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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 135
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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. In other words, the IT resources needed for this project are substantial.

Budget 95
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IT budgets remain solid, despite tech industry headwinds

CIO Business Intelligence

A report issued Monday by private investment company Bain Capital indicated that, despite the numerous disruptions to the technology industry—including a global supply chain crisis and Russia’s invasion of Ukraine—most IT decision makers foresee either stable budgets or increases for the coming year. Budgeting, IT Strategy

Budget 132
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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%). These network, security, and cloud changes allow us to shift resources and spend less on-prem and more in the cloud.”

Budget 145
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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?

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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?

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Cloud ROI: Getting innovation economics right with FinOps

CIO Business Intelligence

Nearly 85% of CIOs say despite increasing IT budgets they are under pressure to stretch budgets further than ever before—with a focus on technical debt and cloud costs. Companies squander as much as 29% of their cloud resources. Waste : Companies aren’t always good at estimating what they need and using everything they pay for.

Cloud 88