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12 Cloud Computing Risks & Challenges Businesses Are Facing In These Days

datapine

Instead of installing software on your own servers, SaaS companies enable you to rent software that’s hosted, this is typically the case for a monthly or yearly subscription fee. We discussed already some of these cloud computing challenges when comparing cloud vs on premise BI strategies. Cost management and containment.

Risk 237
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5 IT risks CIOs should be paranoid about

CIO Business Intelligence

Call it survival instincts: Risks that can disrupt an organization from staying true to its mission and accomplishing its goals must constantly be surfaced, assessed, and either mitigated or managed. While security risks are daunting, therapists remind us to avoid overly stressing out in areas outside our control.

Risk 142
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CrowdStrike incident has CIOs rethinking their cloud strategies

CIO Business Intelligence

For CIOs, the event serves as a stark reminder of the inherent risks associated with over-reliance on a single vendor, particularly in the cloud. This has forced CIOs to question the resilience of their cloud environments and explore alternative strategies. Yes, they [enterprises] should revisit cloud strategies.

Strategy 143
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6 cloud market forces impacting IT strategies today

CIO Business Intelligence

2023: Greater flexibility, challenging decisions In 2023, the cloud services space — including hosting and managed and migration services — continued to experience impressive growth, eclipsing $564B in total spend. Here is a closer look at recent and forecasted developments in the cloud market that CIOs should be aware of.

Marketing 131
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The success of GenAI models lies in your data management strategy

CIO Business Intelligence

However, this enthusiasm may be tempered by a host of challenges and risks stemming from scaling GenAI. Optimizing GenAI with data management More than ever, businesses need to mitigate these risks while discovering the best approach to data management. That’s why many enterprises are adopting a two-pronged approach to GenAI.

Strategy 143
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New regulation intensifies focus on IT risk management and operational resilience

CIO Business Intelligence

As IT landscapes and software delivery processes evolve, the risk of inadvertently creating new vulnerabilities increases. These risks are particularly critical for financial services institutions, which are now under greater scrutiny with the Digital Operational Resilience Act ( DORA ).

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10 cloud strategy questions every IT leader must answer

CIO Business Intelligence

Although some continue to leap without looking into cloud deals, the value of developing a comprehensive cloud strategy has become evident. Without a clear cloud strategy and broad leadership support, even value-adding cloud investments may be at risk. There are other risks, too. Why are we really going to cloud?

Strategy 145