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CIOs rethink all-in cloud strategies

CIO Business Intelligence

Cloud exit’ became a big theme in 2023 and there’s good odds it’ll turn into a real trend for 2024. The resulting infrastructure of choice — a combination of on-premises and hybrid-cloud platforms — will aim to reduce cost overruns, contain cloud chaos, and ensure adequate funding for generative AI projects.

Strategy 142
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Sustainability trends: 5 issues to watch in 2024

IBM Big Data Hub

In 2024, sustainability is taking center stage. These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. trillion in economic benefits by 2030. trillion to the global economy by 2050.

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SAP 2024 outlook: 5 predictions for customers

CIO Business Intelligence

SAP customers have a lot to navigate in 2024. In addition, SAP customers should understand the benefits, protections, and limitations that SAP will provide in exchange for access to data. But referenceable flagship implementations across industries are limited, particularly at the enterprise customer level.

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8 steps to build a successful multicloud strategy

IBM Big Data Hub

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. billion in 2024, up from $563.6 Webex or Slack) hosted over the public internet. to total $678.8 billion in 2023.

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CIOs weigh where to place AI bets — and how to de-risk them

CIO Business Intelligence

billion in 2024 to $521.0 When it comes to AI, Nafde sees risks in the vendors selected, the business-worthiness of the use case, and the cost of the initiative. The CIO has strategies in place to address all three. It’s a significant danger with significant costs. billion on 2027.

Risk 121
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Non-disruptive SAP ERP modernization on IBM Power

IBM Big Data Hub

A key reason for this hesitancy is the complexity and cost of migrating to a new ERP platform. SAPinsider’s RISE with SAP 2023 report identified the primary benefit as the single contract that enables a cost-effective move 2. SAP offers both cloud and on-prem deployment options for S/4HANA.

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IDC: Pace of enterprise applications sales will increase next year

CIO Business Intelligence

IDC forecasts the growth rate of enterprise applications software sales will pick up in 2024, and remain steady through 2027, despite a dip this year as a result of CIOs continuing to pull back on spending due to economic headwinds. this year, before picking up again in 2024 and averaging 9.6% Software sales grew 9.8% through 2027.

Sales 52