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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% The year 2023 seems to be no different.

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5 hot IT budget investments — and 2 going cold

CIO

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. Businesses are exploring new ways to apply low-code data science to unlock insights on how to improve processes, says Matt Mead, CTO at tech modernization firm SPR. “AI

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Becoming a CTO

Puppies, Flowers, Rainbows and Kittens

They are a director of engineering at a midsize startup and just got their first headhunter inquiry for a CTO role. I realized that while there are some books on technology leadership careers, there aren’t many resources explaining the most senior levels. I’ve been a CTO for five and a half years.

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Selecting a Software Development Company in 2024

TechEmpower CTO

Do they have experience with the technologies involved in your project? Were they finished on time and on budget? Budget and Deadlines: Determine if budgeting and deadlines are flexible. How does the percentage of their projects launched on-time and on-budget compare to upfront estimates? cto , product , saas

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

While some businesses choose the strategy of improving their HR brand, extending the number of employees' perks and increasing the hiring budgets, other companies decide not to fight for the resources in the red ocean and open for themselves the alternative of hiring dedicated resources overseas.

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What is a CTO? The exec who sets tech strategy

CIO

What is a CTO? The chief technology officer (CTO) is the senior executive who focuses on the technological requirements, opportunities, and challenges within an organization. What does a CTO do? What does a CTO do? Years ago, the CTO most often led the infrastructure function.

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Chief AI officer: What it takes to land the C-suite’s hottest new job

CIO

Ozzie Coto, chief AI officer and CTO at The Cult Branding Co., Coto co-founded the company, served as its initial chief technology officer, and was later tasked with overseeing AI investments as well. Some will state that they go by the CEO/CFO-set budget, and still seek sign-off at the board level.

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