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

CIO

As an IT leader, you deal with balancing benefits and budgets within the rapid pace of technological change every day. Organizations have unique requirements based on infrastructure, budget and specific use case or application needs. The benefits are extraordinary. 5G helps meet these rising needs and deliver better performance.

Network 264
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No Man’s Sky updates are going strong with Starfield around the corner

TechCrunch

With a big-budget space exploration game debuting in days, indie spacefaring mainstay No Man’s Sky continues to deepen its own world with no signs of slowing down. You can showcase the stuff you like in your base with a new projector that makes your HQ on a far-flung planet that much cozier.

Games 201
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Private 5G networks are sparking innovation at the edge

CIO

The shift is underway Most notably, the survey suggests that majority of organizations (95%) have formally quantified or are in the process of quantifying the value of private 5G networks, with 89% already allocating the budget needed for private 5G investment.

Network 264
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Tech Trends Driving Higher Education in 2021 and Beyond

Trigent

Another major deterrent is the cost involved, with 57% of institutions having a separate budget for AI projects. Immersive, engaging, and impactful learning experiences using AR/VR. In this case, the need for real conversations, universities turned to AR/VR that had already made inroads into the classroom.

Education 110
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Extra Crunch roundup: Clubhouse UX teardown, YC Demo Day favorites, proptech VC survey, more

TechCrunch

Almost every private equity and venture capital investor now advertises that they have a platform to support their portfolio companies, “however, most of us don’t have the budget of an Andreessen Horowitz to support almost every major need” for each startup they’ve bet on, says Versatile VC founder David Teten.

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