Enterprise AI budgets are up 55% over 2020, Appen says
Venture Beast
JUNE 15, 2021
The 2021 Appen State of AI report found enterprises are accelerating their AI strategies as a result of the pandemic and increasing budgets. Read More.
Enterprise NLP budgets are up 10% in 2021
Venture Beast
SEPTEMBER 21, 2021
According to a new report from John Snow Labs and Gradient Flow, NLP investments among enterprises grew 10% year-over-year. Read More.
Enterprise 
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Trending Sources
Report: Enterprises expect remote work to take permanent hold
Venture Beast
FEBRUARY 1, 2022
The report also highlights the apparent permanence of the hybrid workplace, as well as notable increases in security and networking budgets. Read More.
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Enterprises predict cloud budget growth will outpace overall IT spend in 2017
Computer Weekly
MAY 3, 2017
451 Research's latest Voice of the Enterprise report suggests enterprise IT buyers are feeling very optimistic about how much money they will get to spend on cloud and hosting technologies in 2017
Enterprise 175
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4 hidden risks of your enterprise cloud strategy
CIO Business Intelligence
FEBRUARY 20, 2024
As enterprise CIOs seek to find the ideal balance between the cloud and on-prem for their IT workloads, they may find themselves dealing with surprises they did not anticipate — ones where the promise of the cloud, and cloud vendors, fall short versus the realities of enterprise IT. That’s where the contract comes into play.
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The State Of Influencer Marketing: Growing
Forrester IT
AUGUST 22, 2019
For all the dramatic headlines about influencers, our research states that they’re capturing steadily larger proportions of marketing budget. For our latest report we interviewed more than 30 enterprise marketers who are responsible for their brand’s influencer marketing.
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5 hot IT budget investments — and 2 going cold
CIO Business Intelligence
FEBRUARY 13, 2023
Fifty-two percent of organizations plan to increase or maintain their IT spending this year, according to Enterprise Strategy Group. The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. IDC is forecasting a 5.1%
Budget 145
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Security helps raise global enterprise IT spend
TM Forum
APRIL 29, 2022
which focuses on the German market, indicates even bigger increases in IT investments by German small and medium enterprises (SMEs). The index reports that 93 % of the 2,000 small and medium companies surveyed for the report intend to maintain digital investment, with 45% of these planning an average increase in spending of 24%.
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IT budget shock: Global IT services firms continue to struggle
CIO Business Intelligence
FEBRUARY 8, 2024
Recent financial reports from major global IT services firms have highlighted a concerning slowdown in the industry that could persist, signaling potential changes to hiring and spending plans. These developments, along with broader market reports, have cast a shadow over the growth prospects of the IT services sector.
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70% of legal departments don’t invest in digital transformation: Report
CIO Business Intelligence
SEPTEMBER 17, 2022
More than 70% of US legal departments across enterprises spanning various industry sectors have not made any investment towards digital transformation in the last two years, according to a joint report from The Association of Corporate Counsel (ACC) and legal-technology company Disco.
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Over 90% of companies overpay for project collaboration software: Report
CIO Business Intelligence
OCTOBER 24, 2022
As popularity of project collaboration software grows along with other software-as-a-service products, a research report from SaaS purchasing platform Vertice shows that more than 90% of enterprises are overpaying for these tools. The project collaboration software market is estimated to reach a value of $27.40
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Will marketing continue to grow their share of the technology budget?
Eric D. Brown
MARCH 15, 2016
If you are involved with marketing and/or technology in any large organization, you most likely are hearing a lot about marketing technology (MarTech) and the ‘explosion’ of MarTech people, technology, projects… and budgets. Will marketing continue to grow their technology budget? Upgrade IT security. I think so.
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DoD Releases Enterprise-Wide Zero Trust Strategy
SecureWorld News
NOVEMBER 23, 2022
Department of Defense released its DoD Zero Trust Strategy, which outlines an "enhanced cybersecurity framework built upon Zero Trust principles that must be adopted across the Department, enterprise-wide, as quickly as possible as described within this document.". The 37-page document was finalized Oct.
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7 enterprise data strategy trends
CIO Business Intelligence
NOVEMBER 22, 2022
Every enterprise needs a data strategy that clearly defines the technologies, processes, people, and rules needed to safely and securely manage its information assets and practices. He reports that Black & Veatch is working with clients to develop data product roadmaps and establish relevant KPIs.
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IT pros say tech budgets to stay strong, but mainly for big companies
CIO Business Intelligence
SEPTEMBER 28, 2022
While a new forecast released Monday by Spiceworks/Ziff Davis said that overall IT spending will be largely unhampered by recessionary trends in the economic outlook, much of that spending will be driven by large enterprises, leaving the picture much murkier for small and medium-size businesses. Budget, Technology Industry no plansâ??
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Illuminating the black box: why CIOs should consider publishing an annual IT report
CIO Business Intelligence
NOVEMBER 15, 2023
One vehicle might be an annual report, one similar to those that have been published for years by public companies—10ks and 10qs and all those other filings by which stakeholders judge a company’s performance, posture, and potential. Such a report has a legacy already, if only a short one. Good question. Let’s start with Performance.
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The central role of a multi-cloud approach when future-proofing today’s dynamic enterprises
CIO Business Intelligence
JULY 27, 2023
As we closed out 2022 and began 2023, VMware’s Research and Insights organization interviewed more than 450 technology executives to get their candid views on the topics that present enterprises with the greatest opportunities and challenges. And it underscores the complexity involved in subsequent efforts to future-proof enterprises.
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Could Budget Sweeps Fix Your Cybersecurity Problem?
Cloud Musings
JULY 18, 2018
Agencies that only focus their time, energy and budget on meeting various mandates are having trouble keeping up with evolving cyber threats. A gencies must, therefore, approach data security at the enterprise level. Data security is a matter of law. It’s also not cost-effective or even desirable for them to try.
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Madrona leads $4.9M round for Stratify, a new fintech startup that aims to automate budgeting
GeekWire
AUGUST 25, 2020
GeekWire previously reported on the company this past May. The startup aims to automate the budgeting and forecasting process, replacing legacy software used by various types of companies. Stratify came out of stealth mode and announced a $4.9 million seed investment round led by Madrona Venture Group. billion in 2014.
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Managed services projections increase through 2023
CIO Business Intelligence
SEPTEMBER 11, 2023
In this report, the news about technology investments was surprisingly upbeat. Despite national news about increased costs, economic uncertainty, and more reports of technology firm layoffs, respondents indicated that they were planning to spend more IT budget in 2023, not less. To learn more, visit us here. IT Leadership
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IT will spend more than one-third of its budget on cloud in 2017, says new report
Tech Republic Data Center
NOVEMBER 16, 2016
Enterprise IT budgets for hosting and cloud services will rise 6% in 2017, demonstrating an increasing reliance on third party vendors for infrastructure, according to a survey from 451 Research.
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NetSuite adds generative AI to its entire ERP suite
CIO Business Intelligence
OCTOBER 17, 2023
NetSuite, an Oracle subsidiary, is a SaaS -based ERP provider offering a suite of applications that work together, reside on a common database, and are designed to automate core enterprise business processes. The company has added a new set of capabilities under the umbrella of NetSuite Enterprise Performance Management (EPM).
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Three predictions for AI and automation business adoption
CIO Business Intelligence
MARCH 5, 2024
AI’s honeymoon with the enterprise is coming to an end. That’s one of the main themes from IDC’s recent predictions report, “IDC FutureScape: Worldwide Artificial Intelligence and Automation 2024 Top 10 Predictions”. So CIOs thinking about hardware budgets should factor in high-end servers that can accommodate GenAI workloads.”
DIY cloud cost management: The strategic case for building your own tools
CIO Business Intelligence
APRIL 25, 2024
The dynamic nature of the cloud — and the need for continually optimize operations — often drives requirements unique to a CIO’s enterprise, meaning that even some popular third-party cloud cost optimization tools may no longer fit an enterprise’s specific requirements.
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Kyndryl bets on partnerships, consulting arm to redeem itself
CIO Business Intelligence
FEBRUARY 23, 2024
These alliances also help Kyndryl build more capabilities for its open integration platform — Kyndryl Bridge — which was developed to connect to an enterprise’s present IT infrastructure and asses it to help CIOs solve issues in the entire IT system. For new customers, Kyndryl Consult may go through the transformation advisory group.
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The ‘IT Business Office’: Doing IT’s admin work right
CIO Business Intelligence
SEPTEMBER 5, 2023
Which is why many wise CIOs create an IT Business Office and make it responsible for alleviating the administrative burden for the IT organization, taking on responsibilities like the following: IT’s performance metrics and reporting systems: Doing metrics right isn’t easy. Just formulating them well takes a lot of effort.
Budget 115
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EU moves toward regulating data center energy and water use
CIO Business Intelligence
MAY 15, 2024
The European Union will take a big step toward regulating energy and water use by data centers in September, when organizations operating data centers in EU nations will be required to file reports detailing water and energy consumption, as well as steps they are taking to reduce it. between 2020 and 2030.
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2015 Cyberthreat Defense Report Reveals Cyberattacks Rising and Confidence Sinking
CTOvision
MARCH 12, 2015
The more fact-based reports based on forensics are much more important (this brings to mind what John Oliver said about opinions vs facts ). Survey results indicate that 62 percent of respondents expect their security budgets to increase this year, up from 48 percent last year. Enterprise mobility management holds firm.
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Delphix: Virtualize applications and databases to save billions of dollars and hundreds of work hours
CTOvision
MARCH 13, 2014
Applications are core to the enterprise; they drive nearly every aspect of the business. The typical F1000 CIO completed 46 application projects in 2013, and on average, 28 of these 46 projects were over budget and behind schedule. That CIO also spends an average of 40% of her annual budget on applications. Not a member yet?
CIOs sharpen cloud cost strategies — just as gen AI spikes loom
CIO Business Intelligence
NOVEMBER 2, 2023
To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023.
Strategy 125
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3 key digital transformation priorities for 2024
CIO Business Intelligence
DECEMBER 19, 2023
The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Moreover, the CEOs and boards that CIOs report to don’t want to be left behind by generative AI, and many employees want to experiment with the latest generative AI capabilities in their workflows.
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Report: Spam and cloud attacks rising, 4 steps to protect your business
Tech Republic Security
JANUARY 31, 2017
Budget concerns and a lack of talent are barriers to advancing enterprise security, according to Cisco's 2017 Annual Cybersecurity Report. Here's how you can protect your business.
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Top 10 business needs driving IT spending today
CIO Business Intelligence
MAY 4, 2022
Ceridian SVP and CIO Carrie Rasmussen got a 7% bump in her IT budget for 2022, with her company’s growth, its ongoing digitalization drive, and security mindfulness driving the boost. This comes after years of transformational initiatives being cited as the top reason driving budget increases. Top 10 business needs driving IT spend.
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The CIO’s 2024 AI playbook
CIO Business Intelligence
JANUARY 25, 2024
The AI hype cycle has peaked: Tens of thousands of companies helped get it there with generative AI in 2023, with two-thirds now reporting they have deployed GAI tools to their workforce. Especially in IT organizations—where budgets came under more scrutiny in 2023—CIOs need to show they’re not using AI for AI’s sake.
NASA overspent $15 million on unused Oracle licenses as it failed to track usage
CIO Business Intelligence
JANUARY 13, 2023
All Posts The US National Aeronautics and Space Administration (NASA) has overspent about $15 million on Oracle software over the past five years because it lacked a centralized software asset management practice, according to an audit report published by the space agency’s office of the inspector general (OIG).
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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds
CIO Business Intelligence
APRIL 25, 2024
According to a separate study on the AI readiness of Indian enterprises conducted by EY and Indian IT industry body Nasscom, enterprises are also holding back the deployment of AI due to concerns about data security, privacy, brand reputation, and the safety and security of people and equipment. Artificial Intelligence
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CIOs not entirely sold on generative AI copilots
CIO Business Intelligence
APRIL 18, 2024
A new breed of AI assistant has set its sights on the enterprise user in recent months, with Microsoft and other vendors promising huge productivity gains that offset the cost. The enterprise version of Gemini, Google’s AI assistant, is similarly priced. But Microsoft still has work to do on its value proposition.
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APAC companies are failing to build successful digital models: Forrester
CIO Business Intelligence
JUNE 24, 2022
Approximately 61% of APAC organizations have failed to build robust and successful digital business business models, primarily due to unsound practices of enterprise architecture (EA) teams, according to a report from Forrester. Enterprise architecture is key to success. “To
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5 tips for securing your remote workspace
CIO Business Intelligence
MARCH 6, 2024
In fact, support for hybrid and remote workers was named as a key reason for increasing IT budgets this year according to Foundry’s 2023 State of the CIO research. However, a report from HP has found that since working from home more, users have increasingly been cutting IT out of the loop. Don’t click on suspect links.
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Cyber Security and Corporate Governance: The five principles every corporate director should embody
CTOvision
NOVEMBER 24, 2014
This post is sponsored by the Enterprise CIO Forum and HP’s Make It Matter. Among their many activities they publish periodicals and research reports designed to advance the professionalism of their practice. Require internal audit to provide annual “health check” report on cybersecurity programs. By Bob Gourley.
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Security budgets continue to grow, but is it enough?
Network World
NOVEMBER 28, 2016
Cybersecurity is an increasing concern in the enterprise as the number of high-profile breaches reported only grow each year. In 2015, there were a reported 781 data breaches in the U.S., making it the second highest year for security threats, according to data from the ISACA. trillion in 2016.
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