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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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The art of selling: IT budget approval made easier

CIO

Because as a young CIO, I was struggling with obtaining budget approvals for a range of IT initiatives. A majority of CIOs I speak with dread the budget approval process and breathe a welcome sigh of relief when annual budgeting comes to an end. These days artificial intelligence has the full attention of the C-suite and board.

Budget 265
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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO

CIOs rank AI as a top priority alongside cybersecurity for IT departments. However, barriers such as adoption speed and security concerns hinder rapid AI integration, according to a new survey. There is a sense of urgency to leverage AI effectively, but adoption speed and security challenges are hindering efforts.

Survey 342
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7 enterprise data strategy trends

CIO

Every enterprise needs a data strategy that clearly defines the technologies, processes, people, and rules needed to safely and securely manage its information assets and practices. Guan believes that having the ability to harness data is non-negotiable in today’s business environment.

Trends 363
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The extraordinary synergy of wi-fi and 5G in enterprise networks

CIO

That’s because the 5G technology powering your phone remains intact, giving you a reassuring sense of security and an open line of communication with weather updates, friends and family during the storm. This same principle can help enterprises remain operational and connected during all kinds of internal and external “storms.”

Network 265
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Cybersecurity Funding Shows Resilience In Q1

Crunchbase News

Venture funding overall was still sluggish , but cybersecurity startups saw some love from investors in the first quarter of 2024. To be sure, this is not the salad days of 2021 — cybersecurity funding was still down year to year — but the sector saw its best funding quarter in three quarters. billion valuation.

IoT 116
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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.