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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
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Prioritizing cloud security: Allocating the majority of CIOs’ cyber budgets

CIO

CIO’s cybersecurity budget allocations are too spread out across a myriad of single solutions. Cyber budgets get stretched too thinly across single solutions when they should match the organization’s IT and software spending priorities. the majority of its cybersecurity budget should go to protecting these investments.

Budget 234
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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. This technology will help our customers get started quicker and will also allow us to reach more people.”

Budget 362
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DTN’s CTO on combining IT systems after a merger

CIO

Over the years, DTN has bought up several niche data service providers, each with its own IT systems — an environment that challenged DTN IT’s ability to innovate. “We Very little innovation was happening because most of the energy was going towards having those five systems run in parallel.”. The merger playbook.

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ST Engineering showcases applications of new technologies to stay ahead of disruption

CIO

The advent of new technologies has accelerated the rate of innovation and disrupted the business landscape as we know it. As the pace of innovation speeds up, tomorrow’s front runners are those who readily embrace disruptive technologies to spearhead new business models and capture new avenues of growth.

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Why Tomago Aluminium reversed course on its cloud journey

CIO

Tomago Aluminium is an industry giant in the Asia-Pacific region, and as IT superintendent, Dennis Moncrieff is responsible for leveraging the right technologies to make the process of producing aluminum more efficient. This conundrum is what motivated Tomago to migrate its ERP system to the cloud back in 2015.

Course 257
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Assembly required: 8 myths about knowledge management debunked

CIO

Medtronic engineers, senior leaders, and scientists combine this customer-provided information with other information about government regulations, manufacturing processes, and new technology to revise long-term strategies, R&D budgets, and capital investment plans. But a tension exists between these functions.

Budget 250