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Capitalizing on technology budgets: A CIO’s story

CIO

While traditional approaches to bridging the profitability gap, like layoffs and budget cuts, can harm company culture, an innovative and practical alternative is capitalizing on technology budgets. However, it’s important to remember that headcount and budget cuts are not the only strategies to streamline costs.

Budget 147
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Top 8 ways to improve cybersecurity for your organization

CIO

As you plan your security budget, know that your recommendations to improve cybersecurity will be scrutinized more than ever before. No budget is unlimited. Below, I’ll share my most effective strategies for improving cybersecurity across your organization. or “ How long will this take to show results? ”

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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 243
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14 in-demand cloud roles companies are hiring for

CIO

To tackle that, businesses are turning their budgets toward the cloud, with two out of every three IT decision-makers planning to increase cloud budgets in 2024, and nearly a third (31%) reporting that 31% of their IT budget is earmarked for cloud computing, according to the 2023 Cloud Computing Study from CIO.com parent company Foundry.

Cloud 316
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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.

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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. The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. It’s all about uptime and input.

Budget 363
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4 moves CIOs should make to achieve a more efficient IT organization

CIO

The effects of such an unpredictable environment are profound, and no organization in any industry is immune. While investing in technology is key—and becoming more so—this doesn’t mean that CIO budgets won’t come under pressure, both for capital spend as well as for operations and maintenance (O&M). The common thread? The results?