Mayank Bhargava | Source | Vice President - Consulting Services at CGI
Mayank Bhargava
Mayank is the Vice President of Consulting Services at CGI. He is a digital transformation leader (Business Unit CIO) with a focus on delivering business value through innovation and automation, with emphasis in cloud transformation implementation/strategy, cyber security, infrastructure technology, data governance and analytics, business development, portfolio management, and professional services delivery in world-class consulting environments. Mayank has over 19 years of experience assisting clients achieve their business goals through the application of modern information technology solutions.
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CGI (https://www.cgi.com/)
Vice President - Consulting Services
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Rising cloud costs leave CIOs seeking ways to cope
Several factors, including price increases, a rush to adopt AI, inflation, and ongoing digital modernization efforts, are driving IT leaders to revisit cloud costs.
Article
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Rising Cloud Costs: Strategies for CIOs to Mitigate Expenses
Mayank confirms that cloud costs are rising, driven by increased cloud adoption and advanced services. He advises implementing robust cloud governance, right-sizing resources, and leveraging automation. CGI's cloud management service offers real-time insights and predictive analytics to optimize costs. Mayank predicts that while cloud costs will rise, sophisticated cost management tools will enhance cost-effectiveness and value.
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In addition, many companies are moving larger and more complex workloads to the cloud. As organizations continue their digital transformation journeys, they are migrating more critical workloads and data to the cloud, which naturally leads to higher costs.
