SaaS services are one of the biggest drivers of OpEx (operating expenses) for modern businesses. With Gartner projecting $247.2 billion in global SaaS spending this year, it’s no wonder SaaS budgets are a big deal in the world of finance and IT. Efficient SaaS utilization can significantly affect both the bottom line and employee productivity.

Imagine trying to navigate a new city without a map—you wouldn’t know where to go, how to get there, or what obstacles might be in your way. As a network administrator, understanding network topology is just as vital for navigating and maintaining a stable network. Without a detailed knowledge of the pathways of your network infrastructure, troubleshooting and network management become unnecessarily complex.

As businesses of all sizes migrate to digital solutions, the cost of cloud services becomes a pivotal consideration. While cloud computing offers scalable, on-demand resources, it’s important to understand its cost structure to budget effectively and maximize ROI. Data storage, compute power, and network usage can cause significant variation in prices.

As the world of work continues to evolve and the technological needs of companies change, cloud migration has seen some interesting developments in recent years. At Auvik, we’ve collected three key takeaways and 15 cloud migration statistics that point to emerging trends and help IT professionals better position themselves for the future. First, some quick definitions: Public clouds are managed by providers, while private clouds are managed by the company or a third party.

High interest rates, inflation, and technological change are creating turbulence in every industry this year—but the financial services sector has been in for an especially bumpy ride. From strict compliance requirements to growing security concerns and rapid change in fintech, IT professionals in the finance industry are continuously challenged to keep up.