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Top 10 Audit Crazy Suppliers: 2019 Version!

Software audits have become an unfortunate but necessary revenue stream for most suppliers today.  And who can really blame them?  It usually works!  Just as governments have now come to rely on revenue from things like speeding and parking tickets, so to have software companies come to rely on software audits to move the needle on revenue or generate fear, using pressure and leverage to create opportunities for new licensing revenue. The reasons are well known, and really haven’t changed significantly in the last few years: Competition from disruptive suppliers Migration away from perpetual licensing to subscription-based cloud solutions ...

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IBM: Spend Optimization Opportunities at Year End

We are still waiting for the great IBM turnaround led by Ginny Rometty since her installment as CEO in 2012.  IBM has pinned its turnaround on Watson AI, Blockchain and now “Hybrid Cloud” with the RedHat acquisition.  IBM’s “turnaround” has resulted in 22 out of 25 quarters of declining earnings.  To be fair, it’s the last three quarters that have shown growth, not driven by its strategic imperatives but rather has been provided by (drum roll please) – mainframe. Yes, the good old mainframe, with upgrades and increased storage needs driving strong revenue in Q2 and Q3. How the mighty have fallen, or better said, continue to fall as we have ...

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Financial Services CFO Nightmare: The Mainframe That Ate My P&L

Back in March 1991, Stewart Alsop, a venture-capitalist and editor of InfoWorld said, “I predict that the last mainframe will be unplugged on March 15th, 1996”. Hindsight, as they say, is 20/20, so we know now, this could not be further from the truth. The mainframe is not only ‘not’ a dinosaur, it may be the single most important technology in the financial services industry, running almost every large Bank and Insurance Company’s back end system in the world.  Still today, seemingly only the mainframe can handle the performance requirements & reliability demands of these challenging operating environments and support the sheer volume of ...

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