article thumbnail

Capitalizing on technology budgets: A CIO’s story

CIO Business Intelligence

In today’s competitive business setting, enterprises are constantly under pressure to maintain profitability amid challenging economic conditions. By leveraging data-driven methods, businesses can optimize and reclaim operating capital from their extensive technology budgets, reducing expenses without resorting to drastic measures.

Budget 64
article thumbnail

5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

Fifty-two percent of organizations plan to increase or maintain their IT spending this year, according to Enterprise Strategy Group. The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. IDC is forecasting a 5.1%

Budget 145
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

5 Most Effective Training Techniques for Enterprises

Kitaboo

Enterprises invest a huge sum to develop an effective training program for their workforce. On an average, organizations spend 11% of their budget on learning tools and technologies. 95% of companies use some video for learning, according to the Brandon Hall Group 2015 Video for Learning Pulse Survey.

article thumbnail

IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

Boston Consulting Group (BCG) has said that C-suite executives across the world are prioritizing cost management in response to ongoing economic, financial, and geopolitical uncertainties. Nonetheless, there will be continued investment in enterprise security and cloud computing.

Budget 82
article thumbnail

Open Group goes modular with 10th edition of TOGAF standard

CIO Business Intelligence

The vendor-neutral Open Group Architecture Forum has launched the 10th edition of its TOGAF standard this week, with the latest edition of the popular enterprise architecture framework being given a modular redesign aimed at easing adoption for practitioners.

Groups 87
article thumbnail

Will marketing continue to grow their share of the technology budget?

Eric D. Brown

If you are involved with marketing and/or technology in any large organization, you most likely are hearing a lot about marketing technology (MarTech) and the ‘explosion’ of MarTech people, technology, projects… and budgets. Let’s take a second to think about some of the higher priority items for the IT group.

Budget 100
article thumbnail

What is TOGAF? An enterprise architecture methodology for business

CIO Business Intelligence

The Open Group Architecture Framework (TOGAF) is an enterprise architecture methodology that offers a high-level framework for enterprise software development. The Open Group developed TOGAF in 1995, and by 2016, 80% of Global 50 companies and 60% of Fortune 500 companies used the framework. TOGAF definition.