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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.

Budget 137
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4 moves CIOs should make to achieve a more efficient IT organization

CIO Business Intelligence

While investing in technology is key—and becoming more so—this doesn’t mean that CIO budgets won’t come under pressure, both for capital spend as well as for operations and maintenance (O&M). Optimize cloud spend It’s a good time for CIOs to conduct a financial health check on their technology budget. Not necessarily.

Licensing 138
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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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Data center investments simplify IT and cloud modernization

CIO Business Intelligence

We have also been investing heavily to expand our data center networking capabilities across switching, automation, and integration into HPE compute, storage, and HPE GreenLake. HPE Aruba Networking solutions are deeply integrated into a wide variety of HPE compute, storage, HCI, and HPE GreenLake edge-to-cloud offerings.

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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 134
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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 119
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Game Changer: Modernize IT Procurement with Data-driven Insights

CIO Business Intelligence

Any infrastructure purchase requires a budget, or at least an understanding of how much money you intend to spend. To build that budget, an ideal IT procurement solution provides an overview of your inventory, including aggregate information on storage, compute, virtual resource allocation, and configuration details.

Data 95