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Top 10 business needs driving IT spending today

CIO

Ceridian SVP and CIO Carrie Rasmussen got a 7% bump in her IT budget for 2022, with her company’s growth, its ongoing digitalization drive, and security mindfulness driving the boost. This comes after years of transformational initiatives being cited as the top reason driving budget increases. Top 10 business needs driving IT spend.

Budget 338
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Terzo lands $16M to extract key data from contracts

TechCrunch

“As our technology evolves, we aim to deliver advanced insights around financials and budgeting,” Card said. There are no analytics or financial insights for leaders to make smarter decisions. “We are positioned to be a profitable business by 2025,” Card added. Terzo was founded to solve that problem.”

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Extra Crunch roundup: Clubhouse UX teardown, YC Demo Day favorites, proptech VC survey, more

TechCrunch

Ideally, BI transforms raw data into actionable information, but according to Charles Caldwell, VP of product management at Logi Analytics, “a gap exists between the functionalities provided by current BI and data discovery tools and what users want and need.” Image Credits: Jon Feingersh Photography Inc / Getty Images.

Survey 236
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Filevine raises $108 million for tools that streamline legal workflows

TechCrunch

In 2021, Gartner predicted that legal tech budgets would increase threefold through 2025 “as general counsel face unprecedented pressure both in terms of managing legal workload and driving efficiency in their departments.”

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Tackling Healthcare Staffing Shortages with Salesforce and Artificial Intelligence (AI)

Perficient

A 2022 survey showed that 47% percent of healthcare providers plan on leaving their roles in the next two to three years (Forbes, 2022). Staff are getting burnt out, agency worker are burning the budget, and the talent acquisition team cannot keep up. New Survey Shows That Up To 47% Of U.S. Promoting Health for Older Adults.

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5 Reasons to Modernize with Cloud: Utilities Edition

Protera

By the end of 2025, nearly half of all utility monitoring and control systems will use cloud-powered IoT technology for more intelligent operations. on their 2022 CPO survey. Gartner reports that by the end of 2025, 40% of new monitoring and control systems will utilize IoT for more intelligent operations. 1: Agile Procurement.

Cloud 52
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Understanding the Scope of AIOps and Its Role in Hyperautomation

Trigent

million by 2025 at a CAGR of 43.7% during the period 2020 to 2025. million in 2025. A global survey of CIOs iterates why AIOps is so critical for IT enterprises. The survey pointed out that despite investing in 10 different monitoring tools on average, IT teams had full observability into just 11% of the environments.