CIO
FEBRUARY 13, 2023
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. This applies to his IT group as well, specifically, in using AI to automate the review of customer contracts, Nardecchia says.
CIO
NOVEMBER 8, 2023
Inflation may have dropped from its high in 2022, but the price pressures on IT budgets have continued unabated. Forty-one percent of the CIOs in the survey said they’ve changed their cycle for revisiting IT budgets to at least every month, says Tony Olvet, IDC’s VP of worldwide C-suite and digital business research. Here’s how.
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CIO
MARCH 18, 2024
DORA puts a heavy focus on financial organizations in the EU – from banks to insurance companies – but those are not the only businesses that will need to adhere to the policy. Any business that works with EU-based banks, insurers, or financial organizations will also need to maintain compliance, even if they are not actually based in the EU.
CIO
MARCH 12, 2024
But disaster recovery is just one example of projects that are of an important and preemptive nature that CIOs want to fund but find de-prioritized when it comes to budget approval. Budgeting, Business Continuity, Data and Information Security, Disaster Recovery, IT Leadership, IT Strategy The average cost of a data breach is $4.64
Tenable
SEPTEMBER 29, 2023
After double-digit growth in the past two years, cybersecurity budgets expanded more modestly in 2023. 1 - Cybersecurity budgets grow, but less than in years past Cybersecurity teams on average saw an increase in their 2023 budgets, but the bump was much smaller than in previous years, as organizations across the board reined in IT spending.
CIO
DECEMBER 5, 2023
“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.
CIO
NOVEMBER 2, 2023
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. growth experienced in 2022.
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