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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. in 2023, the firm says.

Budget 145
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Uncommon Thinkers: MagniX CTO Riona Armesmith geeks out over electric aviation

GeekWire

The International Energy Agency says aviation accounts for a relatively small share of global energy-related carbon emissions — 2% in 2022 — but those emissions are rising more rapidly than they are in other transportation sectors, making aviation “one of the most challenging sectors to decarbonize.”

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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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Many CIOs are better equipped to combat rising IT costs. Are you?

CIO Business Intelligence

Inflation may have dropped from its high in 2022, but the price pressures on IT budgets have continued unabated. in June, 2022, to 3.7% in June, 2022, to 3.7% McKee, tech founder and digital twins thought leader at Counterpoint Technologies, acts as a part-time CTO for nine companies in the US and Europe.

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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 128
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5 ways to maximize your cloud investment

CIO Business Intelligence

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. In this way, you can take advantage of the cloud’s agile, on-demand approach with unlimited capacity without breaking the budget.

Cloud 111
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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. As the company had legacy systems, it became tough to hire resources that could manage them.