Get a grip on the cost of compute
Move lightning-fast at a lower cost with gen AI and hybrid cloud
Generative AI is shifting computing costs into high gear, and it's no longer solely an IT concern. The cost of compute is now a top priority for CEOs, as it can quickly lead to unexpected expenses that jeopardize innovation and business transformation.
Understanding what drives the computing costs of gen AI can make all the difference in making informed investment decisions and setting strategic priorities.
A new report from the IBM Institute for Business Value provides CEOs and business leaders with a comprehensive roadmap for managing the cost of compute and using generative AI to drive business transformation and innovation.
Catalyze the costs
To effectively manage the cost of compute, CEOs need to pinpoint the factors driving up gen AI expenses and stay ahead of the curve as projects scale.
This includes identifying cost catalysts, such as data labeling, model customization, and training, then developing strategies to mitigate these expenses. It's also essential to recalibrate computing resources by conducting a full lifecycle cost assessment to preempt and anticipate compute needs.
Additionally, FinOps and cloud optimization can help reduce costs and improve efficiency. For example, deploying Kubernetes can help manage workloads and services in containers, reducing the need for manual intervention and minimizing downtime.
Hybrid by design makes scaling gen AI affordable
Not every application of generative AI is created equal. Each use case has its own unique compute, data, and privacy requirements.
That's why hybrid cloud, which allows organizations to use the most cost-effective infrastructure for every workload, is quickly becoming the go-to architecture for helping organizations achieve their gen AI goals at scale – without breaking the bank.
To make the most of hybrid cloud, CEOs should extend hybrid cloud architectural principles across their technology estate to ensure consistency and scalability, design for modularity and flexibility to accommodate changing compute requirements, and measure success with clarity by establishing clear cost objectives and performance metrics.
Don't let the cost of compute derail your gen AI plans
Understanding the factors driving up expenses and taking control of your company's compute costs can empower you to unlock the full potential of your organization.
Read the full report to learn more about the CEO's guide to cost of compute and discover how to use hybrid cloud, gen AI, and optimization to achieve your business goals.
Also, subscribe now to receive complimentary reports from the IBM Institute for Business Value that will help you drive business growth, innovation, and success.
