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NetSuite in The Modern Enterprise

Introduction Increasingly, we are seeing NetSuite encroach into the enterprise space. What was once thought of as a web-based mini-ERP for SMBs is now a serious platform contender for major organizations.  NetSuite Customers Companies such as Accenture, Audi, Bearing Point, The Boston Globe, Ceridian, Cornerstone, Kronos, Nestlé, Siemens, SoftwareAG, Solar Winds, T-Mobile, Tableau, and Wells Fargo all use NetSuite. NetSuite claims to be the #1 Cloud-based ERP, offering a unified suite of web-based applications that encompasses HR, ERP, CRM, SCM, PSA, eCommerce, Marketing Automation, and Financials, among other areas. As a cloud-native ...

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Act Now: Snowflake Fiscal Year End is January

The Rise of the Consumption-Based Pricing Model One thing is clear in 2022: The technology industry is moving away from per user per month subscription models and moving towards consumption-based pricing models, and it’s no wonder why. With the ability to capture value from all customer consumption, the revenue-capture and resulting earnings of firms like Snowflake have significantly outpaced even the most successful subscription-based companies, and this is pushing enterprise valuations into a completely new stratosphere, providing ample incentive for technology suppliers to migrate towards consumption-based pricing models. Executives like ...

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12 for '21 Cloud Optimization Series: Number 11 - Storage Management

Cloud spend is anticipated to continue its massive growth trajectory for the foreseeable future.  However, the spend does not have to match that same growth curve!  To help our Clients maintain sound Cloud Optimization programs, we've assembled a series of articles and tips called: 12 for '21 Cloud Optimization Series (note: request a download of all 21 here). Today we review the fourth installment in the series: Set Up Hierarchical Storage Management. Data sets have specific lifecycles. Early on, your workload might often access the data. But overtime, data access, in particular the aging one, drops drastically. Some data remains idle in ...

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5 Q4 Sales Strategies Technology Suppliers Use Against You - Updated!

‘The Most Wonderful Time of the Year’ is a popular holiday song and was written by Edward Pola and George Wyle in 1963.  It was popularized in North America by singer Andy Williams that same year on his television show by the same name.  However, we didn’t have to do much research to learn that the inspiration for that song had nothing to do with the 4th quarter for most business leaders and their respective companies.  Anecdotally, we believe most business leaders might say it’s the most *stressful* time of the year, especially for publicly traded companies – most of whom have their fiscal year end aligned with the calendar year end of ...

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12 for ‘21 Cloud Optimization Series - Number Ten: Reserve Your Instance

Cloud spend is anticipated to continue its massive growth trajectory for the foreseeable future.  However, the spend does not have to match that same growth curve!  To help our Clients maintain sound Cloud Optimization programs, we've assembled a series of articles and tips called: 12 for '21 Cloud Optimization Series (note: request a download of all 21 here). Today we review the fourth installment in the series: Reserve Your Instance In exchange for an upfront commitment of 1 or 3 years, AWS (“ Reserved instances”), Microsoft Azure (‘Reserved Savings’)  and GCP (‘Commitment Price’] offer significant cost savings (anywhere from ~29% up to ...

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12 for ‘21 Cloud Optimization Series - Number 9: Storage Classes

Cloud spend is anticipated to continue its massive growth trajectory for the foreseeable future.  However, the spend does not have to match that same growth curve!  To help our Clients maintain sound Cloud Optimization programs, we've assembled a series of articles and tips called: 12 for '21 Cloud Optimization Series (note: request a download of all 12 here). AWS, Azure and GCP offer data storage services that include a range of options in term of cost and performance. You can choose from several different storage classes (and pricing) depending on how frequently the data will be accessed, how long you need to store the data, and the ...

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Cloud Migration Lock-In: Risk to be Avoided

Supplier lock-in has been a major issue with savvy decision makers for many years, and with good reason. Allowing your company to be overly subjugated to a specific supplier (often with little control of the situation) often turns into a monopolistic relationship. The script gets flipped and rather than exercising your buyer power, you become the passive party, beholden to any changes in terms and conditions having little power to stop it. Unfortunately, with the exodus from data centers to the cloud, companies are now finding themselves being locked-in to AWS, Azure or Google with their increased need for cloud flexibility and scalability ...

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12 for '21 Cloud Optimization Series - Number Eight: Elastic IPs

Cloud spend is anticipated to continue its massive growth trajectory for the foreseeable future.  However, the spend does not have to match that same growth curve!  To help our Clients maintain sound Cloud Optimization programs, we've assembled a series of articles and tips called: 12 for '21 Cloud Optimization Series (note: request a download of all 12 here). Our eighth chapter in the series: Elastic IPs Elastic IPs (‘EIPs’) An Elastic IP is static and  is assigned to a given instance regardless of the instance's state. The “elasticity” of the IP address enables you  to stop EC2 instances and transfer the IP address to another EC2 ...

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Oracle's Latest Program to Reduce (?) Support Costs

Oracle Rewards! Oracle recently launched a new program selling ocean-front property in Arkansas. Bonus! North of the Arctic Circle in Alaska, they also have land available for purchase. Rewards and Credits!  The deal is that for every acre you buy in Alaska, you get a credit toward your Arkansas property! Sounds like a good deal, right? Except however, when you fully understand that Arkansas is not on the ocean, and you have zero need for land in Alaska (no offense meant to Alaskans). Yes, they are not really selling land, but in classic Oracle fashion, they have put together a ‘rewards’ program that purports to lower your support costs but ...

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Hidden Costs in Your Technology Agreements: Beware the 'I' Word

Inflation impacts the cost of nearly all your supplier agreements. Look closely at your IT agreements (especially your Cloud agreements). Even though the cost of technology goes down over time, and technology advancements make processes less manual, less error prone, less expensive, and more automated, many of your agreements still have antiquated clauses allowing your suppliers to *increase* your costs on an annual basis by an amount equal to the Consumer Price Index (CPI) amount, and generally include an accelerator above that amount; something like CPI + 3%, which would provide a contractual right of your supplier to increase your costs ...

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