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11 ways to reduce your IT costs now

CIO Business Intelligence

“The net result is that some organizations’ technology debts are growing faster than anything else and robbing them of their budgets and ability to innovate.” The need to reorient IT’s budget toward future opportunities is one big reason CIOs are reviewing their IT portfolios now.

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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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Cybersecurity for Nonprofits: Cost-Effective Defense Strategies

SecureWorld News

Nonprofits often juggle tight budgets and unique operational demands, making it even more difficult to keep sensitive information safe—but here's the thing: you don't need a fortune to build a strong defense against the possible cyber threats out there. Battling cybersecurity threats can often feel like an uphill struggle.

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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 140
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12 famous ERP disasters, dustups and disappointments

CIO Business Intelligence

With enterprise resource planning (ERP) and customer relationship management (CRM) applications at the heart of many a company’s operations, the consequences of a failed software rollout can be serious, including shareholder lawsuits and financial meltdown. million in implementation costs. The lawsuit is still ongoing.

SAP 128
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AI in the cloud pays dividends for Liberty Mutual

CIO Business Intelligence

And that is in no small part thanks to the vision of James McGlennon, who in his role as CIO of Liberty Mutual for past 17 years has led the charge to the cloud, analytics, and AI with a budget north of $2 billion. The insurer also uses Amazon Sage Maker to build machine learning models, but the core models are based on Python.

Cloud 145
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You’re not alone in the cyber battlefield

Dataconomy

HIPAA (Health Insurance Portability and Accountability Act) is a federal law in the United States that sets national standards for protecting the privacy and security of individually identifiable health information. What is HIPAA? A solid BCP ensures that critical security services continue uninterrupted during unexpected events.