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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%). This applies to his IT group as well, specifically, in using AI to automate the review of customer contracts, Nardecchia says.

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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% It took some time for me to realize how to make the right tech choices.

Budget 138
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Chinese tech giant NetEase plans new game development studio based in Seattle

GeekWire

(NetEase Photo) Chinese technology company NetEase announced this week that it plans to open a new game development studio in Seattle called Anchor Point Studios. Its studio head and CEO, Paul Ehreth , is a veteran game developer who worked at Microsoft and 343 Industries on games like Halo 4 and 2007’s Shadowrun.

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Uncommon Thinkers: MagniX CTO Riona Armesmith geeks out over electric aviation

GeekWire

. “The opportunity to see what you’re doing fly in such a short amount of time — that opportunity is so rare in this industry.” where scores of employees design, develop and manufacture electric powertrains. … You don’t become a CTO without being a bit of a nerd,” she says with a laugh.

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Many CIOs are better equipped to combat rising IT costs. Are you?

CIO Business Intelligence

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.

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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

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.

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How to hire the right product manager for your IT needs

CIO Business Intelligence

As a result, many corporate leaders who are used to hiring for IT now have to learn what makes a good product manager as they seek to fill these roles. We spoke to a host of experts, including product managers and those who supervise, hire, and mentor them, about what you should be looking for if you’re hiring a new PM for your team.

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