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5 hot IT budget investments — and 2 going cold

CIO

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). 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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Soci raises $120M in debt and equity to grow its marketing management platform

TechCrunch

“Soci became an essential partner to brands for this transformation, which led to an increased need for brands to turn to technology to manage their presence in local digital market channels.” Khoury says he was inspired to found Soci by the dearth of options for brands to manage their presence across digital marketing channels.

Marketing 234
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4 hidden risks of your enterprise cloud strategy

CIO

And those massive platforms sharply limit how far they will allow one enterprise’s IT due diligence to go. When performing whatever minimal due diligence the cloud platform permits — SOC reports, GDPR compliance, PCI ROC, etc. it’s critical to remember that it is only a snapshot at that moment of evaluation.

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Contentsquare closes a mammoth $600M round as customers clamor for digital analytics

TechCrunch

The same survey found that over four-fifths of companies — 82% — were prevented from pursuing digital transformation projects due to the staffing, resources and expertise required. He says the new cash will be put toward R&D efforts, geographic and market growth, and launching as many as three new products within the next 12 to 18 months.

Analytics 235
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With fresh capital, Symend aims to build a better debt collection system

TechCrunch

While this is not an optimal time for many businesses to turn to funding, for Symend, this was an ideal time as our product demand rises and the realities of the market create a deepening white space for us to capture.” text and email) while providing that business access to playbooks for various debt collection scenarios (e.g.,

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NetSuite adds generative AI to its entire ERP suite

CIO

Organizations need various tools and connectors to run the system on infrastructure from other cloud providers. The company has also added new capabilities to its planning and budgeting feature to help enterprises automate data analysis for preparing budgets. The ERP suite is available on Oracle Cloud Infrastructure.

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10 highest-paying IT jobs

CIO

For technologists with the right skills and expertise, the demand for talent remains and businesses continue to invest in technical skills such as data analytics, security, and cloud. They’re also charged with assessing a business’ current system architecture, and identifying solutions to improve, change, and modernize it.