article thumbnail

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. Why was I at this presentation, you ask?

Budget 264
article thumbnail

Selecting a Software Development Company in 2024

TechEmpower CTO

Given this diversity, it's important to be selective in the development services company with whom you choose to partner. In the 25 years that TechEmpower has been in business, we’ve seen thousands of companies come and go. This article will primarily focus on locating and evaluating development companies, rather than design firms.

Insiders

Sign Up for our Newsletter

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

article thumbnail

IT budgets remain solid, despite tech industry headwinds

CIO

A report issued Monday by private investment company Bain Capital indicated that, despite the numerous disruptions to the technology industry—including a global supply chain crisis and Russia’s invasion of Ukraine—most IT decision makers foresee either stable budgets or increases for the coming year. Budgeting, IT Strategy

Budget 342
article thumbnail

Zero-based budgeting: A proven framework for extending runway

TechCrunch

Enter zero-based budgeting. <span <span style="font-weight: 400;">Zero-based budgeting (ZBB) is a budgeting approach that requires companies to </span>build their budgets from zero<span style="font-weight: 400;"> every budget period to verify all of the line items are relevant and cost-effective.</span>

Budget 214
article thumbnail

Success Story: Swiss Insurtech Company Hires a Remote CTO from Ukraine

Hiring top management resources is challenging for any organization no matter the size, and when the local job market is already overheated, companies need to become creative in attracting the top talent.

article thumbnail

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% The year 2023 seems to be no different.

Budget 345
article thumbnail

IT pros say tech budgets to stay strong, but mainly for big companies

CIO

while 61% of large enterprises said that they plan an expansion of IT spending in 2023, just 41% of smaller companies said the same. Counterintuitively, the researchers said, companies more worried about the effects of a possible recession were more likely to have bigger IT spending in their future plans than those who were not.

Budget 246