Companies will waste $135 billion worth of cloud resources in 2024, or about 30% of the worldwide public cloud spending of $675 billion, according to Gartner. That’s the bad news. The good news is ...
As per another Gartner report, Control Cloud Costs With a FinOps Approach, “As organizations’ use of cloud grows, the ability to monitor and manage resources often fails to keep pace,” said ...
But now more than ever, CIOs need to understand the convergence happening in the marketplace between IT asset management (ITAM) and the growing practice of FinOps (cloud financial management).
As tech stocks continue to gain momentum, many investors are eyeing opportunities in the sector, especially after the Fed’s ...
IBM on Tuesday announced that it has acquired Kubecost, a FinOps startup that helps teams at companies like Allianz, Audi, Rakuten, and GitLab monitor and optimize their Kubernetes clusters with a ...
Gartner: How to Boost the Success Rate of IT Projects in 2025 Your email has been sent Gartner research shows IT leaders can enhance the success prospects of digital initiatives in simple ways ...
As such, more and more companies are implementing the practice of cloud financial operations (FinOps), which unite business strategy with enterprise-wide accountability to manage and optimise ...
As the scope of initiatives widen, the financial burden of developing and deploying Gen AI models is increasingly felt," stated Gartner's distinguished analyst Rita Sallam in a press release ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
“While all eyes are on AI right now, CIOs and CTOs must also turn their attention to other emerging technologies with transformational potential,” said Melissa Davis, VP Analyst at Gartner.
Berkshire Hathaway has offloaded nearly $1 billion in Snowflake stock as it exits the former IPO chart-smashing cloud data ...