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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. For example, the hospital wants the ability to look at imaging and pathology data so staff can better diagnose patients faster and quicker, he says.

Budget 218
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Digital KPIs: The secret to measuring transformational success

CIO

Do a little research, and you’ll find many frameworks, taxonomies, and recommendations for digital KPIs. Deloitte has a taxonomy of 46 digital transformation value KPIs but acknowledges that 26 are used by fewer than 55% of organizations. Efficiency metrics might show the impacts of automation and data-driven decision-making.

KPI 211
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5 questions startups should consider before making their first marketing hire

TechCrunch

Which channels are proving the most efficient from a customer acquisition, conversion, retention, engagement, whatever your key KPI is, perspective? For example, if you are seeing good results with Instagram ads, hiring a candidate who has expertise in growth marketing makes sense. Do these brands have endless marketing budgets?

Marketing 273
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Are You Using a Cloud Experience to Boost Business Value?

CIO

When Diminishing Returns Become Budget Busters For years enterprises scrambled to build applications in public cloud environments; there was legitimate business value in rapid innovation, deployment and scalability, as well as unfettered access to more geographical regions.

Cloud 189
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Overcome the Challenges of Cloud Optimization & FinOps to Drive Business Value

CIO

Overcoming these challenges goes back to KPIs and OKRs. Organizations must define and track KPIs that meet efficiency and utilization objectives and deliver value-creation. For example, if the goal is to reduce hot storage, a KPI must be defined to meet the efficiency objective and deliver value creation—and it must be measured.

Cloud 137
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A Guide to Detecting and Managing Cloud Cost Anomalies

Mobilunity

These anomalies are critical to identify not only because they can quickly lead to budget overruns but also indicate potential issues in resource management. For example, an incorrectly configured auto-scaling policy might allocate too many costly cloud resources during a low-traffic period, triggering a sudden increase in costs.

Cloud 40
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13 power tips for Microsoft Power BI

CIO

You can also set up the Power BI’s on-premises gateway to explore data sets on your own servers, enabling you compare website visitors with on-prem sales data, for example, to see which promotions brought in new customers. Use a rotating tile or a Power KPI custom visualization to combine multiple report types on a single tile.