article thumbnail

White House Budget Proposal Seeks Cybersecurity Funding Boost 

Ooda Loop

trillion budget proposal for fiscal year 2025, with a significant focus on increasing cybersecurity spending. The plan allocates $13 billion in cybersecurity funding across civilian departments and agencies, including a $3 billion budget for the Cybersecurity and Infrastructure Security Agency (CISA), representing a […]

Budget 75
article thumbnail

IT budget shock: Global IT services firms continue to struggle

CIO

This is driven by persistent cybersecurity threats, breaches, and incidents, as well as the overarching goal of fostering digital transformation and building intelligent enterprises.” Expectations in the near term Looking ahead to 2025, the growth trajectory for the sector hinges on several pivotal factors that need more clarity, including the recovery (..)

Budget 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Microsoft invests €3.2 billion in AI and the cloud in Germany

CIO

billion in Germany by the end of 2025 to double the artificial intelligence and cloud capacities of its data centers there. New data centres After doubling the capacity of its own data centers in Germany in 2023, Microsoft intends to double it again by the end of 2025. Microsoft will invest €3.2 million people in digital skills.

Cloud 329
article thumbnail

What the Digital Operational Resilience Act means for you

CIO

This piece of legislation in the European Union (EU) requires companies to be compliant by January 2025, meaning businesses have just under one year to ensure they’re prepared. Consistently review budget related to fulfilling digital operational resilience needs: Preparing for a new set of regulations requires the right resources.

article thumbnail

Prioritizing AI? Don’t shortchange IT fundamentals

CIO

It’s easy to view these as competing priorities vying for CIO attention and budget that are unfairly dwarfed by boardroom interest in the new and shiny opportunities promised by gen AI. But in other areas, IT teams will look to increase budgets and spending. But by 2027, the analyst firm expects that to rise to at least 40%.

article thumbnail

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. billion in spend by 2025.

Budget 339
article thumbnail

Z?m wins $150M from San Francisco schools to modernize and electrify student transport

TechCrunch

m has deployed a new fleet of connected school buses and other vehicles, which will be converted to electric by 2025.”. m’s goal to help SFUSD electrify its entire fleet by 2025. Along with its fleet, Z?m Included in the contract is Z?m’s