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Seek solutions now to remedy surging cloud costs

CIO

The complexity within IT infrastructures is increasing, as is the pressure on IT budgets to use available funds as smartly and efficiently as possible. Effective cost management in the cloud is, therefore, becoming increasingly important. Limitations of CCMO tools There’s a lot of room for improvement in cloud cost management.

Cloud 197
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Many CIOs are better equipped to combat rising IT costs. Are you?

CIO

Inflation may have dropped from its high in 2022, but the price pressures on IT budgets have continued unabated. Forty-one percent of the CIOs in the survey said they’ve changed their cycle for revisiting IT budgets to at least every month, says Tony Olvet, IDC’s VP of worldwide C-suite and digital business research.

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10 hottest IT jobs for salary growth in 2023

CIO

Project manager The role of project manager is important for planning, executing, and completing IT projects on time and on budget. Program analyst/manager Working closely with project managers, program analysts and managers oversee programs and projects within an organization to ensure they’re on track and on budget.

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10 highest-paying IT jobs

CIO

IT management It’s no surprise that IT executive positions earn some of the highest average salaries, with Dice reporting an average yearly salary of $164,814 in 2022 — an 8.4% The CIO typically ranks the highest in an IT department, responsible for managing the organization’s IT strategy, resources, operations, and overall goals.

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5 ways to maximize your cloud investment

CIO

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. No IT organization wants to get caught short on processing or storage resources that could negatively affect operations, or have to suddenly add resources that exceed the budget.

Cloud 187
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Vendor consolidation a hot-button topic for CIOs as they try to manage the tensions between innovation and efficiency

CIO

One of the key steps in achieving all of the above will be vendor consolidation, and there will be a strong trend towards this in the year ahead. For example, one key piece of advice for CIOs looking at constrained budgets and inflationary pressures in the year ahead is to be open with suppliers regarding those budget constraints.

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10 cloud strategy questions every IT leader must answer

CIO

Cloud costs will often — and rapidly — become large line items on budgets. At a previous company with a cost-effective corporate data center and infrastructure environment, Upchurch found that simply moving enterprise applications to the cloud would have decimated the budget. There are other risks, too.

Strategy 217