Top 17 cloud cost management tools

Keeping on top of the outlay of your cloud estate is more important than ever. These platforms will help you get a pulse on your cloud use and associated costs, which can add up rapidly.

It feels like just yesterday that we were promised that cloud servers cost just pennies. You could rent a rack with the spare change behind the sofa cushions and have money left for an ice cream sandwich.

Those days are long gone. When the monthly cloud bill arrives, CFOs are hitting the roof. Developer teams are learning that the pennies add up, sometimes faster than expected, and it’s time for some discipline.

Cloud cost managers are the solution. They track all the bills, allocating them to the various teams responsible for their accumulation. That way the group that added too many fancy features that need too much storage and server time will have to account for their profligacy. The good programmers who don’t use too much RAM and disk space can be rewarded.

Smaller teams with simple configurations can probably get by with the stock services of the cloud companies. Cost containment is a big issue for many CIOs now and the cloud companies know it. They’ve started adding better accounting tools and alarms that are triggered before the bills reach the stratosphere. See Azure Cost Management, Google Cloud Cost Management, and AWS Cloud Financial Management tools for the big three clouds.

Once your cloud commitment gets bigger, independent cost management tools start to become attractive. They’re designed to work with multiple clouds and build reports that unify the data for easy consumption. Some even track the machines that run on premises so you can compare the cost of renting versus building out your own server room.

In many cases, cloud cost managers are part of a larger suite designed to not just watch the bottom line but also enforce other rules such as security. Some are not marketed directly as cloud control tools but have grown to help solve this problem. Some tools for surveying enterprise architectures or managing software governance now track costs at the same time. They can offer the same opportunities for savings that purpose-built cloud cost tools do — and they help with their other management chores as well.

What follows is an alphabetical list of the best cloud cost tracking tools. The area is rapidly expanding as enterprise managers recognize they need to get a grip on their cloud bills. All of them can help govern the burgeoning empire of server instances that may stretch around the world.

• Anodot
• AppDynamics
• Apptio Cloudability
• CloudAdmin
• CloudCheckr
• Datadog
• Densify
• Flexera One
• Harness
• Kubecost
• ManageEngine
• Nutanix Xi
• ServiceNow
• Turbonomic
• VMware Aria CloudHealth
• Yotascale
• Zesty

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7 IT leadership lessons learned from COVID-19

IT leaders from HP, McAfee, Johnson Controls, and other enterprises reflect on what they learned after leading teams through a full year of the COVID-19 pandemic.

The World Health Organization declared the COVID-19 outbreak a global pandemic on March 11, 2020, and soon after IT leaders rushed to mitigate the impact on their businesses, marshaling teams to work remotely.

CIOs boosted infrastructure capacity, shipped laptops to residences, and migrated applications small and large to software-as-a-service (SaaS) applications and cloud software. Eighty-two percent of CIOs surveyed say they have implemented new technologies and IT strategies during the pandemic, according to IDG’s 2021 State of the CIO survey.

Beyond implementing new technologies at scale, CIOs embraced the mental-health hurdles associated with managing remote teams whose work-life balance has been disrupted.

“Like most organizations, the pandemic took us by surprise,” says Paul Herring, global chief innovation officer of accounting firm RSM International. “We had to adjust quickly.”

Here IT leaders reflect on what they learned from a year of leading teams during the pandemic, as well as how work will likely change going forward.

1. The way we work changed overnight
2. Collaboration evolved — but left spontaneity a little lacking
3. Product expedition became a priority
4. Automation curbed uncertainty
5. IT leaders learned to lead with empathy
6. The customer meeting flight may now be canceled
7. It may no longer matter where employees reside

Read more details HERE

7 interview mistakes that cost you key IT hires

A subpar interview process is a chief reason why IT pros turn down job offers. Here’s how your hiring team may be sabotaging its chances of landing top talent in a tight market.

If you were to call Sherlock Holmes to help you discover why top tech talent who you’ve interviewed declined your reasonable offer, he might call your mystery common. But the killer is not — as you might believe — the mercurial nature of candidates, a failure of education, or anything outside the room where the interviews happen. It’s more likely that your process or team are inadvertently undermining your own efforts.

“People blame the candidates, but the interview process is the main reason people turn down jobs,” says Barbara Bruno, author of High-Tech High-Touch Recruiting: How to Attract and Retain the Best Talent by Improving the Candidate Experience.

It could be the questions you ask, the people asking the questions, or a host of other missteps that telegraph a subtle message to candidates to move along.

I asked hiring managers, recruiters, and directors of talent what — specifically — hiring teams are doing to cost them those key hires they so desperately want.

You’re fishing with the wrong bait

Candidates end up in your interview room because they responded to your job description. That’s your bait. As with actual fishing, the bait you use has a lot to do with what you catch. You might want to check that you are targeting the right people and expectations.

“There seems to be a huge disconnect right now between traditional job requisitions — that are a laundry list of skills — and how candidates will be evaluated on the job,” Bruno says.

Bruno suggests ditching the laundry list and instead taking a hard look at what your team needs in this role. “I always ask employers, ‘Can you give me five performance objectives?’ or ‘How will the candidate be evaluated in six months?’” Bruno says.

Once they are forced to answer those questions, she finds hiring teams discover that much of their “must have” list won’t be needed in the position. Even worse? There are many more skills — like the ability to prioritize, problem solve, communicate, and ask for help — that aren’t in the job description but that anyone who hopes to succeed in the role will need to possess.

Step back from your shopping list and think instead about what success in the role would look like. Then come up with skills and experiences that would genuinely help.

Read more HERE

Measuring IT project success post-COVID—and 4 leadership lessons learned

Despite challenges, the pandemic has unearthed opportunities from both a technology and strategic standpoint and has introduced new ways to measure the business value of digitization projects.

The pandemic has had a dramatic and adverse impact on companies of all sizes and geographic locations over the course of the past several months, including lost revenue, reduction of staff and cuts in IT budgets and spending.  However, as we look back, there were some positive aspects as well, and more to come as plans are put in place for a post-COVID recovery.

Most companies, for example, were able to quickly pivot to a work-from-home structure to support employee safety, sustain and even increase productivity, and for the most part keep business activities on track. The transition has been so successful that many organizations plan to keep a portion of their workforce remote for the foreseeable future, in part to provide resiliency in the face of uncertainties. Weaknesses in IT infrastructure, process, and resources also became very apparent during the pandemic, pushing many companies to reduce or eliminate legacy debt, improve security, and increase investments in cloud services.

One additional upshot of the COVID crisis is a significant increase in the pace of digital transformation activities that are rapidly changing business models and user behavior. The pandemic has not only accelerated digitization but has exponentially increased the adoption of a digital process. What we anticipated to happen in the next five years is happening now, and what we thought wouldn’t have worked in the past is now possible because of the pandemic.

Digitization becomes a must-have

The life insurance business, for example, often relies on face-to-face sales interactions.  But the pandemic turned that business model on its head.  While we were already working on digitizing the sales process, there were pieces that needed to be accelerated or there soon wouldn’t be a business model.  For us, digitization activities moved from nice-to-have to must-have in a matter of weeks. If we can’t get data electronically, underwrite automatically, or deliver policies digitally we can’t do business in today’s world.

Since March, we have delivered in less than 30 days two key initiatives that would have taken months, if not a year, to deliver under normal circumstances. The first is an automated underwriting process that uses data to manage risk up to $3MM without requiring the invasive process of going to a client’s house to take and test blood samples. The second project allowed us to electronically deliver policies to our customers since we had a limited in-office staff who did not want to rely on ‘snail mail,’ and agents could not meet the client to deliver the policy themselves. We are now working on the third transformational initiative that was originally projected to span multiple years but will now be done in 18 months.

Read more HERE

10 future trends and how CIOs can keep ahead in 2021

After a year disrupted by a global pandemic, the next normal is starting to take shape. Here’s a look at what’s ahead for IT organizations.

As the COVID-19 pandemic has unfolded, CIOs have faced epic challenges unlike any they’ve previously weathered. For many business leaders, recovery isn’t just a return to their former state but a top-to-bottom rethinking of what business they need to be in and how their business must be run. As the chief owners of the digital infrastructure that underpins all aspects of modern enterprises, CIOs must play pivotal roles in the road to recovery, seeking the “next normal” while still performing their traditional roles.

The following predictions, based on the IDC FutureScape: Worldwide CIO Agenda 2021 Predictions, present information about technologies, markets, and ecosystems to help CIOs better understand future trends and their impact on the enterprise, and offer guidance on complex, fast-moving environments, proposing prescriptive, actionable recommendations for the next five years.

1. By 2022, 65% of CIOs will digitally empower and enable frontline workers with data, AI, and security to extend their productivity, adaptability, and decision making in the face of rapid changes. Businesses need teams and workers to function more autonomously, making decisions in the face of great uncertainty. Frontline workers are in the best position to gain real-time knowledge of changes in customer behaviors and external environments. But they need access to data and intelligent tools embedded in their workflows in a seamless fashion. CIOs will need to bolster IT capabilities in data science, AI, and human-machine interface and advanced intelligent workflow design.

Recommendations:

  • Acquire talent through hiring, development, and partnering ahead of the curve to avoid critical gaps.
  • Create centers of excellence (COEs) for data/analytics, AI, machine learning (ML), and workflow and task automation.
  • Ensure strategies, policies, and tools are in place to secure sensitive data and ensure proper usage.
  • Plan for the evolution from directed digital workers to hybrid digital/human workers to self-governing digital workers.

2. By 2021, unable to find adaptive ways to counter escalating cyberattacks, unrest, trade wars, and sudden collapses, 30% of CIOs will fail in protecting trust—the foundation of customer confidence. According to a recent IDC survey, 63% of organizations are investing in cybersecurity to build digital trust for customers, employees, and partners. Despite these investments, almost one-third of CIOs will fail to fully surmount the fallout from adverse events as the intensity and diversity of threats escalate, resulting in degradation of trust in their businesses. CIOs will be expected to lead all technology aspects of risk management for the enterprise and its ecosystems at a time where funding is scarce and scrutinized.

Recommendations:

  • Rethink risk management strategies in the new context of high volatility, increased threats, and business uncertainty.
  • Embrace modern practices and leverage proven frameworks like NIST.
  • Create trust objectives and strategies to focus efforts on high-payoff initiatives.

Read more here

7 attributes every IT leader must have

Leadership has little to do with one’s title or seniority; it’s an attribute that’s earned over time through study, practice and commitment. Are you prepared to become a true leader?

Becoming a true IT leader — someone who inspires teams to consistently reach new heights — requires skills that can only be acquired over time through hard work and a commitment to succeed.

Transformational leaders are typically described as lively, passionate, engaging and energetic. Such individuals aren’t focused only on helping teams achieve their planned goals; they also work hard to help team members reach their full potential.

Becoming a respected and prized leader isn’t easy, but it’s a goal within reach of just about anyone who’s willing to commit to the task. Here are seven fundamental attributes every IT leader needs to possess — and how to acquire them.

  1. Agility
  2. Vision
  3. Empathy
  4. Steadiness
  5. Authenticity
  6. Accessibility
  7. Curiosity

Get more details HERE

How to build a resilient IT culture

The pandemic has underscored the importance of thriving through hardship and uncertainty. IT leaders discuss how they’re adjusting their leadership practices to help foster this key IT trait for the long haul.

The word ‘resilient’ is cropping up a lot lately as a cultural cornerstone for coping with the pressures the pandemic has foisted on IT. CIOs have played a significant role in enabling organization-wide remote work strategies at speed while accelerating digital initiatives central to the business in uncertain times.

For many, the ability to shift gears, double down and navigate hardship has been a testament to an IT culture capable of withstanding and recovering quickly from difficult challenges. For others, rising to the occasion has been a crash course in resilience, offering hard-earned lessons in what it will take to thrive in IT in the months and years to come.

“The last few months have been a huge social experiment for every company around the world,’’ says Jacqui Guichelaar, CIO of Cisco, who adds that many leaders discovered their staffs can be just as productive working remotely as in the office. The upshot? Leaders must model certain behaviors in this new way of working, she says. “Traditional tactics don’t work in the new reality.”

Here, IT leaders discuss what makes an IT organization resilient, and how they are adjusting their leadership practices to ensure IT can foster this key trait for the long haul.

Put people first
Keep connected
Find common purpose
Foster career growth
Establish mutual respect
Take care of yourself as well

More Details HERE

7 attributes every IT leader must have

Leadership has little to do with one’s title or seniority; it’s an attribute that’s earned over time through study, practice and commitment. Are you prepared to become a true leader?

Becoming a true IT leader — someone who inspires teams to consistently reach new heights — requires skills that can only be acquired over time through hard work and a commitment to succeed.

Transformational leaders are typically described as lively, passionate, engaging and energetic. Such individuals aren’t focused only on helping teams achieve their planned goals; they also work hard to help team members reach their full potential.

Becoming a respected and prized leader isn’t easy, but it’s a goal within reach of just about anyone who’s willing to commit to the task. Here are seven fundamental attributes every IT leader needs to possess — and how to acquire them.

  1. Agility
  2. Vision
  3. Empathy
  4. Steadiness
  5. Authenticity
  6. Accessibility
  7. Curiosity

Get the details HERE

10 tips for modernizing legacy IT systems

IT modernization is a key component for establishing an agile, responsive enterprise. IT leaders lend advice on how to transform legacy tech into digital assets.

This year’s extraordinary events have accentuated the need for a modern technology environment agile and responsive enough to meet rapidly changing business dynamics — whether those are emerging revenue opportunities or work-from-home mandates.

And that means having a strategic plan for modernizing legacy apps.

“Getting rid of legacy is a perennial issue, but modernization is a top issue now more than ever,” says Diane Carco, president and CEO of management consulting company Swingtide and a former CIO.

CIOs see modernization as critical for delivering better quality software faster, running IT with more controls and insights, integrating more security, and more quickly meeting the needs of the business, according to The State of Modern Applications in the Enterprise, a 2020 report released by cloud solutions provider Ahead.

IT has plenty of work ahead to achieve those objectives, as 26% of organizations are only at the beginning stages of IT modernization, while 19% have made only moderate progress, according to The State of IT Modernization 2020 report from IDG and tech company Insight.

To move your modernization initiative forward, Carco and other leading technologists advise keeping the following 10 tips in mind.

1. Know what you have
2. Prioritize projects based on business value
3. Calculate total cost of ownership
4. Create a business-backed modernization roadmap
5. Take an incremental approach
6. Elimination is a viable option
7. Don’t shortchange governance
8. Be selective with microservices
9. Skip ahead
10. Take a product-based approach

Read more HERE

With IT salaries dropping, some hard-earned skills still pay

Employers are still willing to pay highly skilled IT staff a premium — but certification is making much less of a difference than it used to, a study shows.

Even with more IT workers looking for jobs in the wake of COVID-19 than were prior to the pandemic, highly skilled staff are able to demand higher pay. Increasingly, however, it’s on-the-job experience and not certifications that employers are valuing the most.

The average premium paid for tech certifications fell to 6.8% of base salary in the third quarter, the lowest in 7 years, according to Foote Partners’ latest IT Skills & Certifications Pay Index, while non-certified skills earned workers an average bonus of 9.6% of base salary, the same as in the previous quarter — and the highest in the past 20 years.

Those bonuses are all the more important to employees when, as Foote Partners found in a separate survey of IT jobs, not yet published, salaries dropped over the past year for 41% of job titles. Among those titles hardest hit are jobs in mobile platform computing, business systems analysis, .NET, digital product development, IT architecture, enterprise messaging, web systems, and SAP. Overall, across the 516 certifications the company tracks, the average premium for certifications declined by 1.5% during the quarter, and by 6.7% over the year to Oct. 1.

In some categories, notably cybersecurity, architecture and project management, the decline accelerated in the third quarter, although there was a slight increase in bonus pay offered for some certifications in networking, communications, app development and programming languages during the same period.

Read more HERE