CIO

NOVEMBER 18, 2024

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. Even beyond customer contact, bankers see generative AI as a key transformative technology for their company.

Banking 212

Banking Off-The-Shelf Generative AI Budget 212

CIO

AUGUST 22, 2024

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

Budget Strategy Technical Advisors Generative AI 201

TechCrunch

APRIL 27, 2023

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Budget 246

Budget Nonprofit Network Groups 246

CIO

JANUARY 8, 2025

Cloud spending is going up and budgets are tightening, so theyre asking whats going on and how do we right this ship. As VP of cloud capabilities at software company Endava, Radu Vunvulea consults with many CIOs in large enterprises. Between 80 and 85% of the companys IT operations are in the cloud, and he expects it to stay that way.

Cloud 209

Cloud Technical Review Systems Review Budget 209

CIO

JANUARY 2, 2025

When we go into most companies, their backlog of gen AI use cases [is substantial], specifically in the hundreds, he says. Spending still increasing Even with mixed results in the past year, many companies are planning to increase their gen AI spending in 2025 and beyond.

Survey 216

Survey Generative AI Budget Organization 216

CIO

DECEMBER 19, 2024

The company is focused on use-based pricing, with only one customer seat required to administer it, he adds. By pricing based on the underlying costs of compute, latency, and throughput, this model provides clarity on how charges are determined and allows for more precise budgeting, Leo John says.

Budget 193

Budget Artificial Inteligence Fractional CTO Generative AI 193

CIO

NOVEMBER 26, 2024

Budget constraints Barrier: IT modernization requires substantial investment, and budget constraints are a common hurdle. Solution: To address budget constraints, organizations should adopt a strategic approach to funding IT modernization. the world’s leading tech media, data, and marketing services company.

Weak Development Team 183

Weak Development Team Compliance Culture Budget 183

TechCrunch

APRIL 15, 2023

I also have some notes on why your company may want to be like Figma, and how the investing side of the market is adjusting to down rounds being the new normal. It was based on a report data point showing that automation had risen among enterprise budget priorities. Enterprise companies and generative AI: Just looking?

Generative AI 246

Generative AI Enterprise Company Budget 246

CIO

MARCH 26, 2025

This trend aligns with broader European movements, where companies accelerate digital transformation efforts and seek greater operational efficiency through advanced technologies. However, there is a notable decline in organizations maintaining a stable SAP budget, with only 23% keeping spending unchanged compared to 32% in 2024.

Enterprise 133

Enterprise Cloud Budget Study 133

CIO

FEBRUARY 11, 2025

Reframe the conversation Thats when its time for you as CIO to have a tough conversation with the Powers That Be about the IT budget. To fix the challenges we face well need a bigger budget. What will make the conversation so tough? Script it and youll see: You: The IT organization I lead isnt as effective as it needs to be.

Fractional CTO 179

Fractional CTO CTO Weak Development Team Budget 179

CIO

DECEMBER 4, 2024

I am skeptical that the majority of companies will choose to upskill these people” because IT executives “are beholden to the bottom line,” Smith said. The shift is in the way companies are hiring, not how much they are hiring,” Wehniainen said. The rate of new technologies is rapidly accelerating.

Technical Review 193

Technical Review Survey Budget Systems Review 193

CIO

APRIL 10, 2025

More than 90% of IT leaders, in fact, expected their 2025 budgets to increase when surveyed in 2024. Cost transparency and accurate budget forecasting are two major parts of the TBM framework, Guarini says. The US Office of Management and Budget has also pushed agencies to use TBM practices since 2017.

Budget 151

Budget Business Transformation Technology Energy 151

CIO

OCTOBER 24, 2024

We have companies trying to build out the data centers that will run gen AI and trying to train AI,” he says. The tech companies are still having to run flat out.” Free the AI At the same time, most organizations will spend a small percentage of their IT budgets on gen AI software deployments, Lovelock says.

Data Center 200

Data Center Artificial Inteligence Generative AI Artificial Intelligence 200

CIO

DECEMBER 10, 2024

According to AI at Wartons report on navigating gen AIs early years, 72% of enterprises predict gen AI budget growth over the next 12 months but slower increases over the next two to five years. But if all gen AI does is improve productivity, CIOs may be challenged long term to justify budget increases and experiments with new capabilities.

Weak Development Team 215

Weak Development Team Metrics Software Review Technical Review 215

CIO

MARCH 20, 2025

To counter this, Zain employs ethical hackers to scour the dark web for threats targeting the company or its customers. The talent crisis and leadership divide While Middle Eastern organizations plan to boost cybersecurity budgets by 11% in 2025, Setareh stresses that technology alone isnt enough.

Budget 160

Budget Groups Generative AI Organization 160

CIO

JANUARY 13, 2025

To some consumers and businesses, alike it may appear companies are exaggerating the significance of this emerging technology. Those companies that either adopt or expand use of AI will be able to identify and understand every device their customers are using, and the interactions of every channel.

Technology 200

Technology Trends Analytics Compliance 200

CIO

DECEMBER 3, 2024

A lack of AI expertise is a problem, however, when other company leaders often turn to CIOs and other IT leaders as the “go-to people” for solving AI problems, says Pavlo Tkhir, CTO at Euristiq, a digital transformation company. “A Blank says.

Strategy 199

Strategy Fractional CTO Training Artificial Inteligence 199

CIO

FEBRUARY 5, 2025

Large US companies with annual sales of over $1 billion invest 1.45% of their sales in technology and IT. In Europe, large companies invest 10% less in IT, at 1.29% of total sales, according to a report from Capgemini , which interviewed 2,500 decision-makers and business leaders across the globe.

Company 97

Company Recruiting Technology Research 97

CIO

OCTOBER 23, 2024

Ongoing layoffs in the tech industry and rising demand for AI skills are contributing to a growing mismatch in the IT talent market, which continues to show mixed signals as economic factors and the rise of AI impact budgets and the long-term outlook for IT skills. What is driving tech layoffs?

Marketing 195

Marketing Artificial Inteligence Generative AI Artificial Intelligence 195

CIO

APRIL 23, 2025

With the majority of ERP programs running significantly over budget, its time for C-suite leaders to rethink their role. Their decisions directly influence the direction, success, and future of the company. Insufficient oversight increases the likelihood and magnitude of budget overruns and project delays.

Budget 129

Budget Government Programming Systems Review 129

CIO

OCTOBER 24, 2024

Consider 76 percent of IT leaders believe that generative AI (GenAI) will significantly impact their organizations, with 76 percent increasing their budgets to pursue AI. Moreover, this can cause companies to fall short of regulatory compliance, with these data potentially being misused. IT leaders are placing faith in AI.

Artificial Inteligence 192

Artificial Inteligence Artificial Intelligence Generative AI Training 192

CIO

NOVEMBER 27, 2024

In Italy specifically, more than 52% of companies, and CIOs in particular, continue to struggle finding the technical professionals they need, according to data by Unioncamere, the Italian Union of Chambers of Commerce, and the Ministry of Labor and Social Policies. This program has its own planning and also a dedicated budget.

Recruiting 190

Recruiting Training Artificial Intelligence Artificial Inteligence 190

CIO

FEBRUARY 19, 2025

If 2023 was the year of experimentation with gen AI, 2024 was when companies zeroed in on use cases and started putting pilot projects into production. Only 14% say theyre losing money, and 66% of companies plan to increase their AI investments compared to 5% that plan to decrease it. And then there are guardrail considerations.

Google Cloud 206

Google Cloud Survey CTO Coach Software Development 206

CIO

APRIL 15, 2025

Moreover, even as CIOs spend more on cloud services than they have budgeted for, they seem to believe operating workloads on premises would be even more expensive, Sellers says. In a Jevons paradox, resources that tend to get cheaper over time can simultaneously experience higher levels of consumption, thus driving up spending.

Cloud 133

Cloud Budget Survey Education 133

AWS Machine Learning - AI

NOVEMBER 1, 2024

To manage their generative AI spend judiciously, organizations can use services like AWS Budgets to set tag-based budgets and alarms to monitor usage, and receive alerts for anomalies or predefined thresholds. This tagging structure categorizes costs and allows assessment of usage against budgets.

Generative AI 142

Generative AI AWS Artificial Inteligence Budget 142

CIO

APRIL 30, 2025

Cloud architect jobs will continue to be in demand as AI adoption continues to grow, and companies continue to scale AI models. Others will find themselves on a management path, leading teams of cloud architects and engineers, ensuring they stay on track and budget when it comes to cloud infrastructure.

Cloud 163

Cloud AWS Azure Disaster Recovery 163

CIO

APRIL 21, 2025

Rising IT infrastructure prices could balloon budgets and force CIOs to delay or prioritize the most important projects, says Mark Moccia, a vice president and research director at Forrester. Its going to be a tough year for banks to meet our budget and [be] where we want to be as an organization due to the uncertainly around tariffs.

Technical Review 124

Technical Review Systems Review Budget Banking 124

TechCrunch

FEBRUARY 20, 2021

Despite this nebulous, disconnected reality, companies are paying more attention to various channels as remote work and digital communication powers our days. As the “aha” moment of community continues , Commsor is a solution to help community managers prove that they’re not wasting the budget, and outcomes. Sign up here.

Budget 340

Budget Artificial Inteligence Artificial Intelligence Research 340

CIO

NOVEMBER 4, 2024

It’s going to change the relationship customers have with the company because Broadcom’s focus is on running as efficiently as possible,” said Rajiv Ramaswami, president and CEO of Nutanix, in an April 2024 episode of Bloomberg’s Tech Disruptors podcast. Nearly half indicated that implementing hybrid IT is a top priority for their CIO.

Data Center 166

Data Center Journal Storage Strategy 166

TechCrunch

OCTOBER 13, 2021

In March 2020, the company made headlines for laying off nearly 300 employees in the face of a slowdown in business related to the pandemic. We realized quickly that we needed to meet the needs of our customers to manage not only travel spend, but all employee spend of company money,” Cohen told TechCrunch. “We billion valuation.

Fintech 350

Fintech Travel Hotels Budget 350

CIO

MAY 19, 2025

The move is a major enterprise transformation with many moving parts, as well as significant implications for data, customizations, and budgets, not to mention cloud adoption where appropriate. And thats not without outside help, as 98% of companies surveyed enlisted an external partner.

Technical Advisors 170

Technical Advisors System Cloud Survey 170

CIO

NOVEMBER 4, 2024

Companies are seeking ways to enhance reporting, meet regulatory requirements, and optimize IT operations. As budgets tighten, AI will soon face the same financial scrutiny as other IT investments. Sustainability and ESG are not off the AI table ESG is now a critical business imperative.

Infrastructure 193

Infrastructure Marketing Data Artificial Inteligence 193

CIO

MARCH 3, 2025

But I remind tech leaders that one of the biggest line items in any organization is the IT budget. Old rule: Advance by becoming CIO at a bigger company New rule: Aim to become COO or CEO Since the earliest days of the role, CIOs who wanted to advance their careers as IT execs moved to the CIO post at bigger companies.

Leadership 204

Leadership Training Strategy Technology 204

Luis Goncalves

APRIL 11, 2025

Start-up Distinction Before implementing scaling strategies, understand where your company sits on the scale-up vs. start-up spectrum. These terms represent fundamentally different phases in a company’s evolution. Companies maintaining agility during scaling can seize opportunities rigid organizations miss.

Weak Development Team 165

Weak Development Team Technical Review Sustainability Systems Review 165

CIO

MARCH 13, 2025

growth in ICT budgets specific to Italy, mostly in line with recent trends. Managing change and transformation Paolo Sicca, group CIO of manufacturing company Industria Grafica Eurostampa, is an example of how his role is evolving. The products for digitalization are the same that many other companies adopt, including BI.

Change Management 176

Change Management Training Insurance Innovation 176

TechCrunch

FEBRUARY 28, 2022

When the company raised the first part of its Series B, it raised $112 million at a $570 million valuation. The company wants to replace multiple services in the B2B payment stack with a single, unified platform. The startup lets you set up rules, budgets and an approval workflow.

B2B 289

B2B Budget Banking Virtualization 289

TechCrunch

SEPTEMBER 17, 2021

Rhys Spence is head of research at Brighteye Ventures, a European edtech-focused fund, where he works with portfolio companies to help address priorities, with a focus on internationalization. One of the most common themes Brighteye sees in young companies is an emphasis on international expansion for growth. Rhys Spence. Contributor.

Survey 359

Survey Fintech Education Marketing 359