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IT budgets should increase in 2024, but it still could be tough going for startups

TechCrunch

What does it all mean for startups entering 2024? It means they have to prove their worth more than ever. © 2023 TechCrunch. All rights reserved. For personal use only.

Budget 315
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Banks bet on AI to deliver digital efficiencies

CIO

In the face of shrinking budgets and rising customer expectations, banks are increasingly relying on AI, according to a recent study by consulting firm Publicis Sapiens. In addition, budget constraints were cited as an obstacle by 32% of executives.

Banking 212
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The outlook for startups in 2024 is hazy

TechCrunch

Even though the economy is signaling a bit of a bounce-back, 2024 might not be much better than 2023 when it comes to startups sharing a piece of the budget pie. © 2023 TechCrunch. All rights reserved. For personal use only.

Budget 263
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Companies look to sell off assets to pay for AI investments

CIO

Until now, many companies have cut costs in other areas, laid off staff, or raided the budgets of other departments to pay for AI projects. If you look at 23 and 2024 you had a lot of budget increases, you had a bunch of layoffs over the last couple of years, and not something thats sustainable.

Company 195
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Moderate IT budget increases have CIOs shaping 2025 strategies to suit

CIO

Despite those complications, a huge majority of IT leaders expect their organizations’ IT budgets to increase — at least moderately — in the next fiscal year, with IT talent and software spending leading the way. Talent, software spending lead the way According to Forrester’s guide, personnel accounts for nearly 35% of IT budgets.

Budget 201
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SAP adoption surges in Europe as enterprises embrace cloud

CIO

IT budgets expand, SAP investments show mixed trends The report indicates that 40% of companies in the DACH region (Germany, Austria, Switzerland) are increasing their overall IT budgets, while SAP-specific investments are rising for 47% of enterprises.

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Reflections from Climate Week 2024: Why workplace services deserve a bigger slice of sustainability budgets

Capgemini

Reflections from Climate Week 2024: Why workplace services deserve a bigger slice of sustainability budgets Alan Connolly 10 Oct 2024 Facebook Twitter Linkedin As sustainability budgets grow, many companies are making significant investments in decarbonization, renewable energy, and broader environmental initiatives.