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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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The extraordinary synergy of wi-fi and 5G in enterprise networks

CIO

That’s because the 5G technology powering your phone remains intact, giving you a reassuring sense of security and an open line of communication with weather updates, friends and family during the storm. As an IT leader, you deal with balancing benefits and budgets within the rapid pace of technological change every day.

Network 258
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Refract raises $8.5M SGD funding, announces new game development division 

TechCrunch

Refract will continue delivering immersive and engaging XR and VR experiences to a growing market of 2.9 To make it accessible to game developers and content creators, Refract’s software suite is compatible with platforms like OpenVR, OpenXR, Unity and Unreal engines, and existing VR systems and applications.

Games 246
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Private 5G networks are sparking innovation at the edge

CIO

For the enterprise, planning edge strategies and reaping their rewards is often a complex and challenging process, with myriad applications to deploy, a proliferation of hardware devices to manage, multiple data types and sources to integrate, and significant security risks to avoid.

Network 257
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Industrial modernization: Becoming future-ready in uncertain times

CIO

Most of these legacy technologies expose businesses to security and vendor lock-in risks since they are based on proprietary standards and demand substantial switching costs.

Industry 239
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22 Digital Transformation Statistics for 2022

Modus Create

Improving cybersecurity posture is the most popular digital initiative for 2022. 32% of American organizations are planning to invest in cybersecurity-related initiates. As a result, digital budgets are often confused with routine operational IT spendings such as servers or existing software development teams.

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Daily Crunch: Bitcoin-demanding cybercriminals use bug from 2021 to initiate global ransomware attack 

TechCrunch

Nursing the health industry back to good labor supply : Labor marketplace ShiftMed says the high fees paid to travel nurses over the past three years have eaten into hospital budgets as burned out nurses leave the industry, Christine reports. It secured $200 million to close the gap in that shortage by taking care of nurses.