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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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The great repatriation? IT leaders reset cloud strategies to optimize value

CIO Business Intelligence

Moreover, these repatriations show how CIOs have a shrewder, more fluid cloud strategy today to ensure they don’t settle for less than what they want. IT leaders say they are adjusting their cloud strategies to incorporate that perspective and allow for more options. a private cloud).

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Accenture — Nvidia deal: A first peek into the new world of genAI-centric strategies

CIO Business Intelligence

You want to host it in a shared platform that gives you scale. Schadler spoke of the realities of vendor lock in: today it can’t be avoided in AI, but CIOs still need to reduce the risk as much as possible. “You They have to reconsider their strategy and business models,” Andersen said. “AI You don’t have an answer today.” “You

Strategy 134