article thumbnail

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

CIO

However, barriers such as adoption speed and security concerns hinder rapid AI integration, according to a new survey. Of the 750 CIOs around the world surveyed by Lenovo, 81% said they are already leveraging third-party AI Tools or deploying a mix of third-party and proprietary AI. Artificial Intelligence

Survey 323
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% Despite an estimated increase to IT budgets of 5.1%

Budget 344
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Enterprise companies and generative AI: Just looking?

TechCrunch

This week, I am diving deeper into what generative AI means, or doesn’t mean, for enterprise buyers. It was based on a report data point showing that automation had risen among enterprise budget priorities. Enterprise companies and generative AI: Just looking? Want it in your inbox every Saturday? Sign up here.

article thumbnail

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. IDC is forecasting a 5.1%

Budget 363
article thumbnail

8 IT spending trends for the post-pandemic enterprise in 2022

TechCrunch

Erik Bradley brings more than two decades of experience in creating research platforms to his role as chief strategist at ETR, a market research firm specializing in enterprise technology data. For our latest survey, we polled 1,200 IT leaders, representing roughly $570 billion in annual IT spending. Share on Twitter.

article thumbnail

Marketing When Budgets Are Down

Harvard Business Review

The general rule of enterprise finance is that marketing budgets drop like a stone at the first sign of trouble and rise like a feather once the environment is more settled. It’s tough to see a significant increase in marketing budgets in the near term.

Budget 99
article thumbnail

Despite Downturn, Enterprise IT Budgets Remain Intact

DevOps.com

A survey of 137 IT operations leaders at companies in the U.S with at least 500 employees and an annual IT budget in excess of $5 million finds a surprising amount of resiliency at the beginning of the COVID-19 pandemic. Conducted April 1 by OpsRamp, a provider of IT operations tools, the survey finds more […].

Budget 136