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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

After being in cloud and leveraging it better, we are able to manage compute and storage better ourselves,” said the CIO, who notes that vendors are not cutting costs on licenses or capacity but are offering more guidance and tools. I strike this language from all my contracts.”

Strategy 351
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CIOs are rethinking how they use public cloud services. Here’s why.

CIO Business Intelligence

Secure storage, together with data transformation, monitoring, auditing, and a compliance layer, increase the complexity of the system. In some geographies, data localization and privacy requirements are embedded directly into customer contracts, he says. Adding vaults is needed to secure secrets.

Cloud 349
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Getting infrastructure right for generative AI

CIO Business Intelligence

For generative AI, a stubborn fact is that it consumes very large quantities of compute cycles, data storage, network bandwidth, electrical power, and air conditioning. In storage, the curve is similar, with growth from 5.7% of AI storage in 2022 to 30.5% Facts, it has been said, are stubborn things.

Storage 349
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Tech Moves: Zillow promotes execs; ZoomInfo CTO resigning; ESS CEO steps down

GeekWire

LinkedIn Photos) — Swiftly , a grocery retail tech startup based in Seattle, welcomed two new hires to its C-suite. He led the long-duration energy storage company for four years. He more recently held leadership roles at ConnectWise, Sage and Splunk. Keith Kirk, left, Swiftly CFO and Anthony Viglietti, Swiftly COO.

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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

This applies to his IT group as well, specifically, in using AI to automate the review of customer contracts, Nardecchia says. On-prem infrastructure will grow cold — with the exception of storage, Nardecchia says. Some storage will likely stay on-prem while more is pushed into the public cloud, he says.

Budget 363
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CIOs rethink all-in cloud strategies

CIO Business Intelligence

The savings are just too big to ignore for a ton of companies,” says David Heinemeier Hansson, the Danish developer of Ruby on Rails and co-owner and CTO of 37signals, which completed a six-month total exit from the cloud last June. “‘Cloud exit’ became a big theme in 2023 and there’s good odds it’ll turn into a real trend for 2024.

Strategy 361
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Tech Moves: Expedia taps execs to run new divisions; Bumble hires Microsoft vet as CTO

GeekWire

Expedia Photos) — Expedia Group hired two longtime leaders to run new operating divisions within the Seattle-based travel giant. Bumble, which recently hired new CEO Lidiane Jones, announced several new exec hires, including a new chief product officer, chief people officer, and chief marketing officer. Libby Johnson McKee.