article thumbnail

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 64
article thumbnail

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. What I had been trying to do was to pitch and fund the needs that we inIT felt were urgent, such as new investments in networks, processing, and storage. Why was I at this presentation, you ask?

Budget 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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. We obviously won’t cut investments here.

Budget 138
article thumbnail

5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Related: 6 tips for making the most of a tight IT budget Budgeting, IT Leadership, IT Strategy

Budget 145
article thumbnail

The extraordinary synergy of wi-fi and 5G in enterprise networks

CIO Business Intelligence

Network reliability and availability are among the many reasons why enterprises are augmenting Wi-Fi networks with 5G. As an IT leader, you deal with balancing benefits and budgets within the rapid pace of technological change every day. 5G networks help enable that speed and access. The benefits are extraordinary.

Network 105
article thumbnail

Private 5G networks are sparking innovation at the edge

CIO Business Intelligence

A crucial component to simplifying the edge experience is the network itself. Compared with their predecessors, private 5G networks offer faster speeds, lower latency, enhanced security, and the ability to connect a vastly greater number of edge devices. To learn more, visit us here.

Network 105
article thumbnail

From zero to BI hero: Launching your business intelligence career

Dataconomy

In today’s fast-paced business landscape, companies need to stay ahead of the curve to remain competitive. Business intelligence (BI) has emerged as a key solution to help companies gain insights into their operations and market trends. What is business intelligence?