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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

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. On-prem infrastructure will grow cold — with the exception of storage, Nardecchia says. This should secure our business strategy for the next five years and longer.”

Budget 145
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Enterprise Storage Solution Provider of Choice: The Case Studies

CIO Business Intelligence

Most of Petco’s core business systems run on four InfiniBox® storage systems in multiple data centers. For the evolution of its enterprise storage infrastructure, Petco had stringent requirements to significantly improve speed, performance, reliability, and cost efficiency. Infinidat rose to the challenge.

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Town Sends 15% of Annual Budget to Cybercriminals

SecureWorld News

That is approximately 15% of the town's annual budget. Adding a wrench into the unfolding events, officials are still waiting to see if the town's insurance will cover the losses. Since the town's budget is about $15.8 This development creates a demand for innovation and a need to secure cloud database storage.

Budget 85
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Cigna Health Data Leak Exposes Massive Provider Information Database

SecureWorld News

In a recent revelation, security researcher Jeremiah Fowler uncovered a significant data leak affecting one of the United States' largest health insurance companies, Cigna Health. The exposed database offered a unique glimpse into the operations of Cigna Health, one of the nation's largest health insurance providers.

Data 88
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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 136
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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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Success in 2024: The essential factors every startup owner must know

Dataconomy

It all begins with a robust budget, keeping overheads low without compromising on the quality of your products or services. Implement technologies that streamline your operations, whether it’s cloud computing for storage needs or CRM systems for customer relationship management.