft Azure, as well as Snowflake for data storage and Azure AI and Databricks for AI models.
Vered was most recently CTO at engineering insights startup Uplevel. ” — Chris Vonderhaar , a former Amazon Web Services executive who joined Google Cloud last year , has left the Silicon Valley company. Vonderhaar had been Google Cloud’s vice president of demand and supply management. Nimrod Vered. Anna Olson.
We came to the conclusion that the way we do things in IT is outdated,” says Arooni, now executive vice president and CIO at Discover Financial Services. “If Amir Arooni, executive vice president and CIO, Discover Financial Services. Gary Jeter, EVP & CTO, Trust One.
“We experienced the impact of one of our SaaS providers, OpCon, not having a solid DR [disaster recovery] plan during the MS Azure Central Region outage,” says Gary Jeter, CTO of TruStone Financial. The nightly processing jobs were significantly delayed, which has a large impact on our credit union and our members.
With the accelerated pace of digital transformation, coupled with the unprecedented arrival of the pandemic pushing enterprises towards a hybrid work culture, IT leaders have played a key part in keeping business afloat these last two years. Her colleague, CTO Rajaneesh R Kini, agrees.
The top priority for IT at Marco’s Pizza has been developing an in-house cloud-based technology platform at a time when digital ordering has grown threefold. The work that is not repetitive is changing at a remarkable pace,” says Jon Walden, Blue Prism’s CTO for the Americas. Think a step ahead. Much of IT work is repetitive.
“Leadership is responsible for boosting morale and countering stressful times with periods of recovery, rest, and self-care, resulting in increased retention while reducing burnout.” When provided with the right tools, team leaders can act decisively to align people and financial resources to maximize value.”
— Mobile marketplace OfferUp hired former Splunk VP of Engineering Melissa Binde as its new CTO. She oversaw Splunk’s cloud engineering business while CTO at the software giant. Binde succeeds Ameesh Paleja who served as OfferUp’s CTO for two years. Kirk Dickinson as chief financial officer.
While some prominent verticals — including financial services, healthcare, and legal — managed to have moderate adoption of generative AI, these were primarily outside their core business cases,” he says. Cloud was also high on CIO agendas. Most organizations, including Telenor Sweden, continued to move assets to the cloud in 2023. “We
His title was vice president of worldwide cloud services and hosting. LinkedIn Photos) — Swiftly , a grocery retail tech startup based in Seattle, welcomed two new hires to its C-suite. Keith Kirk is now Swiftly’s chief financial officer. He more recently held leadership roles at ConnectWise, Sage and Splunk.
Two of the top executive recruiters in the CIO retained search space, Shawn Banerji and Martha Heller, joined me for the first episode of 2024 to share their insights on a range of talent-related issues, including hiring trends, hybrid work questions, and the critical skills companies are looking for at the executive level. Oshkosh Corp.
For example, companies should already ask what kind of security audits and standards vendors have in their cloud environments, says Gartner analyst Arun Chandrasekaran. Can I run it in my own virtual cloud?” Insight has a partner contract management team that looks closely at vendor agreements. “If
We organize all of the trending information in your field so you don't have to. Join 83,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content