Recently, we published an article shedding light on the costs of developing an AI solution. In this blog post, we will focus on one of AI subsets, machine learning, and estimate how much it costs to train, deploy, and maintain intelligent algorithms. To keep it practical, we sat down with Kirill Stashevsky, ITRex CTO, and asked him to draw machine learning cost estimates from … [Read more...] about Machine Learning Costs: Price Factors and Real-World Estimates
costs
6 Ways to Reduce IT Costs Through Observability
Businesses need to growingly rely on complex IT systems to monitor, analyze, detect, and resolve issues proactively. Observability is an effective solution to these problems. It analyzes data generated by complex IT systems and enables IT teams to gain insights into how these systems behave and quickly identify and diagnose issues. In this post, we will look at how … [Read more...] about 6 Ways to Reduce IT Costs Through Observability
Complete Guide to Azure Cost Optimization
What Is Azure Cost Optimization? Cost optimization is a strategy that adjusts computing infrastructure to minimize cloud spending-in other words, matching the cost to the actual requirements. For example, a company may discover that the Azure VMs hosting its web applications are not fully utilized. In response, they can reduce the scale of the VMs to avoid paying for unused … [Read more...] about Complete Guide to Azure Cost Optimization
Top 5 Factors Behind Data Analytics Costs
A custom integrated data analytics solution would cost at least $150,000-200,000 to build and implement. Most companies that opt for SaaS-based data analytics products end up paying $10,000-25,000 per year in vendor and maintenance fees The cost of data analytics depends on multiple factors, including the amount and quality of your corporate data, your data analytics needs, … [Read more...] about Top 5 Factors Behind Data Analytics Costs
How Much Does the Internet of Things Cost?
If you're looking to create a smart device for the consumer segment or enhance your corporate IT infrastructure with IoT capabilities, it's only natural for you to wonder how much IoT solutions cost. In this article, you'll find a detailed overview of the key factors affecting IoT price, as well as ballpark estimates of several custom IoT systems from the ITRex portfolio. Let's … [Read more...] about How Much Does the Internet of Things Cost?
