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IT frustration costs companies more than $100 million a year — with shadow IT the only user solution

CIO Business Intelligence

The average large enterprise lost $104 million to digital inefficiencies in 2024, driven by productivity losses connected to employee IT frustrations and hundreds of ghost apps flying under the radar, according to a new study. Meanwhile, many enterprise employees turn to unauthorized apps and software to do their jobs, the study says.

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

CIO Business Intelligence

Chatbot Arena ranks more than 160 top models both proprietary and open source and lists their licenses. Studies have shown that small language models, with parameter counts in the range of millions to low billions, can outperform large, generic language models in specialized tasks, says Anand Rao, AI professor at Carnegie Mellon University.

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When Your Open Source Turns to the Dark Side

Information Week

Open-source software is more than a license. Below are three recent case studies of OSS being relicensed or going rogue, each providing a practical guide for vetting and using OSS.

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Banking Up For Grab In Singapore

Forrester IT

Following in Hong Kong’s footsteps, Singapore’s regulator – Monetary Authority of Singapore (MAS) – has confirmed that it is currently studying the possibility of issuing digital-only banking licenses to organizations with a “non-bank” parentage, which was first reported on May 7th, 2019 by various news outlets.

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Gartner projects major IT spending increases for 2025

CIO Business Intelligence

The software spending increases will be driven by several factors, including price increases, expanding license bases, and some AI investments , says John Lovelock, distinguished vice president analyst at Gartner. “We Data center spending will increase again by 15.5% trillion, Gartner projects.

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Regulators sound out users on cloud services competition concerns

Network World

These, along with issues such as software licensing, could disincentivise customers from using rival cloud providers, thereby stifling innovation and inhibiting competition in the cloud service market. The study focused on perceptions of their infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS) offerings.

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Turnkey AI option puts organizations in control

CIO Business Intelligence

Others may fear vendor lock-in and the prospect of escalating licensing fees to fund large-scale AI investments. 1 Foundry, AI Priorities Study 2025, [link] Substantial numbers of organizations will always be wary of service providers or unable to fully entrust their fate to them, especially in such a rapidly changing field.