Remove Budget Remove Data Remove Fractional CTO Remove Insurance
article thumbnail

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
article thumbnail

New CIO appointments in India, 2022

CIO Business Intelligence

He has assisted the top management in planning IT strategies and leveraging technologies for rationalizing manpower, enhancing organizational productivity, and improving the efficiency of operations. Amit Goel joins Blox as CTO. Real estate buying platform Blox has appointed Amit Goel as its chief technology officer, based in Mumbai.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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 140
article thumbnail

What Does It Take To Be A Successful CIO?

The Accidental Successful CIO

Just think of all of the things that the person with the CIO job has to stay on top of: the explosive growth of cloud computing, the continued rise in business-managed IT spend, and incredible leaps in data analytics and automation. Gaining Expertise In Technology. These are the CIOs who can have an influence throughout the company.

article thumbnail

8 top priorities for CIOs in 2023

CIO Business Intelligence

As technology projects, budgets, and staffing grew over the past few years, the focus was on speed to market to maximize opportunity, says Troy Gibson, CIO services leader at business and IT advisory firm Centric Consulting. level talent while embracing the latest data mining, data analysis, and analytical tools.

article thumbnail

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.