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Capitalizing on technology budgets: A CIO’s story

CIO

While traditional approaches to bridging the profitability gap, like layoffs and budget cuts, can harm company culture, an innovative and practical alternative is capitalizing on technology budgets. However, it’s important to remember that headcount and budget cuts are not the only strategies to streamline costs.

Budget 162
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5 hot IT budget investments — and 2 going cold

CIO

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). CIOs anticipate an increased focus on cybersecurity (70%), data analysis (55%), data privacy (55%), AI/machine learning (55%), and customer experience (53%).

Budget 363
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How strategic partnerships are the key to AI-driven innovation

CIO

Innovate or die,” Peter Drucker’s 1985 exhortation on the importance of constant reinvention, was great business advice for the last 40 or so years. Budgets to build new innovations It’s always a challenge to find the budget to build new innovations and platforms when the primary focus of the CIO is to keep the business running.

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Top 5 Security Trends for CIOs

CIO

Explosive technology innovations. Cybersecurity cannot stand still, or the waves of innovation will overrun the shores. Adversaries continue to innovate. Multifactor authentication fatigue and biometrics shortcomings Multifactor authentication (MFA) is a popular technique for strengthening the security around logins.

Trends 317
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Cybersecurity Snapshot: SANS Offers Tips for Maximizing Smaller OT Security Budgets

Tenable

A SANS Institute survey found that budgets for ICS/OT security have shrunk, and advises on how to do more with less. In addition, CISA’s Cybersecurity Awareness Month campaign challenges tech vendors to build safer products. Essentially, budgets are down in just about every category we analyzed,” the SANS Institute report reads.

Budget 65
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Why IT leaders are putting more business spin on security spend

CIO

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going.

Security 279
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Avoid generative AI malaise to innovate and build business value

CIO

However such fear, uncertainty, and doubt (FUD) can make it harder for IT to secure the necessary budget and resources to build services. This could lead to more shadow AI , which could lead to more security threats and a wider attack surface. But how do you get there? This playbook can help. Reach consensus on strategy.