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How Can CIOs Avoid Wasting Their Budget?

The Accidental Successful CIO

It is the role of the person with the CIO job to make sure that their company has access to the technology that everyone needs in order to do their job most efficiently. What steps can a CIO take in order to avoid spending their budget buying technology that will just end up going to waste? Where Is The Money Going?

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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. Why was I at this presentation, you ask?

Budget 106
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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.

Budget 138
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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. The company is embedding AI into each level of the tech stack it sells to customers, he says. “We

Budget 145
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CIOs Search For Ways To Help Their Companies Become More Efficient

The Accidental Successful CIO

No matter if it is dealing with trying to decide what applications we should be moving into the cloud, trying to secure the company’s networks, or working out hybrid-work arrangements with our staff, very clearly our plates are quite full. Many companies have been exclusively focused on generating growth.

Company 130
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Want to tackle technical debt? Sell it as business risk

CIO Business Intelligence

A recent example is Windows Server 2012, which was sunsetted by Microsoft in October 2023. Despite this sunsetting, companies still run the platform, primarily because they want to defer investing or can’t afford to invest in the upgrade. Consider, for example, a school building that contains asbestos.

Budget 128
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Can Auto CIOs Transform Their Companies Into Software Companies?

The Accidental Successful CIO

The goal is to transform the car companies into firms that provide services that people will buy. The person with the CIO job in the auto industry is going to have to confront entrenched corporate cultures and limited budgets with which to make the transformation. CIOs at car companies really do have their hands full.

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