Articles about Enterprise

FinOps is increasingly being adopted, with 98 percent of respondents to a new survey from Cloudbolt either having a FinOps strategy or planning to implement one. But while 71 percent of companies have expanded funding for FinOps resources in 2023, 99.8 percent say they are still waiting to see any value from it.

In case you haven't been paying attention, FinOps is an operational framework that brings technology, finance, and business together to drive financial accountability and accelerate value through cloud transformation.

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A new global survey of 600 IT decision makers finds that 54 percent say the cloud is vital to balancing their IT spending, however, 44 percent are actively looking for ways to reduce and/or control their cloud spend due to economic conditions.

The study, from database platform Couchbase, finds that on average enterprises spend $28.91 million on cloud services, resulting in an overspend of approximately $6.5 million.

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New research from hybrid data company Cloudera reveals that organizations currently estimate they are not using 33 percent of their data effectively.

The survey 850 IT decision makers (ITDMs) across the EMEA region shows 72 percent of respondents agree that having data sitting across different cloud and on-premises environments makes it complex to extract value from all the data in their organization.

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Certificate authority GlobalSign is warning that later this year, and into 2024, there will be significant changes within the Public Key Infrastructure (PKI) marketplace that they need to be aware of.

These changes involve several critical areas: Google's move to reduce the lifespan of SSL/TLS certificates to 90 days, new CA/Browser Forum Baseline Requirements for email security, and mandatory Root changes issued by Mozilla.

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Two thirds of IT executives in the manufacturing sector believe that their enterprise will be targeted by a cyberattack within the next 12 months.

The study of 300 executives, carried out by CXO Priorities for Quest Software, shows that the most significant threats are seen as ransomware (22 percent), industrial espionage (21 percent), and state-sponsored threats (21 percent).

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From rising collaboration expenses to a need for more devices per employee, hybrid work models have driven a need for new investments in workplace technology.

However, a significant portion of IT spend is wasted in a hybrid-first environment, often due to a reliance on manual processes that don't provide much-needed visibility into organizational endpoints.

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Despite significant efforts to become more efficient with IT budgets, respondents to a new survey report underutilization or wasted IT spending of 36 percent for desktop software, 33 percent for data center software, 32 percent for SaaS and 32 percent for IaaS/PaaS.

The study into IT asset management (ITAM) from Flexera shows that software asset management (SAM) programs are saving enterprises tens of millions of dollars. 55 percent of respondents say they saved more than $1 million, and 16 percent claim SAM programs saved more than $10 million in the past year.

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It seems that generative AI is everywhere at the moment, but for businesses understanding how best to make use of the technology can be a bit of a puzzle.

Instabase is aiming to help with the launch of a new AI Hub, this is a repository of AI apps focused on content understanding and a set of generative AI-based tools.

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Sustained economic volatility has forced organizations of all sizes to make difficult decisions. Whether it's reducing headcount, lowering operational overhead, or cutting costs in other areas, business leaders are looking to increase agility, efficiency, and flexibility ahead of a looming recession.

Global business leaders are facing a unique set of challenges, and many are looking at their tech spend as an area for cost savings. We spoke to Ryan Newsome, chief technology officer at Motus, about how enterprise decision makers can evaluate tech spend through the lens of value creation rather than simply reducing costs.

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Following on from its adding passkey support to Chrome and Android at the end of last year, Google is continuing to rollout the technology across all its platforms.

The company is now bringing passkeys to Google Workspace. Passkeys offer a convenient and secure passwordless authentication experience across websites and apps, allowing users to sign in with a fingerprint, face recognition, or other screen-lock mechanism across phones, laptops, or desktops.

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Modern enterprises hold huge volumes of data and increasingly it's stored in the cloud. This means that protecting the information is a significant challenge and it can even be easy to lose track of where data is.

We spoke to Dan Benjamin, co-founder and CEO of Dig Security, to discuss the risks around cloud data storage and how to address them.

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In the last year or so, AI has suddenly been the thing that everyone's talking about, thanks largely to ChatGPT. There's a good deal of discussion around where AI is headed in the future and the opportunities and threats it presents.

We spoke to Josh Tobin, CEO of Gantry, an AI observability tool for platform models, about the evolution of AI in the enterprise and how businesses can make sure they don't get left behind.

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Getting a clear understanding of how customers use your products is vitally important for software suppliers. Product managers are best equipped to deliver valuable products if they have clear knowledge about this. Data-driven insights, available from entitlement management (EM) systems, are essential for optimizing product road mapping, packaging, provisioning, and pricing decisions, all with the aim of delivering the best customer experience possible. All of these contribute to achieving strategic goals, such as facilitating shifts in monetization and deployment models, streamlining the quote-to-cash (Q2C or QTC) process, and ultimately accelerating growth and increasing recurring revenue.

Key to these efforts: aligning price (the expense for the customer) and value (the perceived utility) of your product. But this proves to be tricky without understanding of who your users are. "Lack of insights into user personas and their priorities" and "disparate systems that make it difficult to achieve single customer view" are among the top hurdles, as reported in the Revenera Monetization Monitor: Software Monetization Models and Strategies 2022. A comprehensive approach to entitlement management can help provide the insights that contribute to improved operational efficiencies.

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Moving to the cloud has always presented something of a challenge, but the pandemic made things even more difficult because of the need to manage more applications across a distributed workforce.

Add in the issue of shadow IT, and enterprises are increasingly struggling with SaaS sprawl. We spoke to BetterCloud CTO, Jamie Tischart to learn more about the problem and how to deal with it.

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Today it seems that the issue of Environmental, Social and Governance (ESG) is being talked about everywhere and has become a key focus for enterprise management teams, especially those responsible for risk management. But is this something new, or should it be viewed as part and parcel of a mature enterprise risk management infrastructure?

One thing is for sure. ESG has important implications for a wide range of stakeholders that includes directors, investors, employees, suppliers, and employees for whom performance against ESG objectives counts.

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