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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). This applies to his IT group as well, specifically, in using AI to automate the review of customer contracts, Nardecchia says.

Budget 145
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New CIO appointments in India, 2022

CIO Business Intelligence

March 2022. February 2022. Amit Goel joins Blox as CTO. Web Werks India hires Kamal Goel as director of IT. Publicis Groupe India names Roopesh Pujari as CTO. Roopesh Pujari has been promoted to CTO at marketing and advertising firm Publicis Groupe India. January 2022. Kamal Goel Web Werks.

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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

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 140
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5 ways to maximize your cloud investment

CIO Business Intelligence

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. No IT organization wants to get caught short on processing or storage resources that could negatively affect operations, or have to suddenly add resources that exceed the budget.

Cloud 122
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NCMS CIO exploits ‘Great Resignation’ to slash costs, streamline IT operations

CIO Business Intelligence

An individual organization with a turnover rate of 20% before the pandemic could face a turnover rate as high as 24% in 2022 and the years to come,” says Piers Hudson, senior director in the Gartner HR practice. The applications had been transformed into SaaS and PaaS environment. Nobody wanted to deal with legacy solutions.

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Getting infrastructure right for generative AI

CIO Business Intelligence

of the overall AI server market in 2022 to 36% in 2027. of AI storage in 2022 to 30.5% billion in 2022 to $57 billion in 2027. The resulting application, which was recently patented, generates highly accurate interpretations of the pictures, feeding them to a human-in-the-loop (HITL) for final judgement.

Storage 139
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Practical advice to optimize savings with cloud migrations

CIO Business Intelligence

A 2022 survey of 850 IT leaders by Foundry found more than two-thirds were accelerating their cloud migration and nearly three-quarters (72%) were defaulting to cloud-based services for upgrades or new IT purchases. nyike The best way to avoid hidden #cloud costs is to read every word in the contract. Exceeding the planned budget.

Cloud 109