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“Federal Workforce” tops the list for President’s 2025 Budget

Forrester IT

The Office of Management and Budget (OMB) recently released FY 2025 President’s Budget. The OMB not only develops and executes budget for the Executive Branch, but also manages and oversees federal agency performance, procurement, and IT, among other responsibilities.

Budget 242
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IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

These developments, along with broader market reports, have cast a shadow over the growth prospects of the IT services sector. This includes a significant reevaluation of large ticket items, influenced by developments in 2023 around generative AI, according to Sanchit Vir Gogia, chief analyst and CEO at Greyhound Research.

Budget 98
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Microsoft invests €3.2 billion in AI and the cloud in Germany

CIO Business Intelligence

billion in Germany by the end of 2025 to double the artificial intelligence and cloud capacities of its data centers there. Smith also sees Germany in second place in Europe for the development of AI-based applications, an assessment he bases on code contributions on GitHub, Microsoft’s source code repository. Microsoft will invest €3.2

Microsoft 131
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Perspectives on how cloud computing & app development trends will take shape in 2023

CIO Business Intelligence

Tanzu Vanguards, which includes leaders, engineers, and developers from DATEV, Dell, GAIG, and TeraSky, provided their perspectives on analyst predictions and industry data that point to larger trends impacting cloud computing, application development, and technology decisions.

Trends 145
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Global Cybersecurity Skills Gap Still Widening Despite Growing Workforce

SecureWorld News

The costs of cybercrime continue to rise, with estimates of more than $6 trillion in damages globally per year by 2025. Forty-seven percent of cybersecurity professionals in the ISC2 study reported enduring hiring freezes, budget cuts, or layoffs this past year. This restricts training and increases workloads for the remaining staff.

Study 105
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Top 10 business needs driving IT spending today

CIO Business Intelligence

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.

Budget 135
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Prioritizing AI? Don’t shortchange IT fundamentals

CIO Business Intelligence

It’s easy to view these as competing priorities vying for CIO attention and budget that are unfairly dwarfed by boardroom interest in the new and shiny opportunities promised by gen AI. But in other areas, IT teams will look to increase budgets and spending. But by 2027, the analyst firm expects that to rise to at least 40%.

Hardware 143