CIO Business Intelligence

MAY 4, 2022

Ceridian SVP and CIO Carrie Rasmussen got a 7% bump in her IT budget for 2022, with her company’s growth, its ongoing digitalization drive, and security mindfulness driving the boost. This comes after years of transformational initiatives being cited as the top reason driving budget increases. Top 10 business needs driving IT spend.

Budget 135

Budget Research Cloud Security 135

CIO Business Intelligence

MAY 7, 2024

Research firm Gartner recently predicted that generative AI will help spur increases in IT spending worldwide , but not all organizations are looking to increase budgets to make use of new gen AI features, especially with payoff in question. In announcing Lightspeed’s extension, Red Hat’s Dubuque acknowledged this bind.

Linux 131

Linux IBM Data Center Budget 131

CIO Business Intelligence

SEPTEMBER 8, 2022

Some of the other reasons behind the delay include changes in scope, research and evaluation along with reaching an agreement around budgeting. This also makes government C-level executives less willing to defend the process if challenged by unsuccessful vendors or the media, the research firm said.

Government 132

Government Budget Survey Research 132

CIO Business Intelligence

FEBRUARY 15, 2024

Keep the CIO integral to budgets According to Ardolino, it’s important to present the CEO with at least three different vendor proposals and their investment requirements, always providing comparisons and alternatives. Instead of simply controlling the company’s tech needs and related budget, the focus should be on security and innovation.

Strategy 134

Strategy Budget Data System 134

CIO Business Intelligence

MAY 1, 2022

While more than half (51%) of South African businesses have upped their investment in cybersecurity, it’s evident that budgets are not keeping up with needs, especially given the new threats introduced by remote work, according to a new study. Budgets must catch up to the significance of the threat.”. Arthur Goldstuck. “In

Security 98

Security Budget Study Dell 98

CIO Business Intelligence

SEPTEMBER 11, 2023

So it is imperative the C-suite have digital literacy” not only to protect and enhance the customer value proposition but to understand new technologies and how they can be applied in their business. Research has shown that companies with strong digital acuity outperform the field, so it’s a strategic and business imperative, Seals adds.

Education 135

Education Budget CTO Hire Fractional CTO 135

CIO Business Intelligence

DECEMBER 5, 2023

“Some organizations have been innovating, transforming, and growing so fast that they haven’t had time to clear up older cost structures that start getting in the way,” says Stewart Buchanan, research vice president on Gartner’s CIO team. Today’s CIO is not just a technology leader, but a business executive. But it’s not the only one.

Fractional CTO 138

Fractional CTO CTO Hire Budget Licensing 138

CIO Business Intelligence

NOVEMBER 8, 2023

Inflation may have dropped from its high in 2022, but the price pressures on IT budgets have continued unabated. Forty-one percent of the CIOs in the survey said they’ve changed their cycle for revisiting IT budgets to at least every month, says Tony Olvet, IDC’s VP of worldwide C-suite and digital business research.

Fractional CTO 133

Fractional CTO CTO Hire Budget Software 133

CIO Business Intelligence

FEBRUARY 20, 2024

Recent research by McGuire Research Services for Avanade, shows 82% of government employees are using AI on a daily or weekly basis, while 84% of organisations plan to increase their IT investments by up to 24% to take advantage of AI. Governments and public service agencies understand the enormous potential of generative AI.

Government 105

Government Policies Research Meeting 105

CIO Business Intelligence

JUNE 20, 2023

There are three ways to do this: Maximize hardware energy efficiency Consolidate infrastructure Use renewable energy sources Deploying Energy-Efficient Hardware The Hyperion Research study found three geo-specific motivations for the heightened prioritization of sustainability in HPC deployments. IT Leadership

Dell 105

Dell Energy Hardware Data Center 105

CIO Business Intelligence

NOVEMBER 2, 2023

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023.

Strategy 140

Strategy Cloud CTO Hire Fractional CTO 140

CIO Business Intelligence

MARCH 17, 2022

In July 2020, a KPMG study found that 67% of respondents increased the pace of their digital transformation strategy due to the pandemic, with 63% increasing their digital transformation budget. Research firm Fortune Business Insights predicts the global big data analytics market will grow to $549.7 Things haven’t slowed since.

Trends 145

Trends Data Big Data Budget 145

CIO Business Intelligence

JUNE 1, 2023

In a testament to its growing importance, 80% of marketers have experimented with or deployed the burgeoning technology, in some cases redirecting budgets from last year’s forays into the metaverse. Perhaps most tellingly, nearly 2 in 5 had redistributed funds from metaverse projects to AI-related ones.

Survey 98

Survey B2B Budget Artificial Intelligence 98

CIO Business Intelligence

SEPTEMBER 18, 2023

We offer flexible work hours, reimbursement for college classes, and have a pretty good training budget, but if it’s all about money, people can make that elsewhere.” We are trying to create avenues for discovery and exploration so employees feel they have the best work/life balance and [enrichment] opportunities,” Stephens explains. “We

Training 136

Training Pharmaceuticals Programming SAP 136

CIO Business Intelligence

JANUARY 11, 2024

We are giving our budget and proposed projects more scrutiny to invest in areas that have clear attribution toward generated increased revenue, more efficiencies, lower costs, and improved workplace experiences,” Srivastava says. He attributes the cautious attitude of tech leaders to elevated inflationary pressures and higher interest rates.

Budget 133

Budget Security Fractional CTO Healthcare 133

CIO Business Intelligence

APRIL 1, 2024

Despite the promise generative AI holds for boosting corporate productivity, closing the gap between its potential and business value remains one of CIOs’ chief challenges. It isn’t for lack of effort, as recent research suggests. Has GenAI finally fallen into Gartner’s dreaded “trough of disillusionment”?

Dell 142

Dell Artificial Intelligence Government Data 142

CIO Business Intelligence

FEBRUARY 14, 2024

It’s easy to view these as competing priorities vying for CIO attention and budget that are unfairly dwarfed by boardroom interest in the new and shiny opportunities promised by gen AI. But in other areas, IT teams will look to increase budgets and spending.

Hardware 143

Hardware Budget Data Security 143

CIO Business Intelligence

JUNE 26, 2023

They are accountable for the entire project scope , the project team and resources, the project budget, and the success or failure of the project. To succeed in their role, project managers must be adept at coordinating resources, managing budgets, measuring and tracking project progress, and communicating with team members and stakeholders.

Project Management 105

Project Management SCRUM Budget Agile 105

CIO Business Intelligence

MARCH 6, 2024

In fact, support for hybrid and remote workers was named as a key reason for increasing IT budgets this year according to Foundry’s 2023 State of the CIO research. Research from HP suggests that 43% of workers are happy to use devices without first running them by IT.

Security 105

Security HP Malware Hardware 105

CIO Business Intelligence

APRIL 29, 2024

This balancing act, according to Dylan Patel, chief analyst at semiconductor research firm Semianalysis, can be seen in the company’s phased rollout plan for AI copilots across various service offerings. “We expect capital expenditures to increase materially on a sequential basis driven by cloud and AI infrastructure investments,” Hood said.

Microsoft 105

Microsoft Cloud Enterprise Enterprise 105

CIO Business Intelligence

NOVEMBER 28, 2023

Subscription research firms and IT thought leadership centers have all but abandoned the data management area, pursuing instead the dopamine high of the Next New Thing. Estimates vary widely, with data spend being pegged at anywhere between 10% and 57% of total IT budgets. One villain in all this is the analyst community.

Data 131

Data Artificial Intelligence Architecture Enterprise 131

CIO Business Intelligence

OCTOBER 23, 2023

As a result, most IT functions have seen budget increases, support for more staff, and higher involvement in shaping enterprise strategy , according to multiple reports. According to its 2023 research paper Total Enterprise Reinvention , “only 8% of companies are moving to adopt a strategy of Total Enterprise Reinvention.”

Fractional CTO 137

Fractional CTO Agile Strategy Cloud 137

CIO Business Intelligence

OCTOBER 4, 2022

“It may have started with some minor irritation at a business decision or disagreements with enterprise leaders, teams, silos, or internal business matters,” says Tracy-Lynn Reid, CIO research practice lead at Info-Tech Research Group. Deep, unreasonable budget cuts. It’s time to wake up. Management resistance.

Budget 113

Budget Enterprise Enterprise Strategy 113

CIO Business Intelligence

FEBRUARY 24, 2023

During the 2008–2009 Global Financial Crisis (GFC) and subsequent recession, researchers noted that cybercrime rates increased dramatically. When businesses are struggling due to the recession, there’s a strong temptation to look for ways to cut spending. Any non-essential expenditure that can be cut, or postponed, will be.

Strategy 105

Strategy Security Fractional CTO Budget 105

CIO Business Intelligence

MARCH 15, 2024

According to the State of the CIO, 2024 research “79% of heads of IT say that CIOs have a strong educational partnership with the CEO/board of directors “and “88% of CIOs say that their role is becoming more digital and innovation focused”. Working with vendors There was a keen interest in working collaboratively with vendors.

IBM 96

IBM Cloud System Licensing 96

CIO Business Intelligence

JUNE 2, 2022

Further, the market research organization said that natural language processing (NLP) and its subset, natural language understanding (NLU), is of moderate interest because of challenges including comprehension of local languages, dialects, and accents. Gartner highlights AI trend in banking. in 2022 to $623 billion globally.

Banking 145

Banking Artificial Intelligence Financial Architecture 145

CIO Business Intelligence

FEBRUARY 8, 2023

Delivering on time and on budget Completing software projects in a timely manner while staying within budget is a long-time challenge of software development. On time and on budget are much easier to judge with the finger on the pulse of expectations of both the users and the developers.” What we can’t measure we can’t improve.

Project Management 122

Project Management Software Software How To 122

CIO Business Intelligence

APRIL 10, 2024

Cost-effective GenAI, on premises Of course, here’s something that may not be mysterious for IT leaders: building, training, and augmenting AI stacks can consume large chunks of budget. Because LLMs consume significant computational resources as model parameters expand, consideration of where to allocate GenAI workloads is paramount.

Dell 135

Dell Storage Engineering Training 135

CIO Business Intelligence

OCTOBER 24, 2022

As popularity of project collaboration software grows along with other software-as-a-service products, a research report from SaaS purchasing platform Vertice shows that more than 90% of enterprises are overpaying for these tools. The project collaboration software market is estimated to reach a value of $27.40

Software 85

Software Software Report Company 85

CIO Business Intelligence

APRIL 27, 2023

Meanwhile, the CTO focuses on technology research and development efforts, often working closely with the CIO to develop a strong IT strategy. They’re required to work closely with upper management, executives, and key stakeholders to identify business needs and requirements. Average salary: US$151,364 Increase from 2021 : 2.3%

Engineering 116

Engineering Devops Architecture Software 116

CIO Business Intelligence

MAY 7, 2024

At the same time, Artificial Intelligence (AI) is quickly becoming recognised as a keystone for future growth. Foundry’s 2024 CIO Tech Priorities study found 70% of organizations are actively researching or piloting AI-enabled technologies, while 21% have it already in use or are even upgrading and refining their models.

Banking 130

Banking Artificial Intelligence Mobile Construction 130

CIO Business Intelligence

FEBRUARY 23, 2024

Such partnerships are helping Kyndryl expand its addressable market by moving beyond its core expertise area of infrastructure, according to Tom Reuner, executive research leader at HFS Research.

IBM 134

IBM Enterprise Enterprise Healthcare 134

CIO Business Intelligence

DECEMBER 19, 2022

Optimising Marketing Performance within Constrained Budget Guidelines A unified cloud platform enables marketing leaders to empower their staff and partners to deliver more and better marketing. This reduces cost, improves timeliness of campaign delivery, and most importantly increases marketing’s ability to directly control its budget spend.

Cloud 97

Cloud Applications Advertising Artificial Intelligence 97

CIO Business Intelligence

DECEMBER 19, 2023

Luckily, many are expanding budgets to do so. “94% Many technology investments are merely transitionary, taking something done today and upgrading it to a better capability without necessarily transforming the business or operating model. In many instances, this lag can be anticipated and addressed prior to any commitments.

Devops 143

Devops Programming Strategy Survey 143

CIO Business Intelligence

JANUARY 10, 2024

No IT organization wants to get caught short on processing or storage resources that could negatively affect operations, or have to suddenly add resources that exceed the budget. In this way, you can take advantage of the cloud’s agile, on-demand approach with unlimited capacity without breaking the budget.

Cloud 124

Cloud CTO Hire Fractional CTO Budget 124

CIO Business Intelligence

NOVEMBER 15, 2022

But released the next day, the 2023 Gartner CIO and Technology Executive Survey revealed that EMEA-based CIOs expect IT budgets to increase 4.4% Approximately 34% are increasing investment in artificial intelligence (AI) and 24% in hyper-automation as well. on average over the next year, somewhat lower than the projected 6.5%

Energy 143

Energy Financial Artificial Intelligence Survey 143

CIO Business Intelligence

OCTOBER 31, 2023

Recent VMware research reveals that 95% of organizations believe multi-cloud architectures are critical for business success. With a state-driven environment, organizations can maintain control over both cost and security while ensuring that applications are built efficiently, stay within budget, and adhere to security policies.

Cloud 130

Cloud Security Resources Policies 130