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The latest News and Information on Cost Management and related technologies.

5 IT Financial Management (ITFM) Best Practices To Consider In 2022

If IT Financial Management (ITFM) was as simple as widely presumed, we’d be seeing IT expenditure dropping globally with the continued adoption of cloud services. For example, in 2020 it was expected that 83% of enterprise workloads would move to the cloud. That move happened but the results didn’t come with the extensive cost reduction benefits that businesses envisioned. Organizations are actually spending more despite the workload migration.

FinOps Tools: Supercharge Your Investment with Optimization

Cost analysis and allocation tools like CloudHealth, CloudCheckr, and Cloudability play an important role in many organizations’ FinOps journeys by assisting with keeping Finance informed, enabling forecasting, and driving accountability. These tools may also help provide visibility and direction around long-term purchases like Savings Plans and RIs. But, slicing and dicing your cloud costs is only the tip of the FinOps iceberg: 85%+ of your cloud savings potential lies beyond refining how you buy cloud services. You also need to optimize what you’re actually purchasing.

2021 Pepperdata Survey: The Reality of Kubernetes in Action

More companies than ever before are migrating to Kubernetes and seeing the results of Kubernetes in action. Kubernetes (K8s) is a key platform for big data users, and as such, we wanted to dive deeper and discover some new truths about current Kubernetes challenges and what the solutions might be. We surveyed 600 IT and big data professionals from various industries to determine which big data applications enterprises are moving or intending to move to Kubernetes.

5 Refactoring Techniques You Can Use To Improve Your Software

Although refactoring isn’t typically listed as one of the core phases of the software development lifecycle, you cannot leave it out if you intend to keep code running efficiently. The unfortunate thing about software is, it doesn’t usually age very well. Even seemingly perfect source code progressively decays over time — due to the ever-morphing tech ecosystem.

What is Cloud Repatriation and How to Avoid It with Cloud Cost Management

Cloud computing is one of the great technologies of our era. As such, enterprises everywhere are in a hurry to migrate to the cloud. However, one of the less-talked-about trends of our time is cloud repatriation: the process of enterprises reversing their decision, leaving the cloud, and returning to an on-prem setting. According to TechTarget, 85% of enterprises reported plans of repatriating their workloads from the public cloud in 2019.

Data-Driven Software Development: How To Make Strategic Dev Decisions

A fundamental requirement for building a profitable product is finding ways to reduce costs and improve efficiency. When you’re operating in the cloud, it’s almost impossible to gain this insight without data. This is where data-driven software development comes in. Data-driven development is a software engineering approach that relies on data to guide the development process.

AWS Savings Plan: All You Need to Know

Organizations using Amazon Web Services (AWS) cloud traditionally leveraged Reserved Instances (RI) to realize cost savings by committing to the use of a specific instance type and operating system within the AWS region. Nearly 2 years ago, AWS rolled out a new program called Savings Plans, which give companies a new way to reduce costs by making an advanced commitment of a one-year or three-year fixed term.