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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO Business Intelligence

However, barriers such as adoption speed and security concerns hinder rapid AI integration, according to a new survey. Of the 750 CIOs around the world surveyed by Lenovo, 81% said they are already leveraging third-party AI Tools or deploying a mix of third-party and proprietary AI.

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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.

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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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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% Despite an estimated increase to IT budgets of 5.1% The year 2023 seems to be no different.

Budget 137
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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. The company is embedding AI into each level of the tech stack it sells to customers, he says. “We

Budget 145
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Why IT surveys can’t be trusted for strategic decisions

CIO Business Intelligence

One reason is that surveys dominate research into IT practices, and their results generally follow the well-worn template: X percent of Y does or is planning to do Z. Surveys, that is, only reduce our uncertainty about how many people or organizations are doing something we care about (or are supposed to). Why do I say that, you ask?

Survey 59
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Tech layoffs at big companies could be a boon for startups and entrepreneurship

GeekWire

(Bigstock Photo) A wave of layoffs at tech companies is flooding the job market with fresh talent. The trend is sparking questions about whether startups will take advantage, and whether there be a rush of new companies launched by Big Tech alum. Some larger companies are still hiring. The answer to the first question is yes.

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