#cost-reduction
#cost-reduction

WarpStream is building a cheaper, cloud-native streaming service | TechCrunch

WarpStream built a cloud-native streaming solution based on Apache Kafka protocol by leveraging cloud object storage like Amazon S3 for cost reduction and operational efficiency.

The approach of separating compute from storage in a cloud environment allows WarpStream to minimize inter-zone networking costs, enhancing the scalability and affordability of large-scale Kafka workloads. [ more ]

DevOps.com

CloudBolt Commits to Applying AI to FinOps - DevOps.com

CloudBolt plans to incorporate AI into its FinOps capabilities to enable real-time cost reduction in complex IT environments.

FinOps is a discipline that promotes shared responsibility for cloud infrastructure and costs, but many organizations struggle to implement it effectively. [ more ]

Shopify

Explore the Best Automated Business Ideas for Passive Income (2024) - Shopify

Automated businesses utilize technology to operate independently and generate passive income.

Benefits of automation include increased efficiency and reduced costs. [ more ]

New Relic

How to streamline workflows with business application monitoring

Business application monitoring involves tracking and analyzing applications to ensure optimal performance.

Benefits include improved efficiency, enhanced user experience, cost reduction, and proactive issue resolution. [ more ]

DevOps.com

Web development

Can Improving Developer Experience Actually Reduce Costs? - DevOps.com

Improving developer experience can reduce costs by increasing efficiency and avoiding rework.

Investing in developer experience leads to benefits such as easier onboarding and reduced overhead, indirectly reducing costs. [ more ]

Harvard Business Review

Free Up Your Human Talent With Hyperautomation on AWS - SPONSOR CONTENT FROM AWS

Hyperautomation is a strategy that automates simple, scalable, or repetitive business tasks to drive cost reductions and increase operational effectiveness.

Implementing hyperautomation can be complex and costly, but emerging simplified solutions are making it more accessible for businesses. [ more ]

New Relic

Crisp moves to ingest-based pricing for monitoring

Transitioning from multiple monitoring tools to a single observability tool can streamline operations and reduce costs.

A predictable pricing model, like host-based pricing, helps provide price predictability and simplify billing. [ more ]

www.cbc.ca

5 months ago

Canada news

Spotify cutting 17 per cent of workforce in 3rd round of layoffs this year | CBC News

Spotify will lay off 1,500 employees, or 17% of its workforce, to reduce costs

The layoffs are expected to incur charges of 130 to 145 million euros in Q4 2023 [ more ]

The Drum

5 months ago

Marketing

How cutting energy costs made its all Add Up for Vyde, MG OMD and UK Gov

The Department of Energy Security & Net Zero won the Digital Industries Award for Not For Profit at the Drum Awards Festival for their 'It All Adds Up' campaign.

The campaign aimed to educate consumers and help them save on their energy bills by showcasing three key actions: reducing combi boiler flow temperature, turning down radiators in empty rooms, and draught proofing to reduce heat loss from properties. [ more ]

morecost reduction

eLearning Industry

4 days ago

Education

How EdTech Will Solve Current Education Problems Via Mobile Apps

EdTech apps revolutionize education with personalized learning and cost reduction. [ more ]

eLearning Industry

Education

How Can Schools Use Video On Demand To Engage And Educate Students?

Incorporating video on demand can optimize learning results in modern classrooms by engaging learners

Videos in educational settings can enhance learner engagement, promote knowledge acquisition, support different learning preferences, and reduce costs [ more ]

ITPro

1 day ago

Businesses need to realize automation is not about cutting costs

Embracing automation and AIOps can accelerate digital transformation, but reducing staff purely to cut costs is shortsighted. [ more ]

DevOps.com

3 weeks ago

How to Migrate an Observability Platform to Open Source - DevOps.com

Migrating to open source observability reduces costs and offers control over telemetry data despite challenges. [ more ]

CodeProject

AWS LocalStack - Installing & Configuring Locally on Windows for SQS

LocalStack provides emulation of various AWS services for local testing and development without costs.

Easy setup, offline development support, customization, and integration with AWS SDKs are key features of LocalStack. [ more ]

ITPro

5 hours ago

Wasabi partners with Dell to offer affordable hybrid cloud solutions

Collaboration between Wasabi and Dell for affordable hybrid cloud solutions. [ more ]

Cloud Pro

4 months ago

UK firms flocking to microservices amid sharpened cloud optimization focus

Rising costs, data visibility, and interoperability issues are driving firms to seek cloud optimization services.

Cloud optimization services help companies improve cost-efficiency, data management, and system interoperability. [ more ]

Entrepreneur

5 months ago

How Small And Medium Businesses Can Save Money and Increase Productivity With The Cloud | Entrepreneur

SMBs face challenges due to supply chain disruptions, labor shortages, and inflation, but cloud technology can help them manage these challenges.

Migrating to the cloud can reduce costs by removing the need to manage on-premises data centers and using a pay-as-you-go model. [ more ]

TechCrunch

2 hours ago

Retell AI lets companies build 'voice agents' to answer phone calls | TechCrunch

Call centers are increasingly adopting AI voice agents to reduce costs and improve efficiency. [ more ]

ReadWrite

AI speeding up oil extraction and boosting US crude output

AI is transforming the oil industry by increasing efficiency and reducing costs.

Companies like Nabors and SLB are using AI to control drilling rigs and offshore oil fields. [ more ]

InfoQ

State of FinOps 2024: Reducing Waste and Embracing AI

Waste and cost reduction is a top priority based on the 2024 State of FinOps survey.

Engineers benefit significantly from FinOps observability but 'engineering enablement' priority has dropped. [ more ]

Harvard Business Review

Building Growth and Trust with Generative AI on a Hybrid Platform - SPONSOR CONTENT WEBINAR FROM CLOUDERA, AMD & DELL

Generative AI is creating value for enterprises by increasing productivity and decreasing costs

Hybrid platforms involving both cloud and on-premise infrastructure are being used to effectively and safely utilize generative AI. [ more ]

Axios

AI health care reality check: efficiency, not revolution

Even though AI may not fundamentally reshape the US healthcare system in the near future, there is consensus that it has the potential to greatly enhance care quality and reduce costs.

Resistance to change in the heavily regulated and financially lucrative healthcare system may slow down the adoption of AI, but technologies that increase revenue, boost productivity, and improve healthcare workers' quality of life are likely to be integrated into the system. [ more ]

TechRepublic

IBM: While Enterprise Adoption of AI Increases, Barriers are Limiting Its Usage

42% of enterprise-scale companies have actively deployed AI, with 59% accelerating their rollout or investments.

Top factors driving AI adoption are advances in AI tools, the need to reduce costs and automate processes, and the increasing amount of AI embedded in business applications. [ more ]

Wareable

1 week ago

Wearables

Apple Vision Pro 2 not expected to be announced until the end of 2026 - Wareable

Apple's Vision Pro 2nd gen delayed until 2026, focus on cost reduction, upcoming visionOS 2.0 update, and potential Lite version release. [ more ]

Above the Law

2 weeks ago

Law

Unlocking Value: The Power of Value-Based Pricing

Value-based pricing in legal services can reduce costs, ensure budget predictability, and enhance organizational value. [ more ]

KOMO

NYC politics

NYC launches controversial program giving migrants prepaid debit cards for food, supplies

Prepaid debit cards for migrants in NYC aim to reduce costs and provide better services

Program estimates saving NYC over $7 million annually [ more ]

Ars Technica

OMG science

Next-gen battery tech: Reimagining every aspect of batteries

Companies are developing new manufacturing processes to reduce battery production costs and environmental impact.

Sylvatex has created a water-free process for manufacturing cathode active material, reducing costs and energy use significantly. [ more ]

www.bostonherald.com

Medicine

Patients see first savings from Biden's drug price push, as pharma lines up its lawyers

Patients are facing high drug costs, inspiring advocacy movements and legislative changes.

The 2022 Inflation Reduction Act signifies a significant step towards drug price reform, benefiting Medicare patients with cost reduction. [ more ]

Austin Monitor

Austin

Water reuse plan coming back to Council next month - Austin Monitor

City Council to consider making on-site water reuse mandatory for large future projects

Austin Water has proposed reducing the cost of participating in the reclaimed water system [ more ]

ComputerWeekly.com

Software development

The outlook for open source? Growing, but there are challenges | Computer Weekly

95% of organizations have increased or maintained their use of open source software in the past year.

Senior executives may not be aware of how much open source software their organizations are using. [ more ]

eLearning Industry

Software development

7 Effective Ways To Reduce Costs In Custom Software Development For Education

Custom software development is expensive because every line of code is written from scratch.

Outsourcing the development task to countries like US, UK, and India can save up to 40% on costs. [ more ]

eLearning Industry

Career

How Investing In Employee Engagement Pays Off

Employee engagement leads to enhanced productivity and reduced costs

Employee engagement improves customer satisfaction [ more ]

SFCritic

SF music

Electrify Your Savings: Proven Ways to Reduce Your Electricity Costs - SFCritic

Cut electricity bills

Save more [ more ]

Harvard Business Review

4 months ago