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How Can CIOs Avoid Wasting Their Budget?

The Accidental Successful CIO

It is the role of the person with the CIO job to make sure that their company has access to the technology that everyone needs in order to do their job most efficiently. What steps can a CIO take in order to avoid spending their budget buying technology that will just end up going to waste? Where Is The Money Going?

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14 in-demand cloud roles companies are hiring for

CIO Business Intelligence

To tackle that, businesses are turning their budgets toward the cloud, with two out of every three IT decision-makers planning to increase cloud budgets in 2024, and nearly a third (31%) reporting that 31% of their IT budget is earmarked for cloud computing, according to the 2023 Cloud Computing Study from CIO.com parent company Foundry.

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10 Stages of the software development lifecycle for startups

Dataconomy

Creating apps for startups is primarily the carefully thought-out tasks that make up the software development process. In addition, software architecture consulting services are often preferred to work with startups. This is because young companies tend to have a more flexible and innovative approach. Image credit ) 4.

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Delphix: Virtualize applications and databases to save billions of dollars and hundreds of work hours

CTOvision

Applications are core to the enterprise; they drive nearly every aspect of the business. The typical F1000 CIO completed 46 application projects in 2013, and on average, 28 of these 46 projects were over budget and behind schedule. That CIO also spends an average of 40% of her annual budget on applications.

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Over 90% of companies overpay for project collaboration software: Report

CIO Business Intelligence

As popularity of project collaboration software grows along with other software-as-a-service products, a research report from SaaS purchasing platform Vertice shows that more than 90% of enterprises are overpaying for these tools. The project collaboration software market is estimated to reach a value of $27.40

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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.

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Building your own web application platform is locking you in

CIO Business Intelligence

CIOs have shifted toward building their own web application platforms with a set of best-in-class tools for more flexibility, customizations, and agile DevOps. This can be costly for organizations: A recent study found that 25 to 40% percent of IT projects exceed their budget or schedules by more than 50%. Here’s why.