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Seek solutions now to remedy surging cloud costs

CIO Business Intelligence

This is a key finding of a survey commissioned by Boomi from Forrester Research. At the end of 2023, analysts surveyed 420 IT decision-makers worldwide about their cloud usage, a quarter of whom were primarily from Germany, France, and the UK.

Cloud 131
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Many CIOs are better equipped to combat rising IT costs. Are you?

CIO Business Intelligence

According to IDC’s July 2023 Future Enterprise Resiliency & Spending (FERS) survey of 856 senior IT and business managers in large enterprises, the IT line items most affected, in addition to rising tech salaries, include SaaS and PaaS costs. And you have to partner with your vendors.” Here’s how.

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12 AI predictions for 2025

CIO Business Intelligence

Weve also seen the emergence of agentic AI, multi-modal AI, reasoning AI, and open-source AI projects that rival those of the biggest commercial vendors. But things are going to get really interesting when agents start talking to each other, says Babak Hodjat, CTO of AI at Cognizant. Multi-agent systems Sure, AI agents are interesting.

CTO Hire 141
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Cost, security, and flexibility: the business case for open source gen AI

CIO Business Intelligence

Both types of gen AI have their benefits, says Ken Ringdahl, the companys CTO. Kong, which surveyed developers about their API use, found a similar balance, with OpenAI at 27%, Llama at 8%, and Mistral at 4%. To solve the problem, the company turned to gen AI and decided to use both commercial and open source models.

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5 ways to maximize your cloud investment

CIO Business Intelligence

Be strategic with reserve pricing Reserve pricing for cloud services can reduce resource usage costs by as much as 70%, says David McKee, who in his role as fractional CTO, tech founder, and digital twins thought leader at Counterpoint Technologies acts as a part-time CTO for nine companies in the US and Europe.

Cloud 124
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Weighing risk and reward with gen AI vendor selection

CIO Business Intelligence

According to an O’Reilly survey released late last month, 23% of companies are using one of OpenAI’s models. We look at the vendor’s maturity and if they have proven success in the right focus areas for our business,” he says. CIO, Data Privacy, Generative AI, IT Leadership, Vendor Management, Vendors and Providers

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The year’s top 10 enterprise AI trends — so far

CIO Business Intelligence

The world has flipped since 2022,” says David McCurdy, chief enterprise architect and CTO at Insight. AI vendor management Only the biggest companies are going to build or manage their own AI models, and even those will rely on vendors to provide most of the AI they use. Then gen AI came out.