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6 tips for making the most of a tight IT budget

CIO

IT leaders seeking to drive enterprise growth through technology investments are often saddled with budgets that make their tasks of increasing the top and bottom lines challenging. Despite an estimated increase to IT budgets of 5.1% on average for 2023, research firm Gartner points to a projected 6.5%

Budget 345
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Aligning security and business strategies

CIO

During the 2008–2009 Global Financial Crisis (GFC) and subsequent recession, researchers noted that cybercrime rates increased dramatically. It attributed the rise to the proliferation of new technologies in regions around the world, with many more people than ever before possessing IT skills.

Security 261
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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023.

Strategy 351
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Seek solutions now to remedy surging cloud costs

CIO

The complexity within IT infrastructures is increasing, as is the pressure on IT budgets to use available funds as smartly and efficiently as possible. This is a key finding of a survey commissioned by Boomi from Forrester Research. Effective cost management in the cloud is, therefore, becoming increasingly important.

Cloud 326
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Get Ready for FutureIT Toronto: A Day of Insight, Innovation, and Inspiration!

CIO

Are you ready to dive deep into the future of technology and leadership? Whether you’re a CIO, CISO, CTO, VP, IT Director, IT Manager or in a similar role within IT leadership, we want you to join us. Join us for FutureIT Toronto on September 24, 2024 — a full day dedicated to AI, data, and all things tech leadership.

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Can the CIO role prevail over AI?

CIO

Andy Thurai, VP and principal analyst at Constellation Research adds that AI is also used to help with budgeting, sourcing, and writing vision statements to present to the board. A focus on strategy Johar and Mandell aren’t the only IT leaders looking forward to their jobs becoming more dynamic as AI continues to evolve.

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Becoming a CTO

Puppies, Flowers, Rainbows and Kittens

They are a director of engineering at a midsize startup and just got their first headhunter inquiry for a CTO role. I realized that while there are some books on technology leadership careers, there aren’t many resources explaining the most senior levels. I’ve been a CTO for five and a half years.

CTO 90