The ITAM Roundup: 6/30/24

roundup Jun 30, 2024
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News

Flexera’s 2024 State of ITAM Report reveals that IT asset management (ITAM) is increasingly strategic, with nearly half of ITAM teams now reporting directly to the CIO or CTO. The report identifies significant trends and challenges, such as the growing importance of ITAM in cloud cost planning, the persistent issue of wasted IT spend, and the increasing complexity and expense of software audits. Sustainability and cost savings remain top priorities, with organizations focusing on optimizing software use and extending the lifecycle of aging hardware.

Get the full report below:

ITAM trends and insights: 2024 State of ITAM Report
Flexera’s 2024 State of ITAM Report highlights the latest IT asset management (ITAM) trends and statistics. Find out more about the latest insights.

Optimize Your Cloud Strategy: 6 Key Takeaways From FinOps X 2024

At FinOps X 2024, key takeaways included the launch of FOCUS 1.0, standardizing cloud billing data across major providers to enhance transparency and cost management. AI and ML were highlighted for their potential to improve FinOps practices by accelerating the resolution of cloud cost anomalies. Despite growing adoption and collaboration among major companies, challenges remain, such as the need to bridge the gap between FinOps and DevOps and foster a more integrated approach with other domains like sustainability and MLOps.

Optimize Your Cloud Strategy: 6 Key Takeaways From FinOps X 2024
These key insights from FinOps X 2024 will help guide your FinOps decisions, says Kyle Campos, chief technology & product officer at CloudBolt Software.

Microsoft Intune Adds New RAC Feature for Seamless Device Troubleshooting

Microsoft Intune will introduce the Remove apps and configuration (RAC) feature in July, allowing IT admins to quickly troubleshoot by temporarily removing and restoring apps and policies on managed devices. Additionally, Intune will support Windows enrollment attestation to enhance security by verifying enrollment credentials through the Trusted Platform Module (TPM) 2.0 chip. Furthermore, Intune will offer new granular endpoint security access controls, enabling more precise custom roles for application control, attack surface reduction, and endpoint detection and response.

Microsoft Intune Adds New RAC Feature for Seamless Device Troubleshooting
Microsoft Intune is set to introduce a new Remove apps and configuration (RAC) feature next month. The new troubleshooting tool allows IT admins to quickly

AWS joins Microsoft, Google Cloud in open-source push for finance tech

The Fintech Open Source Foundation (FINOS) welcomed seven new members, including AWS, DTCC, and Intel, joining existing members like Microsoft, Google Cloud, and several major financial institutions. This expansion strengthens FINOS's efforts to enhance financial services technology through open-source initiatives, promoting cost reduction, security, and vendor lock-in limitation. Additionally, FINOS has integrated sustainability-focused projects from the Linux Foundation's open-source climate community, aiming to standardize ESG reporting in banking and finance.

AWS joins Microsoft, Google Cloud in open-source push for finance tech
The Fintech Open Source Foundation also added chipmaker Intel, infrastructure provider DTCC and four other companies to its alliance of banks and tech providers.

Microsoft charged with EU antitrust violations for bundling Teams

The European Commission has charged Microsoft with antitrust violations for bundling its Teams chat app with Office 365 and Microsoft 365 subscriptions, alleging this practice gives Teams an unfair advantage over competitors. Despite unbundling Teams in Europe and globally, Microsoft still faces concerns and must now address the EU's objections. If found guilty, Microsoft could face significant fines and be required to make further changes to its software products to ensure fair competition.

Microsoft charged with EU antitrust violations for bundling Teams
Microsoft could face a hefty fine or remedies.
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Tips

What’s up with Broadcom’s VMware price, license changes?

Broadcom's recent update to VMware’s Cloud Platform included a shift to a core-based subscription pricing model, reducing the price per core from $700 to $350 annually. While this move aims to align with industry standards, long-time VMware customers with perpetual licenses are facing significant price increases, as they now must transition to the new subscription model. Despite these changes, Broadcom is willing to negotiate pricing with larger customers to address concerns, although it remains firm on maintaining its new bundled product offerings.

What’s up with Broadcom’s VMware price, license changes?
Broadcom’s recent “major” update to VMware’s VCP provided the new parent with an opportunity to shower love all over its new acquisition.

Application SLAs in the Cloud: A Big Swindle?

Cloud service-level agreements (SLAs) promising 99% or higher uptime can be misleading, as they often contain fine print and limitations that reduce their real-world applicability. Designing solutions to meet these SLAs requires careful consideration of component dependencies and redundancy, but challenges like mismatched measurement periods and unfavorable cloud provider terms complicate this task. Therefore, businesses must be realistic about cloud SLAs and recognize that high promises might not always translate to actual reliability, advising against drastic responses to SLA shortcomings.

Application SLAs in the Cloud: A Big Swindle?
Availability SLAs promising uptime of 99% or more might seem attractive, but they can be misleading. Learn how to navigate the pitfalls of cloud service agreements.

AI vs. ESG – A Pressing Business Conundrum

Balancing AI adoption with sustainability is a major challenge for businesses, as data centers required for AI consume significant energy, which raises financial and environmental concerns. Strategically locating data centers in regions like the Nordics can help mitigate these issues due to their cool climate, abundant renewable energy sources, and advanced cooling technologies. This approach allows businesses to meet their digital needs while adhering to ESG targets, ultimately reducing their carbon footprint and controlling costs.

AI vs. ESG – A Pressing Business Conundrum
Balancing AI adoption with sustainability is a pressing challenge for businesses. Eva Sóley Guðbjörnsdóttir explains how strategic data center location can help.
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Bugs & Exploits

Microsoft informs customers that Russian hackers spied on emails

Microsoft disclosed that Russian hackers, who previously breached its systems and accessed staff inboxes, also stole emails from its customers. The incident highlights the extensive nature of the breach amid growing concerns over Microsoft's cybersecurity defenses. The company is notifying affected customers and enhancing security measures in response to ongoing threats.

https://www.reuters.com/technology/cybersecurity/microsoft-tells-clients-russian-hackers-viewed-emails-bloomberg-news-reports-2024-06-27/

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