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The art of selling: IT budget approval made easier

CIO Business Intelligence

Because as a young CIO, I was struggling with obtaining budget approvals for a range of IT initiatives. A majority of CIOs I speak with dread the budget approval process and breathe a welcome sigh of relief when annual budgeting comes to an end. These days artificial intelligence has the full attention of the C-suite and board.

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Madrona backs WaFd Bank spinout developing consumer software for regional banks

GeekWire

A new banking software startup spun out of Washington Federal Bank (WaFd) wants to help digitize consumer-facing products used by regional banks across the U.S. The idea was to help develop and deploy new software at a faster rate. Many banks are hesitant to make a transition from their current software provider.

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Generative AI gold rush drives IT spending — with payoff in question

CIO Business Intelligence

A scramble to invest in artificial intelligence and a natural replacement cycle for computing devices purchased during the COVID pandemic will lead to an 8% increase in global IT spending this year, Gartner predicted. In other words, CIOs are likely to be apportioning more budget toward speculative initiatives less likely to pan out.

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Three predictions for AI and automation business adoption

CIO Business Intelligence

That’s one of the main themes from IDC’s recent predictions report, “IDC FutureScape: Worldwide Artificial Intelligence and Automation 2024 Top 10 Predictions”. In DevOps, KPIs may be improvements in software quality or time to value. Artificial Intelligence, Business, Events

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Firm study predicts big spends on generative AI

Tech Republic Security

A new study polling software buyers at businesses worldwide finds strong intention to increase budget, with special interest in AI. It also looks at how vendors can engage buyers. The post Firm study predicts big spends on generative AI appeared first on TechRepublic.

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The CIO’s 2024 AI playbook

CIO Business Intelligence

Especially in IT organizations—where budgets came under more scrutiny in 2023—CIOs need to show they’re not using AI for AI’s sake. They should work hand-in-hand with CFOs to make sure IT is funded sufficiently but not overspending on unused software. Artificial Intelligence

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Innovating Services for a Digital, Intelligent Future

CIO Business Intelligence

At the same time, Artificial Intelligence (AI) is quickly becoming recognised as a keystone for future growth. Tackling the challenges of intelligent transformation However, many organisations continue to struggle with tight budgets, resistance to change, and perennial shortages of skill sets and staff.

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