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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 59
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IT pros say tech budgets to stay strong, but mainly for big companies

CIO Business Intelligence

while 61% of large enterprises said that they plan an expansion of IT spending in 2023, just 41% of smaller companies said the same. Counterintuitively, the researchers said, companies more worried about the effects of a possible recession were more likely to have bigger IT spending in their future plans than those who were not.

Budget 97
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14 in-demand cloud roles companies are hiring for

CIO Business Intelligence

To tackle that, businesses are turning their budgets toward the cloud, with two out of every three IT decision-makers planning to increase cloud budgets in 2024, and nearly a third (31%) reporting that 31% of their IT budget is earmarked for cloud computing, according to the 2023 Cloud Computing Study from CIO.com parent company Foundry.

Cloud 126
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Seattle approves new city budget that plugs shortfalls with surplus revenue from business tax

GeekWire

Amazon’s Spheres and other buildings at the company’s headquarters campus in Seattle. Now the city is using the surplus to help close major gaps in its budget. ” Seattle already faced operating deficits of $141 million for 2023 and $152 million for 2024 before the budget planning process began this fall. .

Budget 80
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Enterprise Storage Solution Provider of Choice: The Case Studies

CIO Business Intelligence

Digitization has transformed traditional companies into data-centric operations with core business applications and systems requiring 100% availability and zero downtime. One company that needs to keep data on a tight leash is Petco, which is a market leader in pet care and wellness products. To read the full case study, click here.).

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80% of senior IT leaders see cybersecurity protection deficits

Tech Republic Security

A lack of confidence in companies' defenses is prompting 91% of organizations to boost 2021 budgets, according to a new IDG/Insight Enterprises study.

Budget 181
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IT pros say privacy regulations are more helpful than harmful

Tech Republic Security

Cisco's 2022 data privacy study finds that privacy budgets are up, and companies are seeing good return on these investments.

Budget 147