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How Can CIOs Avoid Wasting Their Budget?

The Accidental Successful CIO

What steps can a CIO take in order to avoid spending their budget buying technology that will just end up going to waste? The problem with doing this is that if software isn’t modified, it may run all the time and draw on cloud resources needlessly which can run up big usage costs. This could result in a big budget drain.

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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 138
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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. These network, security, and cloud changes allow us to shift resources and spend less on-prem and more in the cloud.”

Budget 145
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ST Engineering showcases applications of new technologies to stay ahead of disruption

CIO Business Intelligence

Consider both the upsides and downsides to every disruptive innovation and develop applications that are smart, secure, and sustainable, without losing your focus on solving real-world challenges,” says Low Jin Phang, President, Digital Systems, ST Engineering. To find out more about ST Engineering Digital Systems, visit [link].

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

CIO Business Intelligence

Security and AI Among the IT leaders taking a cautious approach to AI is Saurabh Gugnani, the global head of cyber defense and application security at Dutch compliance firm TMF Group. Many organizations hesitate to commit the necessary resources, slowing the integration of AI capabilities,” he said. Artificial Intelligence

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Navigating Cloud Cost Complexity and Security

CIO Business Intelligence

This issue is particularly pronounced in multi-cloud deployments, where organizations utilize multiple cloud providers or combine on-premises environments with cloud resources. The complexity of managing and securing resources across diverse platforms exacerbates these challenges.

Cloud 130
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“If organisations are hacked, they should stay calm and act quickly by instantly activating their incident response plan”

CIO Business Intelligence

This continued emergence of cloud environments has greatly affected application development and their associated security architectures. Cloud environments by their nature often consist of rapid DevOps cycles eliminating the need for application developers to adequately maintain secure applications.

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