6 ways CIOs are bringing spiralling cloud costs under control
6 ways CIOs are bringing spiralling cloud costs under control
The pandemic has accelerated cloud usage, creating longer-term challenges for organisations looking to effectively manage their cloud costs. Credit: Dreamstime
After the business world reacted to the emergence of the COVID-19 pandemic in 2020 by shifting key systems to more-flexible cloud infrastructure, many are now having to rethink all of their assumptions about IT spending on the fly.
This shift which will persist well beyond the pandemic has led to many organisations finding it difficult to effectively track their cloud expenditure, both in terms of the infrastructure-as-a-service (IaaS) they consume as more and more workloads move to the cloud and in terms of the number of employees using cloud-based software-as-a-service (SaaS) tools to do their jobs.
It’s true that the COVID-19 pandemic has hit the St. Louis retail market hard. But a new report from Newmark shows that there is hope in this market, too, as retailers adapt to the challenges of the pandemic by multiplying their revenue streams and embracing ecommerce.
According to Newmark’s first quarter St. Louis retail report, the retail vacancy rate in the St. Louis region jumped 60 basis points, ending the first quarter at 5 percent. Net absorption totaled negative 590,046 square feet for the past four quarters, according to Newmark’s research.
The average quoted retail rent in this market did increase slightly in the first quarter to $13.02 a square foot, a jump of 3 cents a square foot from a year ago.
Flexera 2021 State of Tech Spend Provides Insights into IT Cost Visibility
ITASCA, Ill., Jan. 12, 2021
Flexera, the company that helps organizations maximize business value from their technology investments, today announced the findings of the
Flexera 2021 State of Tech Spend Report. A part of the
Flexera State of series of reports, the
Flexera State of Tech Spend Report provides insight into current and future technology spend from the perspective of enterprise CIOs and IT executives. The report highlights how companies are shifting spending to support their critical IT initiatives, how they’re tracking and managing IT spend, and the challenges they face in optimizing spend.