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Seattle approves new city budget that plugs shortfalls with surplus revenue from business tax

GeekWire

Now the city is using the surplus to help close major gaps in its budget. ” Seattle already faced operating deficits of $141 million for 2023 and $152 million for 2024 before the budget planning process began this fall. . (GeekWire Photo / Kurt Schlosser). million in its first year — $48.1 million more than projected.

Budget 74
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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO Business Intelligence

One of the main difficulties is calculating ROI to convince CFOs to approve budgets, and this challenge is also present when considering AI adoption, according to Abhishek Gupta, CIO of Dish TV. Quantifying tangible benefits such as cost savings, productivity improvements, and top-line growth is relatively straightforward.

Survey 130
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Seattle lawmakers axe funds for gunshot detection tech that was part of mayor’s public safety push

GeekWire

billion city budget for 2023 will not include funds sought by Mayor Bruce Harrell for gunshot detection technology. The Atlanta Police Department announced last week that it was passing on the technology after a six-month trial because it doesn’t haven’t room in its budget for the system. ShotSpotter Photo). During an Oct.

Budget 107
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Seattle office market continues to struggle as vacancy rates rise for ninth consecutive quarter

GeekWire

A “Team Suite” for focused meetings is one of many new workplace layouts Amazon is testing at its new “Sonic” tower in Bellevue. It also marked the ninth straight quarter of negative net office absorption, which is calculated by the total amount of space leased minus the total space vacated in a given quarter.

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11 ways to reduce your IT costs now

CIO Business Intelligence

IT leaders have always needed to exercise fiscal responsibility while meeting business demands for technology. The net result is that some organizations’ technology debts are growing faster than anything else and robbing them of their budgets and ability to innovate.” But it’s not the only one.

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Accelerate Sustainable Digital Transformation in the Oil & Gas Industry

CIO Business Intelligence

In response, oil and gas majors are making headway in terms of carbon reporting, net-zero targets, and accountability. Many companies have budget or purchasing policy constraints or do not need the latest top-performing equipment. Many have even spun up renewable energy arms. Innovation underpins corporate sustainability efforts.

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Australian businesses need new servers to drive sustainability and innovation

CIO Business Intelligence

Australian businesses need to transition to sustainable IT solutions to support these emerging technologies while staying in line with Australia’s new commitment to an emissions reduction target of 43 per cent and net zero emissions by 2050. It’s not just the public sector pushing companies to change.

Dell 98