To make asound business case for cloud economics (PDF), organizations should consider the following questions: What are our existing data center costs?To get started, organizations must evaluate their existing data center hardware, software, maintenance, and operational spend. Technical resources, licen...
Economics has long been known as an unpleasant science. But is any economist so dull as to criticize Christmas? At first glance the holiday season in western economies seems a treat for those who are concerned with such things as GDP growth. After all everyone is spending; in America sellers...
You are not "cool." WILLIAM I know. Even when I thought I was, I knew I wasn't. LESTER BANGS That's because we are uncool! And while women will always be a problem for guys like us, most of the great art in the world is about that very problem. Good-looking people have no ...
The term comes from the Latin phrase “for this”. In business, something “ad hoc” means that was created at last minute to solve a particular situation that affects the operation. Ad hoc meetings, committees and organizational schemes are unplanned situations to deal with sudden, unusual prob...
Artificial intelligence.AI-driven inventory management systems can analyze reams of data in real time to help determine optimal stock levels, help ensure inventory numbers are accurate, and efficiently allocate resources based on current orders and demand forecasts. They can also make recommendations to...
A reduced need for businesses to invest in and maintain their own on-premises IT resources. Scalability to quickly meet workload and user demands. Fewer wasted resources, as businesses only pay for what they use. This comprehensive guide examines all aspects of public cloud, including benefits, ...
Rapid learning cycles acceleratebusiness pattern transformationwhile minimizing wasted resources. Failed experiments become valuable data points rather than catastrophic failures. When initial models fail, pivot strategies help redirect efforts. The key is distinguishing between execution problems and flawed busin...
“If we are to start reducing the debt, the first step is to stop digging. “Right now, the government runs a roughly $2 trillion annual deficit. To balance the budget, we would need $2 trillion in spending cuts and/or revenue increases, not just once but every s...
a. Domestic resources are wasted producing sugar, and some domestic buyers are willing to pay for sugar but can't buy it. b. Domestic resources are wasted producing sugar, and too much sugar is consumed. c. Some low-cost domestic producers of sugar do not produce sugar, and some domestic...
You might find that the numbers change slightly, but there are many examples of this ratio coming up in a variety of fields, including marketing, science, and economics. This principle can also work for product design: you need to find 20 percent of the features that bring 80 percent of ...