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With IT spending forecast to rise in 2023, what does it mean for startups?

TechCrunch

Sure, the tried and true may have solid balance sheets, but they also perhaps stagnated in the idea department sometime around 2012. CIOs need to balance established players with startups as they set their IT budgets for next year. Startups building essential services in an innovative way should have fewer worries.

Budget 230
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Want to tackle technical debt? Sell it as business risk

CIO

A recent example is Windows Server 2012, which was sunsetted by Microsoft in October 2023. Windows Server 2012 is not alone. Reframing technical debt There is no magic potion that can eliminate all technical debt, but technical debt can be attacked via budgeting if technical debt is not just perceived as upgrading IT infrastructure.

Budget 193
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Illinois is taking a data-driven approach to its mask-wearing ad campaign

TechCrunch

To achieve this, the government’s been working with Civis Analytics , the data science company founded by Dan Wagner , who was previously chief analytics officer for Barack Obama’s 2012 reelection campaign. Pritzker’s team, who then use it to determine where ad dollars for the It Only Works If You Wear It campaign should be spent.

Data 256
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CIOs must address IT’s perceived value problem

CIO

Looking ahead to the 2025 budget season my futurist colleagues forecast a drama-rich street fight for enterprise IT resources. With 2025 budgets expected to be tight, IT must have its “value story” ready. Is this too much to ask? I surveyed 30 senior technology executives asking the open-ended question, “Does IT have a value problem?”

Budget 192
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Storm in the stratosphere: how the cloud will be reshuffled

Erik Bernhardsson

AWS licensed their technology , rebranded it Redshift, and launched in 2012. If you looked at Redshift in 2012, there was a lot of things that favored it. If that customer switches their $1M/year budget to Snowflake, then about $400k 7 goes back to AWS, making AWS about $200k in gross profits. Enter Snowflake.

Cloud 351
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YC-backed Deskimo, an on-demand coworking space app, launches in Singapore and Hong Kong

TechCrunch

Back in 2012, people were saying that food ordering is not going to work online, people just order on the phone or in person,” Cohen said. Each person gets a monthly budget on Deskimo, and their employers are only billed for the time they spend at a space. Deskimo app’s QR code.

Hotels 271
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Singapore-based e-commerce platform Carousell lays off 10% of staff

TechCrunch

In the statement, the company’s leaders had discussed finding ways, including moving to an inexpensive rental office and slashing co-founders and executives’ salaries voluntarily to save budgets without cutting staff. But that was “far from enough,” it said. . million since its inception, per Crunchbase. .