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Capitalizing on technology budgets: A CIO’s story

CIO Business Intelligence

While traditional approaches to bridging the profitability gap, like layoffs and budget cuts, can harm company culture, an innovative and practical alternative is capitalizing on technology budgets. However, it’s important to remember that headcount and budget cuts are not the only strategies to streamline costs.

Budget 59
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What the Digital Operational Resilience Act means for you

CIO Business Intelligence

Introduced in 2020—and later enacted in 2022—DORA aims to establish a consistent and common level of digital operational resilience across financial services firms in—or doing business with—the EU. While it’s an EU policy with ramifications for EU businesses, the impact will undoubtedly affect businesses worldwide.

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Preparing for the Worst: IT Disaster Recovery Best Practices

SecureWorld News

Natural disasters, human error, cyberattacks, and other disruptive events can cause irreparable harm to your organization which can lead to financial loss, reputational damage, or even a complete business shut down. In short, business continuity processes are focused on keeping the entire organization up and running during a disaster.

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Top 8 ways to improve cybersecurity for your organization

CIO Business Intelligence

As you plan your security budget, know that your recommendations to improve cybersecurity will be scrutinized more than ever before. No budget is unlimited. Align your cybersecurity program to business goals and financial impact. Now might be a good time to transform from a focus on cybersecurity to business security.

Budget 135
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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.

Cloud 130
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How strategic partnerships are the key to AI-driven innovation

CIO Business Intelligence

In banking and financial services applications, for example, GenAI solutions are being developed to analyze customer data, market data, economic trends, and more to help support highly personalized insights and guidance. This is a challenge for many CIOs.

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The 10 most in-demand IT jobs in finance

CIO Business Intelligence

The US financial services industry has fully embraced a move to the cloud, driving a demand for tech skills such as AWS and automation, as well as Python for data analytics, Java for developing consumer-facing apps, and SQL for database work. DevOps helps bring both ideologies together to find a balance between the two goals. Data engineer.

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