So far, 2014 has turned into a banner year for CIOs that have invested the
time and effort to plan for hybrid cloud services, while building strong
strategic relationships with their Line of Business leadership. Their
approved capital investment budget spend is on-track and operational expenses
are contained, as planned.
Savvy senior executives across the globe continue to make selective
investments in new business technology. In fact, there could be a moderate IT
infrastructure spend over the next 12-18 months, which will likely increase
the demand for open source software and professional services as new cloud
service projects are approved.
Worldwide IT spending is now forecast to increase by 4.5 percent in 2014 at
constant currency, that's according to updated projections from the latest
market study by International Data Corporation (IDC). By and large, this
Accomplish much more, very rapidly, while spending less -- this is the
business technology trend that savvy executives everywhere have embraced.
Worldwide IT spending will reach a total $3.7 trillion in 2014, that's a 2.1
percent increase from last year, according to the latest global market study
This forecast, however, is down from their earlier projections of 3.2 percent
What's driving the ongoing transition to lower business technology spending?
The slower outlook for 2014 is attributed to a reduction in growth
expectations for end-user devices, data cente... (more)
Some people are never satisfied. These fearless agents of change are
everywhere. They're informed, confident and willing to experiment. They seek
out the best business technology solution for the job at hand. They act on
instinct. Yes, you could say that they're driven.
However, they're also at risk of being labeled as "rogue employees" because
they ordered a software-as-a-service (SaaS) offering and perhaps expensed it
without prior approval. Sometimes they're the champion of progressive
projects that are referred to as Shadow IT -- intentionally bypassing their
company's formal... (more)
Public cloud service adoption is already a mainstream phenomenon in most
organizations. Meanwhile, many large enterprises see a private cloud in their
future. But choosing whether to invest in building an internal cloud
infrastructure or buy from a cloud service provider will become more
challenging – in anticipation, savvy IT leaders are becoming brokers of
dynamic business technology solutions.
Hybrid cloud resource management and progressive operational process adoption
are the key focal points in preparation for this transition. Moreover, Line
of Business demand for emerging ... (more)
If you're an executive that's concerned about the high-cost of proprietary
software, you're not alone. If your IT team pushes back whenever Line of
Business leaders ask them for feature enhancements that goes beyond the
limits of the commercial software packages they've licensed, then you already
know that frustration.
Are you wondering if there's an alternative to this legacy business
technology scenario? Consider Open Source Software (OSS) and follow in the
footsteps of the previously enlightened.
North Bridge Venture Partners recently announced the results of the eighth