Remove Budget Remove Fractional CTO Remove Licensing Remove Research
article thumbnail

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% on average for 2023, research firm Gartner points to a projected 6.5%

Budget 135
article thumbnail

11 ways to reduce your IT costs now

CIO Business Intelligence

“Some organizations have been innovating, transforming, and growing so fast that they haven’t had time to clear up older cost structures that start getting in the way,” says Stewart Buchanan, research vice president on Gartner’s CIO team. Today’s CIO is not just a technology leader, but a business executive. But it’s not the only one.

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

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 127
article thumbnail

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.

Cloud 112
article thumbnail

7 tough IT security discussions every IT leader must have

CIO Business Intelligence

The value of addressing cybersecurity issues through ongoing discussions is getting corporate alignment on effective and robust strategies, says Roger Albrecht, co-lead of the cybersecurity unit at technology research and advisory firm ISG. Do we address cyber scenarios to the extent that we should? Planning is critical, Folk says.

Security 140
article thumbnail

- Thanks & Turkeys 2010

Chief Seattle Greek Blog

This week Chief Technology Officer Bill Schrier has a LOT for which to be thankful. But we have a sustainable budget and services going into 2011. First are some of our technology vendors, a few of whom have ever increasing appetites for money. But I also have a few turkeys to carve.