Remove Budget Remove Insurance Remove Strategy Remove Training
article thumbnail

IT leaders adjust budget priorities as economic outlook shifts

CIO

Budget planning during uncertain economic times is never CIOs’ favorite activity. For the most part, budgets are holding steady or growing in the single digits, with continued investments in security, analytics, and the cloud, among other areas. But the next eighteen months aren’t shaping up to be as challenging as some may fear.

Budget 329
article thumbnail

Selling the C-suite on preemptive IT investments

CIO

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. Others include preparation for zero-day attacks, almost anything having to do with data stewardship, as well as IT training and social engineering audits.

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

CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO

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.

Strategy 304
article thumbnail

How strategic partnerships are the key to AI-driven innovation

CIO

Building an effective GenAI strategy is about much more than launching a point solution or siloed group of tools that only work for one part of the business. In fact, there are five key areas CIOs need to consider when developing an enterprise GenAI strategy, all of which become much more achievable with the right partnerships in place.

article thumbnail

10 top priorities for CIOs in 2024

CIO

To stay on top of both old and new challenges, IT chiefs should evaluate their current business and technology strategies and, when necessary, adjust them to address rapidly evolving technology, business, and economic practices. Doing so requires a robust data management strategy.

article thumbnail

Five Strategies to Cut Costs as a New Business

Strategy Driven

Here are five strategies to help you cut costs as a new business, which one will you try first? Stick to Your Budget Every business owner knows the importance of their annual budget, helping them to plan for the year and, hopefully, yield good profits. If not, then this could be costing your small business quite a bit of money.

article thumbnail

Customer Loyalty In Insurance: Technologies and Strategies To Retain and Keep Customers Loyal

Altexsoft

Insurance companies find it difficult to attract new customers and retain them, especially when almost every insurer offers the same service or product. It’s also challenging since insurance is a low-touch industry, and insurers seldomly interact with their customers. The customer loyalty problem in insurance.