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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% Despite an estimated increase to IT budgets of 5.1%

Budget 345
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Aligning security and business strategies

CIO

To keep ahead of cybercriminals, organizations must remain agile, pivoting to embrace new strategies and technologies whenever necessary in order to outrun attacks. This is the time when many CFOs trawl through every line item in the budget, looking for potential savings. 1 That’s a number no CFO would want to ignore.

Security 252
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5 hot IT budget investments — and 2 going cold

CIO

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. At the same time, they are defunding technologies that no longer contribute to business strategy or growth. And there’s a labor shortage in those industries so [the focus is on] more automation and more AI.”

Budget 363
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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023.

Strategy 339
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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. Here’s a quick rundown of seven major trends that will likely reshape your organization’s current data strategy in the days and months ahead.

Trends 363
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Chief AI officer: What it takes to land the C-suite’s hottest new job

CIO

They should be able to work collaboratively with many departments in developing AI strategy and vision, and they should be able to design and target relevant business use cases, assess project outcomes, and measure ROI in each case. What is a chief AI officer? Ozzie Coto, chief AI officer and CTO at The Cult Branding Co.,

CTO 321
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Top 9 challenges IT leaders will face in 2023

CIO

One thing that is clear is we will need to partner and work across industries to solve truly big problems that all organizations are facing.” Hiring and retaining the best people with the right skills is always the best strategy to improve overall performance.” How do you future-proof your business in the face of so much uncertainty?