article thumbnail

6 tips for making the most of a tight IT budget

CIO Business Intelligence

IT leaders seeking to drive enterprise growth through technology investments are often saddled with budgets that make their tasks of increasing the top and bottom lines challenging. Despite an estimated increase to IT budgets of 5.1% The year 2023 seems to be no different. We obviously won’t cut investments here.

Budget 134
article thumbnail

11 ways to reduce your IT costs now

CIO Business Intelligence

“The net result is that some organizations’ technology debts are growing faster than anything else and robbing them of their budgets and ability to innovate.” The need to reorient IT’s budget toward future opportunities is one big reason CIOs are reviewing their IT portfolios now.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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 134
article thumbnail

Why Investing in IT Partnerships is the Perfect Move Amid a Looming Recession

CIO Business Intelligence

Smart companies, however, are building powerful third-party Technology partnerships to maximise budgets and simplify their IT operations, so they can continue to grow and innovate. With a recession looming and budgets being squeezed, IT leaders face a huge challenge, and they can’t do it alone.

article thumbnail

The secrets of successful cloud-first strategies

CIO Business Intelligence

The demand for high agility and time to market is creating a compelling case for critical portions of their portfolios to be transformed to a more cloud-native form-factor.”. Then if you can create agile teams that include security, infrastructure support, development, product owners, etc., And keep in mind seasonality.

Cloud 143
article thumbnail

Does your Disaster Recovery Plan Include the Cloud?

Eric D. Brown

They see the benefits of the cloud for disaster recovery and have started shifting their disaster recovery planning and budget initiatives to the cloud. Data Center Information Technology Backup cloud disaster recovery' They’ve been able to look past the myths about the cloud and cloud-based DR and see the value.

article thumbnail

The Triple “A”s in Digital IT

Future of CIO

The triple "A"s in digital IT enable lifting up IT agility and overall corporate maturity. Many IT departments operate in silos with separate teams delivering separate functional tasks: backup, monitoring, security, server administration, mail administration. Agility : Agile isn't primarily about engineering.

Agile 40