article thumbnail

Zero-based budgeting: A proven framework for extending runway

TechCrunch

Enter zero-based budgeting. <span <span style="font-weight: 400;">Zero-based budgeting (ZBB) is a budgeting approach that requires companies to </span>build their budgets from zero<span style="font-weight: 400;"> every budget period to verify all of the line items are relevant and cost-effective.</span>

Budget 214
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% It took some time for me to realize how to make the right tech choices.

Budget 345
Insiders

Sign Up for our Newsletter

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

article thumbnail

How To Properly Cut Your Cybersecurity Budget

Ooda Loop

Cybersecurity is one of those areas where cost cutting must be done with forethought. Cut the wrong things and it can lead to catastrophic results including government fines, criminal penalties and loss of customer confidence. Cut the right things and key risks can still be mitigated and they can be mitigated more efficiently.

Budget 130
article thumbnail

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

Budget 363
article thumbnail

Build or Buy an LMS? How to Pick the Right Solution for Your Budget

This guide from Lambda’s eLearning experts details absolutely everything you need to consider so you can pick the perfect eLearning solution for your organization and budget. When it comes to picking your next LMS that six-letter word is probably the most important part of the decision-making process. Build it or buy it.

article thumbnail

How to get your CFO to buy into a better model for IT funding

CIO

In contrast, traditional organisations use a project-based approach to delivery, with temporary teams created on an as-needed basis for a specific purpose with budgets based on up-front funding estimates. If the scope is clear and easy to define up-front, it’s a great way to keep everyone on track and ensure teams are delivering to budget.

article thumbnail

TechCrunch+ roundup: 7 VCs who are taking pitches, AI best practices, zero-based budgeting

TechCrunch

If you’re an investor who wants to be included in future columns, email guestcolumns@techcrunch.com with “How to pitch me” in the subject line. Thanks very much to everyone who took the time to respond to these questions in such detail. There’s plenty of tactical advice here, and much more to come.

Budget 230
article thumbnail

Discover How Senior Technology Leaders Can Secure the Budget That They Need

Speaker: Kevin Goldsmith, Chief Technology Officer at Anaconda | Peyman Pouryekta, CEO and Technology Advisor | Bob Webber, VP Product Flow Optimization, Construx

In order to successfully instruct and manage their teams, they must know how to evaluate tools, advocate for resources, and allocate them to the appropriate teams. By the end of this session you will learn how to: Strategically invest in technology. Quantify the value of the software that engineering produces.

article thumbnail

Achieve Manufacturing Digital Transformation

Smart manufacturing represents roughly 27% of the average annual digital transformation budget for engineering-oriented manufacturers. Read this report to learn how to merge digital information with your physical environment and reap the rewards of smart manufacturing.

article thumbnail

Personalize Your User Experience Using Behavior Change Science

Speaker: Amy Bucher, Ph.D., Vice President of Behavior Change Design, Mad*Pow

How to determine the data needed to effectively personalize a product. Best practices for personalization that fit timeline and budget while empowering users. Are you looking for a good read and tips on how to make your products both captivating and effective? The benefits of personalization as a way to connect to motivation.

article thumbnail

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.