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The skills and traits of elite CTOs

CIO Business Intelligence

They are among the most important hires organizations are making today due to the business value that successful technology deployments can bring. To perform the job optimally in today’s fast-changing and unpredictable environment, CTOs must possess the right mix of skills and inclinations. Why is this important? “Why

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Top 9 challenges IT leaders will face in 2023

CIO Business Intelligence

The good news is that, for managers, the best time to attract and retain talent is during economic downturns. Hiring and retaining the best people with the right skills is always the best strategy to improve overall performance.” “We need to improve overall performance while we adapt to the changing business environment,” Liu says.

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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. 1 barrier to moving forward in the cloud.

Strategy 140
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2023 CIO Hall of Fame inductees on building a successful IT leadership career

CIO Business Intelligence

Yet the leading tech execs who make up CIO’s 2023 CIO Hall of Fame share many of the same attributes, attitudes, and ambitions. For example, he took on the CTO role at Rodan + Fields because he “liked the appeal of being part of the product.” NTT i 3 ), a research and development center; and CIO and CTO of Magellan Health.

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IT leaders explore footing amid shifting needs and the AI power struggle

CIO Business Intelligence

While 2023 brought on many changes to IT departments around the world, by far the biggest surprise was generative AI. A range of priorities But AI wasn’t the only thing on the minds of CIOs in 2023. Most organizations, including Telenor Sweden, continued to move assets to the cloud in 2023. “We

Cloud 128
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CIOs rethink all-in cloud strategies

CIO Business Intelligence

Cloud exit’ became a big theme in 2023 and there’s good odds it’ll turn into a real trend for 2024. The savings are just too big to ignore for a ton of companies,” says David Heinemeier Hansson, the Danish developer of Ruby on Rails and co-owner and CTO of 37signals, which completed a six-month total exit from the cloud last June.

Strategy 144
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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. At the same time, they are defunding technologies that no longer contribute to business strategy or growth. It’s not a stretch to say that across the board, CIOs are continuing to invest in some form of AI.

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