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5 hot IT budget investments — and 2 going cold

CIO

Fifty-two percent of organizations plan to increase or maintain their IT spending this year, according to Enterprise Strategy Group. This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%).

Budget 363
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Generative AI gold rush drives IT spending — with payoff in question

CIO

A scramble to invest in artificial intelligence and a natural replacement cycle for computing devices purchased during the COVID pandemic will lead to an 8% increase in global IT spending this year, Gartner predicted. In other words, CIOs are likely to be apportioning more budget toward speculative initiatives less likely to pan out.

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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. Germany has always been at the forefront of technological and innovative change, Smith said, and this is also evident in terms of AI when he analyses the data available to Microsoft.

Cloud 328
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5 things CIOs must understand about AI infrastructure

CIO

But getting from potential to profitability does not come without risks, such as assuming that your established processes for deploying mainstream enterprise IT infrastructure will work in the new era of complex AI superclusters. Artificial Intelligence Generative AI has captured everyone’s attention — and for good reason.

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How strategic partnerships are the key to AI-driven innovation

CIO

But things have gotten a little more complicated now, as the large-scale roll-out of generative artificial intelligence (GenAI) has introduced the need for a multidisciplinary approach to innovation. According to an EXL Enterprise AI study , 74% of C-level leaders say data silos have been a barrier to enterprise-wide AI implementation.

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Kyndryl bets on partnerships, consulting arm to redeem itself

CIO

However, according to Slaga, the next phase of growth for Kyndryl Consult will continue to come from regular projects, such as modernizing IT, modernizing applications, moving to a new data center, and moving to a cloud-native architecture, as the practice leader believes that enterprises are still far away from implementing generative AI.

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4 moves CIOs should make to achieve a more efficient IT organization

CIO

So when it comes to securing funding and resources from the board, is the CIO put in the box seat if technology is at the center of investment strategy? Optimize cloud spend It’s a good time for CIOs to conduct a financial health check on their technology budget. Given this, the CIO should become the driver of enterprise automation.