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5 hot IT budget investments — and 2 going cold

CIO

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. This applies to his IT group as well, specifically, in using AI to automate the review of customer contracts, Nardecchia says.

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Selling the C-suite on preemptive IT investments

CIO

But disaster recovery is just one example of projects that are of an important and preemptive nature that CIOs want to fund but find de-prioritized when it comes to budget approval. million, and in 2022, two out of three midsize companies experienced a ransomware attack , so disaster recovery and corporate security are serious matters.

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With fresh capital, Symend aims to build a better debt collection system

TechCrunch

According to a September 2021 survey from Bankrate.com, 42% of U.S. A more recent report from the Federal Reserve Bank of New York estimates that total household debt in Q3 2022 reached $16.51 ” With fresh capital, Symend aims to build a better debt collection system by Kyle Wiggers originally published on TechCrunch. .

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Low-code: An Accelerator for Digital Transformation

CIO

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. Amidst these challenges, organisations turn to low-code to remain competitive and agile.

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What CIOs need to become better enablers of sustainability

CIO

Across the world, climate change has bitten hard into the economies of tech-centric California, again due to wildfires. Australia and Pakistan have seen communities wrecked by large-scale flooding and continual rain, while in 2022, Europe had its hottest summer on record. But Spain’s predicament isn’t unique.

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5 ways to maximize your cloud investment

CIO

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.

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The 10 biggest issues IT faces today

CIO

Those dynamics are now reshaping the CIO agenda for 2022, forcing many IT leaders to reorganize their list of top concerns. He says that’s due in part to the Russian invasion of Ukraine that touched off warnings about possible Russia-backed hackers stepping up cyberattacks on US targets. Ever increasing demands for transformation.