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Selling insurance is hard, but that’s not bad news for insurtechs

TechCrunch

B2C When I reached out to investors recently for our latest insurtech survey , I was curious to know how the economy was affecting insurance purchase decisions and whether this made B2B companies more appealing to VCs than their B2C peers. But is it actually the case?

Insurance 273
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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. Related: 6 tips for making the most of a tight IT budget Budgeting, IT Leadership, IT Strategy

Budget 363
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TC+ roundup: Silicon Valley Bank fails, fintech VC survey, B2B growth tools

TechCrunch

To protect SVB’s former customers, who have around $175 billion in deposits, the Federal Deposit Insurance Corporation (FDIC) transferred assets to a new entity: the Deposit Insurance National Bank of Santa Clara. Insured customers who deposited $250,000 or less will have access to their money on Monday morning, according to the FDIC.

B2B 229
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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. In 2024, LinkedIn surveys show that half of all Americans want to change jobs. The average cost of a data breach is $4.64

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Many CIOs are better equipped to combat rising IT costs. Are you?

CIO

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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What your CFO really needs in periods of economic uncertainty

CIO

Keep tabs on the keep the lights on (KTLO) budget If you fall on hard times in your personal life, you pay for your mortgage, health insurance, and groceries first to cover the necessities: shelter, security, and food, respectively. What are the necessities in your IT budget to keep the lights on (KTLO)?

Budget 246
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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.