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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%). Cold: On-prem infrastructure As they did in 2022, many IT leaders are reducing investments in data centers and on-prem technologies. “We

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IT services company Atos plans IBM-style split

CIO Business Intelligence

Customers will have only just got used to the last shake-up, in February, which saw Atos reorganize its activities into three business lines. This business line accounted for just over half of all revenue at Atos in 2021. Bihmane has already set out his strategy to restore TFCo’s growth, profitability, and cashflow by 2026.

IBM 98
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IT services company Atos finalizes plan for IBM-style split

CIO Business Intelligence

Declining market share Philippe Oliva, Atos co-CEO in charge of Eviden, outlined how the company plans use that capital, growing revenue by 7% annually through 2026. Atos had planned to divide into two publicly listed companies, but on August 1 announced it is taking a different route.

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