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FinOps breaks out of the cloud

CIO Business Intelligence

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.

Cloud 300
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Navigating the cloud maze: A 5-phase approach to optimizing cloud strategies

CIO Business Intelligence

In todays fast-paced digital landscape, the cloud has emerged as a cornerstone of modern business infrastructure, offering unparalleled scalability, agility, and cost-efficiency. As organizations increasingly migrate to the cloud, however, CIOs face the daunting challenge of navigating a complex and rapidly evolving cloud ecosystem.

Cloud 245
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Vendor management: The key to productive partnerships

CIO Business Intelligence

What is vendor management? Vendor management helps organizations take third-party vendor relationships from a passive business transaction to a proactive collaborative partnership. While working with IT vendors can help ease the burden on IT, it also raises concerns, especially around data, risk, and security.

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6 best practices for better vendor management

CIO Business Intelligence

And how well an IT leader deals with and orchestrates vendor relationships can mean the difference between a well-organized and efficient IT operation and a mess that costs an organization millions of dollars without delivering positive results. Here are several key tips for making the most of vendor relationships.

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Germany goes full throttle into the cloud

CIO Business Intelligence

But the majority of companies in Germany, in particular, rely on the cloud in its various facets, and have now achieved a certain level of maturity when it comes to migrating workloads. The pressure to modernize IT and business processes has now clearly led to most cloud transformation projects being planned and implemented.

Cloud 358
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Thinking of moving off VMware? Gartner tallies cost of large-scale VMware migration

Network World

This includes acquisition of new software licenses and/or cloud expenses, hardware purchases (compute, storage), early termination costs related to the existing virtual environment, application testing/quality assurance and test equipment, the report reads. Add to all this personnel costs, and the expense might not be worth it.

Vmware 348
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Seek solutions now to remedy surging cloud costs

CIO Business Intelligence

Effective cost management in the cloud is, therefore, becoming increasingly important. Yet many companies still find it difficult to keep an eye on the costs of their cloud deployment and to continuously optimize them. In this context, more than a quarter expect cloud costs to rise by 20% or more.

Cloud 328