As customers are leveraging the flexibility and scalability of cloud technology and increasing their footprint on public cloud, overall spend in 2023 is set to increase by 21 percent to $592 billion. Simultaneously, executives worldwide are reporting and estimating wastage in their cloud spending. A Gartner survey* estimates an average of 35 percent wastage ranging from 15 percent (highly optimized environment) to 55 percent (no optimization in place).
Determining an organization's cloud cost optimization strategy requires gathering and analyzing the right data, bringing the appropriate experts to the table, and considering the overarching technology enablement of business strategy and operations.
A&M is well positioned to lead and drive these initiatives to drive cost out of their existing OPEX and help organizations operate with higher efficiency. Learn more today.
Conor Johnston Discusses the False Promise of Growth Through Acquisition in CFO Dive
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Mergers and acquisitions (M&A) may look like a fast path to growth but deals often fall short of what leadership teams expect. Managing Director Conor Johnston explains why sustainable shareholder returns start with strengthening core competencies, not buying them.
Navigating the US Policy Landscape on De-Risking and Debanking: Practical Guidance for Banks and the Broader Financial Sector
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The US government’s evolving stance on de-risking and debanking represents a meaningful shift in regulatory priorities. In this article, Managing Director Carrie Valente explores key policy developments, regulatory expectations, and practical considerations for financial institutions and others in the broader sector.
Alvarez & Marsal's Global Transaction Advisory Group's Canadian Practice Bolsters Industry Expertise to Drive Energy & Infrastructure Growth
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Alvarez & Marsal (“A&M”), a leading global professional services firm, today announced that Geoff Hayes has joined its Global Transaction Advisory Group (Global TAG) as a Managing Director.
The power of travel 2050 | a study by Google and A&M
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A new golden era of travel is taking shape: bigger, faster, and more complex than ever. Dive into our data-driven forecast from Alvarez & Marsal and Google to discover where the world is traveling next and what it means for those leading the industry.