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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.

Budget 145
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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.

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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

Migrating infrastructure and applications to the cloud is never straightforward, and managing ongoing costs can be equally complicated. 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.

Cloud 113
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Practical advice to optimize savings with cloud migrations

CIO Business Intelligence

nyike The best way to avoid hidden #cloud costs is to read every word in the contract. Drafting and Negotiating Cloud Computing Agreements’ , so they can understand the many nuances of cloud contracts. Exceeding the planned budget. 2 Do they have enterprise architecture expertise? Ensure your legal team has read ‘Cloud 3.0:

Cloud 109
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7 IT leadership hacks that deliver results

CIO Business Intelligence

Build a strong foundation In part because he was raised in a military family, Adaptavist CIO Neal Riley finds inspiration from historic leaders, such as this quote from Winston Churchill: “We design our surroundings, and then they influence us.” Bad hires happen, and sometimes, promotions don’t work out.

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Going 100% SaaS: Deploying and Operating

CTOvision

I sometimes find SAAS products being managed like traditional COTS applications and enhancements deployed infrequently. This approach does not allow the organization to take advantage of new features in a timely manner. Project Managers (PMs) ensure that significant enhancements and implementations are completed in a timely manner.