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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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10 cloud strategy questions every IT leader must answer

CIO Business Intelligence

Although some continue to leap without looking into cloud deals, the value of developing a comprehensive cloud strategy has become evident. It’s important to understand your destination and focus on achieving that business value before you jump in.” Cloud costs will often — and rapidly — become large line items on budgets.

Strategy 145
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8 strategies for accelerating IT modernization

CIO Business Intelligence

And with infrastructure and application modernization cited as key reasons for CIOs’ budget increases this year, according to the 2024 State of the CIO Survey, that pace is not fast enough. Here veteran IT leaders and advisers offer eight strategies to speed up IT modernization.

Strategy 140
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Project management: Tips, tools, best practices

CIO Business Intelligence

Costs management: Estimate costs, determine budgets. Quality management: Identify quality requirements. Human resource management: Plan and identify human resource needs. Communications management: Plan stakeholder communications. Procurement management: Identify and plan required procurements.

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Building digital fluency in the C-suite and beyond

CIO Business Intelligence

In tandem with his job as chief digital officer and senior vice president of strategy at Hussman, Seals got a Ph.D. in business administration and wrote his dissertation on digital acuity and intelligence in “incumbent companies.” When it comes to fostering digital literacy in the C-suite, Michael Seals literally wrote the book.

Education 135
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Corporate Performance Management vs. Business Intelligence

Future of CIO

Corporate Performance Management (CPM) is a set of management and analytic processes that enable the management of an organization 's performance to achieve one or more pre-selected goals. Business Intelligence is about managing data. Although CPM and BI are different, they should have overlapped.

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3 key digital transformation priorities for 2024

CIO Business Intelligence

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Luckily, many are expanding budgets to do so. “94%

Devops 143