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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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The Gollum developer apology is alleged written by AI

Dataconomy

According to recent reports, the Gollum developer apology letter was allegedly written by AI, and the person behind the statement used ChatGPT for this sensitive piece. The Gollum developer apology was evidently ignorant of the apology or its contents prior to its public distribution adds to the mystery.

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4 moves CIOs should make to achieve a more efficient IT organization

CIO Business Intelligence

While investing in technology is key—and becoming more so—this doesn’t mean that CIO budgets won’t come under pressure, both for capital spend as well as for operations and maintenance (O&M). Optimize cloud spend It’s a good time for CIOs to conduct a financial health check on their technology budget. An easy example?

Licensing 138
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5 ways to maximize your cloud investment

CIO Business Intelligence

No IT organization wants to get caught short on processing or storage resources that could negatively affect operations, or have to suddenly add resources that exceed the budget. In this way, you can take advantage of the cloud’s agile, on-demand approach with unlimited capacity without breaking the budget. Then there’s housekeeping.

Cloud 124
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Low-code: An Accelerator for Digital Transformation

CIO Business Intelligence

Digital transformation is expected to be the top strategic priority for businesses of all sizes and industries, yet organisations find the transformation journey challenging due to digital skill gap, tight budget, or technology resource shortages. Empowering Citizen Developers. Nevertheless, there are a few more to keep in mind.

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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 take aim at SaaS sprawl

CIO Business Intelligence

Expedia Group, for example, grew significantly over time through acquisitions to comprise 21 separate travel brands, each with its own tech stack and SaaS providers, says Rajesh Naidu, chief architect and head of data platform and data management. It’s unwieldy at times managing a detailed budget by vendor.