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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%). CIOs anticipate an increased focus on cybersecurity (70%), data analysis (55%), data privacy (55%), AI/machine learning (55%), and customer experience (53%).

Budget 145
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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.

Strategy 126
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Storytelling for CIOs: From niche to bestseller

CIO Business Intelligence

I take what I learned in the scriptwriting seminar about passion and the narrative arc into every meeting I attend,” one chief technology officer said. The uses of storytelling Storytelling can be used to persuade senior executives to release budget, plot a change in strategy, or share good and bad news.

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10 best practices when partnering for strategic skills

CIO Business Intelligence

For the more specialized IT needs, there just aren’t enough people to meet the demand,” says Michael Manos, CTO of Dun & Bradstreet. But CIOs are also working with niche consultancies and startups for skills in areas such as cybersecurity, AI, cloud, analytics, and DevOps. Select the right partnership model.