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5 hot IT budget investments — and 2 going cold

CIO

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. At the same time, they are defunding technologies that no longer contribute to business strategy or growth. The company is embedding AI into each level of the tech stack it sells to customers, he says. “We

Budget 363
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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO

There is a promising surge in the use of AI technologies across various industries. This transition has propelled AI and machine learning to the forefront, with 51% of CIOs identifying these technologies as among their most urgent priorities, alongside cybersecurity, highlighting their crucial role in driving organizational success.

Survey 245
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IT budget shock: Global IT services firms continue to struggle

CIO

Recent financial reports from major global IT services firms have highlighted a concerning slowdown in the industry that could persist, signaling potential changes to hiring and spending plans. Cognizant Technology Solutions announced a full-year revenue forecast below expectations.

Budget 213
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Report: Technical Debt is Costing You More Than You Think

OverOps

A new report from the Consortium for IT Software Quality ( 1 ) covers the cost of poor software quality, shedding light on those topics. ?? Report: Technical Debt is Costing You More Than You Think [link] pic.twitter.com/MHIGkKrXk6. What is Technical Debt? So, what is technical debt? NEW POST ??

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Top 8 challenges IT leaders will face in 2024

CIO

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. He attributes the cautious attitude of tech leaders to elevated inflationary pressures and higher interest rates.

Security 303
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How to get your CFO to buy into a better model for IT funding

CIO

And they want to know exactly how much return on investment (ROI) can be expected when IT leaders make technology-related changes. Continuous and dependable funding facilitates IT leaders’ ability to deliver leading-edge technology solutions while not increasing technical debt. For CFOs, persistent funding can raise concerns.

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TechCrunch+ roundup: Psychedelic investor survey, 6 issues VCs look for, hiring on a budget

TechCrunch

Hiring top startup talent on a budget during the Great Resignation. To learn more about the applications attracting VCs to psychedelics, reporter Anna Heim interviewed five who are active in the sector: Tim Schlidt, co-founder and partner, Palo Santo. Budgeting and planning for your first digital product. Hungry in High Tech.

Budget 208