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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 64
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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 138
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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. And because of this, IT budgeters must have open ears.

Budget 105
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Software project management challenges — and how to handle them

CIO Business Intelligence

The need for efficient software development has taken on greater importance as enterprises introduce more and more digital services and add automation capabilities to enhance business processes. Managing software projects might not be at the top of CIOs’ priority lists , but it is something that IT leaders will have to master.

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Explainer: Building a high-performing last-mile delivery software

CIO Business Intelligence

This has put immense pressure on IT leaders to deploy the best last-mile delivery software to safely and accurately transfer packages. The global delivery software market is expected to reach USD 3113.16 Here is a list of the top features to include in a delivery management software solution. #1

Software 111
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Over 90% of companies overpay for project collaboration software: Report

CIO Business Intelligence

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

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Generative AI gold rush drives IT spending — with payoff in question

CIO Business Intelligence

In other words, CIOs are likely to be apportioning more budget toward speculative initiatives less likely to pan out. It takes more than just installing software to make gen AI work,” McDonald said. If [vendors are] looking for a first-mover advantage, this is a one-year window in many software areas, two at the most,” he said. “If