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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.

Budget 363
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11 ways to reduce your IT costs now

CIO

“The net result is that some organizations’ technology debts are growing faster than anything else and robbing them of their budgets and ability to innovate.” The need to reorient IT’s budget toward future opportunities is one big reason CIOs are reviewing their IT portfolios now. But it’s not the only one.

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5 ways to maximize your cloud investment

CIO

No IT organization wants to get caught short on processing or storage resources that could negatively affect operations, or have to suddenly add resources that exceed the budget. In this way, you can take advantage of the cloud’s agile, on-demand approach with unlimited capacity without breaking the budget. Then there’s housekeeping.

Cloud 312
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Filevine raises $108 million for tools that streamline legal workflows

TechCrunch

Filevine , a startup offering a software-as-a-service product for legal case management, today announced that it closed a $108 million series D round led by StepStone Group with participation from Golub Capital and existing investors Signal Peak Ventures and Meritech Capital. software-as-a-service market.” Roughly $1.4

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8 pressing needs for CIOs in 2024

CIO

One of Lenovo’s priorities is examining and evaluating the benefits of new AI tools and determining where the value in AI lies for the wider business, says Art Hu, SVP, CIO, and chief technology and delivery officer, solutions and services group at Lenovo.

Security 349
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SirionLabs lands $85M to inject contract management with automation

TechCrunch

The opportunity is often worth the investment, but without close contract governance, businesses stand to lose up to 40% of a contract’s value, a KPMG survey found. Agrawal’s newest venture is SirionLabs , which comines AI technologies like natural language processing to import and organize contracts, negotiations, and contract review.

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SaaS software: 7 industries in which it has made an immense impact

Openxcell

In recent years, it has been possible to operate the whole business offsite using SaaS or Software-as-a-Service. Software as a service (SaaS) entitles users to connect to and utilize cloud-based applications via the Internet. It provides a whole software package one can buy from a cloud service on a pay-as-you-go basis.