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6 tips for making the most of a tight IT budget

CIO

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. Despite an estimated increase to IT budgets of 5.1% Despite an estimated increase to IT budgets of 5.1% The year 2023 seems to be no different.

Budget 345
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5 hot IT budget investments — and 2 going cold

CIO

At the same time, they are defunding technologies that no longer contribute to business strategy or growth. Fifty-two percent of organizations plan to increase or maintain their IT spending this year, according to Enterprise Strategy Group. This should secure our business strategy for the next five years and longer.”

Budget 363
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Why data leaders struggle to produce strategic results

CIO

Chief data and analytics officers (CDAOs) are poised to be of increasing strategic importance to their organizations, but many are struggling to make headway, according to data presented last week by Gartner at the Gartner Data & Analytics Summit 2023. Organizations are still investing in data and analytics functions.

Data 363
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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. Contentsquare remains focused on its original bread and butter, which is to say web and app analytics. In some cases, it cost them dearly. In the U.S.

Analytics 235
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The CIO’s 2024 AI playbook

CIO

Here are three strategies designed to help CIOs and others maximize their return not just on AI, but all essential tech. Especially in IT organizations—where budgets came under more scrutiny in 2023—CIOs need to show they’re not using AI for AI’s sake.

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70% of legal departments don’t invest in digital transformation: Report

CIO

The report captures insights from a survey of 278 law department leaders and legal operations professionals and shows that larger companies were more open to transformation initiatives than smaller ones. Resistance to change, lack of budget top barriers to transformation. Data and project management top transformation initiatives.

Report 264
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Private 5G networks are sparking innovation at the edge

CIO

For the enterprise, planning edge strategies and reaping their rewards is often a complex and challenging process, with myriad applications to deploy, a proliferation of hardware devices to manage, multiple data types and sources to integrate, and significant security risks to avoid. To learn more, visit us here.

Network 264