CIO
JANUARY 11, 2023
Welcome to 2023. As technology projects, budgets, and staffing grew over the past few years, the focus was on speed to market to maximize opportunity, says Troy Gibson, CIO services leader at business and IT advisory firm Centric Consulting. Budgets are being slashed across industries, Avila notes.
CIO
JANUARY 26, 2023
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. The year 2023 seems to be no different. Despite an estimated increase to IT budgets of 5.1%
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CIO
JANUARY 9, 2023
The need to grow smartly Gil Westrich’s company, ClearML, is benefiting from increased adoption of artificial intelligence and machine learning (ML) technology. But the CTO and co-founder says that scaling to meet that demand presents its own challenges, which require self-reflection. How do we grow our business responsibly?”
CIO
OCTOBER 23, 2023
As a result, most IT functions have seen budget increases, support for more staff, and higher involvement in shaping enterprise strategy , according to multiple reports. According to its 2023 research paper Total Enterprise Reinvention , “only 8% of companies are moving to adopt a strategy of Total Enterprise Reinvention.”
CIO
NOVEMBER 8, 2023
Inflation may have dropped from its high in 2022, but the price pressures on IT budgets have continued unabated. in September, 2023, the price pressures facing IT have persisted. in September, 2023, the price pressures facing IT have persisted. general inflation rate masks some higher increases hitting IT budgets.
CIO
NOVEMBER 27, 2023
For example, it highlighted a 153% rise in global ransomware attacks from September 2022 to September 2023. To top it off, Taylor says many CIOs report having CEOs, C-suite colleagues, and workers throughout their organizations clamoring for the technology and even launching their own pet projects using the tech, further upping the stress.
CIO
JANUARY 11, 2024
2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. We believe that smart technology still holds the biggest promise to improve our client’s operations,” he says.
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