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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.

Budget 363
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Getting infrastructure right for generative AI

CIO

of the overall AI server market in 2022 to 36% in 2027. of AI storage in 2022 to 30.5% billion in 2022 to $57 billion in 2027. It’s well within the budget.” We expended a lot of human resources to maintain the systems, so the savings weren’t really there,” he adds. It’s about choosing the right tool for the job.

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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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What the Digital Operational Resilience Act means for you

CIO

Cyber attacks and data breaches can wreak havoc on a business’ IT systems, resulting in massive costs to fix the damage and a long-lasting impact on customers that could hamper a company’s growth for years to come. But what exactly does this policy mean for IT security? And how can businesses ensure they’re ready? What is DORA?

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August Patch Tuesday 2022

Ivanti

systems ( CVE-2022-26832 and CVE-2022-30130 ). Of the 121 new CVEs addressed this month, there is a zero day ( CVE-2022-34713 ) and a publicly disclosed CVE ( CVE-2022-30134 ). Of the 121 new CVEs addressed this month, there is a zero day ( CVE-2022-34713 ) and a publicly disclosed CVE ( CVE-2022-30134 ).

Windows 95
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With fresh capital, Symend aims to build a better debt collection system

TechCrunch

A more recent report from the Federal Reserve Bank of New York estimates that total household debt in Q3 2022 reached $16.51 “As with many businesses right now, the current market conditions and economic uncertainty has led to us seeing clients with tighter budgets and streamlined decision-making,” Joshaghani added.

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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.