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In a world where business, strategy and technology must be tightly interconnected, the enterprise architect must take on multiple personas to address a wide range of concerns. These include everything from technical design to ecosystem management and navigating emerging technology trends like AI.
Allison Xu is an investor at Bain Capital Ventures, where she focuses on investments in the fintech and property tech sectors. Debates ensued over whether the construction industry’s seven million employees should be considered “essential,” while regulations continued to shift on the operation of job sites. A construction tech boom.
Increasingly, however, CIOs are reviewing and rationalizing those investments. Cloud spending is going up and budgets are tightening, so theyre asking whats going on and how do we right this ship. How Mosaics team built the models, as well as how Microsoft architected the solution, helped to keep the project within budget.
The new tariffs will not only drive up tech prices but also disrupt supply chains and weaken global IT spending this year, IDC warned in a blog post. 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.
By evaluating the key stages of your recruitment process against industry standards, you can identify areas of improvement, optimize hiring strategies, and ultimately make better hiring decisions. Industry benchmark: The average Time to Fill can vary by industry, but for tech roles, it can range from 30 to 45 days.
Still, many industry observers disagree about IT hiring for 2025, underscoring the mixed signals around the current state of IT jobs. Amy Loomis, an IDC research VP, is more circumspect about predicting what IT hiring in 2025 will look like due to differences across various verticals. “I “There’s a changing economic landscape.
As systems scale, conducting thorough AWS Well-Architected Framework Reviews (WAFRs) becomes even more crucial, offering deeper insights and strategic value to help organizations optimize their growing cloud environments. This time efficiency translates to significant cost savings and optimized resource allocation in the review process.
Budget planning during uncertain economic times is never CIOs’ favorite activity. For the most part, budgets are holding steady or growing in the single digits, with continued investments in security, analytics, and the cloud, among other areas. But the next eighteen months aren’t shaping up to be as challenging as some may fear.
Like an onion’s skin, recruiters uncover multiple layers in their recruitment process: sourcing, screening, and evaluation to find the best talent with the modern tech recruiting strategies that gel into your organization. Now, you can’t *just* hire tech candidates who are willing to work. You create a job description ?
For CIOs, the message was clear: Efficiency, future-ready technology, and innovative workforce strategies are essential. Our take: CIOs must focus on smart spending rather than indiscriminate budget slashing. Investing in automation technologies can significantly reduce waste and downtime. and Europe.
Learn more about the key differences between scale-ups and start-ups Why You Need a Framework for Scaling a Business Many businesses fail not because of poor products or insufficient market demand, but due to ineffective management of rapid growth. Scaling challenges can overwhelm even promising startups without a systematic approach.
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.
Often, industries that have great potential to be disrupted are also the most resistant to adopting bleeding-edge technology. While legacy sectors like transportation and energy have embraced new tech, innovation in the construction industry has been slow to take hold. With the industry representing about 6.3%
Report: Technical Debt is Costing You More Than You Think [link] pic.twitter.com/MHIGkKrXk6. In the industry as a whole, poor quality software in the US cost an estimated $2.84 What is Technical Debt? Technical debt , like most terms in the technology sector, has a different meaning depending on who you ask.
million to roll out, with a recurring annual budget hit of $8,000 to $11,000 per user. Meanwhile, “traditional” AI technologies in use at the time, including machine learning, deep learning, and predictive analysis, continue to prove their value to many organizations, he says.
By Katie Vasquez The aerospace and defense sectors face a pivotal moment as geopolitical tensions rise, labor shortages increase and technological innovation accelerates, driving demand for modernizing military and aerospace operations. Where investors see traction The defense industry is not just home to established corporate players.
Our clients are often very focused on the hardware side, which requires us to be more diligent when working on the software/firmware side of the project to ensure everything will work together smoothly. How do you assess their requirements, and what information do you need before you can share an estimated project timeline and budget?
Mark Boggett is the CEO and co-founder of the Seraphim Space Manager LLP , the world's first listed fund focused on space tech. Multiple players in the industry have recently set their sights on direct-to-mobile connectivity from space. We see 2023 as the year when the industry embraces quantum capabilities. Mark Boggett.
Why its important: A shorter Time to Hire generally reflects an efficient recruitment process, allowing your team to remain productive and ensuring that candidates dont lose interest due to a lengthy hiring process. Reducing Cost per Hire is crucial in scaling your recruitment efforts without exceeding your budget.
Today’s CIOs must be as dynamic and adaptable as the technologies they champion, navigating through an era of remarkable change within the digital landscape. CIOs lead digital transformation with strategic foresight, technical expertise, and a focus on cybersecurity and customer strategies. So, what do I take from all of this?
Noting that companies pursued bold experiments in 2024 driven by generative AI and other emerging technologies, the research and advisory firm predicts a pivot to realizing value. Forrester said most technology executives expect their IT budgets to increase in 2025.
A new year is quickly approaching, which brings new resolutions — and new budgets. She said companies can “make the most of that” by doing some industry-related research now that can be adapted after the new year for long-form site content and social media campaigns. Lindsay Goldman , strategic advisor, MO Pros.
Maintaining legacy systems can consume a substantial share of IT budgets up to 70% according to some analyses diverting resources that could otherwise be invested in innovation and digital transformation. Features like time-travel allow you to review historical data for audits or compliance.
With the majority of ERP programs running significantly over budget, its time for C-suite leaders to rethink their role. Executive oversight for ERP programs is mandatory and a standard industry practice, particularly in enterprises where senior leadership is accountable for the programs success or failure.
A stronghold of technical concepts is necessary to write about any specific technology. At Merrative, it took us multiple paid trials, hours of recruitment work, and a loss of USD 1000+ with unsatisfactory work to find our first 15 technical writers. Who is a technical writer?
The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. At the same time, they are defunding technologies that no longer contribute to business strategy or growth. The company is embedding AI into each level of the tech stack it sells to customers, he says. “We
Imagine navigating a rapidly changing landscape, where technology seems to evolve at the speed of light and the pressure to keep up is relentless — this is the reality for today’s CIO. Future proofing technology investments has become a critical imperative for organizations seeking to maintain their competitive edge.
The advent of AI services, particularly genAI, has revolutionized various industries, enhancing capabilities and driving innovation. However, the financial complexities posed by these advanced technologies necessitate a robust FinOps strategy to ensure cost efficiency and sustainability.
Generative AI (GenAI) is having a renaissance, but few industries are experiencing this like healthcare. As early adopters, everything from hospital operations and administrative duties, to clinical trials and drug discovery are being impacted by the technology. This article will explore the main findings.
Allegis plugged the gaps by integrating 12 third-party technologies and building custom solutions to give the company the ability to perform tasks such as replenishment and demand planning. Think surgical vs. brute force, and ground decisions as much on growth and strategy as on tech stack considerations,” he says.
This stark reality underscores a critical challenge facing CIOs: building and maintaining a technology portfolio that’s not just cutting-edge but also delivers tangible value. Enter the Technology Investment Matrix — a holistic approach that spans four key phases: exploration, exploitation, evolution, and elimination.
Last week, defense and critical infrastructure tech startup Chaos Industries raised $145 million in a Series B — more than doubling its Series A from just last year. The funding round was just another sign of how defense tech investment has exploded this year. The dollar figure beats out the $2.6 billion Series E in late 2022.
This surge is driven by the rapid expansion of cloud computing and artificial intelligence, both of which are reshaping industries and enabling unprecedented scalability and innovation. Overemphasis on tools, budgets and controls. A more compelling driver like addressing climate change is needed.
And if you’ve added “AI” to your pitch deck only to make it more appealing, here’s some more bad news: FOMO is passé, and duediligence is the new black. Specifically, we are spending time developing our theses around and seeking founders building the next generation of cloud/computing infrastructure, industry 4.0
If this is one aspect of the future of AI, what will be the implications for technology leaders? Beyond the CIO First, no formal request was made to the CIO — the chief information officer — to execute a project, nor were business requirements defined, or even an elaborate budget needed.
For instance, Revolut has introduced AI-enabled budgeting tools, but these mostly categorize expenses instead of adapting dynamically to complex spending behaviors. So, despite being a sector with a strong concentration of AI leaders, fintech like 74% of companies across industries struggles to scale value.
Now that organizations have returned to a new (somewhat) normal, CIOs appear to be focused on getting back to basics — and untangling tech debt incurred in making it through the past few years. Recruiting, retainment, and yes, adoption of lead-edge technology, are back on the radar of IT leaders. How do we get the talent we need?
The advent of new technologies has accelerated the rate of innovation and disrupted the business landscape as we know it. As the pace of innovation speeds up, tomorrow’s front runners are those who readily embrace disruptive technologies to spearhead new business models and capture new avenues of growth.
There is a promising surge in the use of AI technologies across various industries. This transition has propelled AI and machine learning to the forefront, with 51% of CIOs identifying these technologies as among their most urgent priorities, alongside cybersecurity, highlighting their crucial role in driving organizational success.
Tech services provider Logicalis found in its 2024 Global CIO Report that 89% of CIOs reported “actively seeking opportunities to incorporate AI capabilities into their companies,” making it the No. A committee reviews potential projects and expected returns, to ensure the company is pursuing impactful AI initiatives.
2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. He attributes the cautious attitude of tech leaders to elevated inflationary pressures and higher interest rates.
AerCap CEO Aengus Kelly gambled that merging two market leaders in the aircraft leasing industry, one of the biggest M&A deals in recent years valued at around $30 billion, would pay off as the sector bounced back from a slump caused by the pandemic. The main driver for moving to a single cloud provider is skills.
The past year was rough for the techindustry, with several companies reporting layoffs and the looming threat of a recession. But despite the bumpy year, demand for technology skills remains strong, with the US tech unemployment rate dropping to 1.5% as of January. Average salary : US$155,934 Increase from 2021 : n/a 3.
Layoffs in the IT industry are becoming more widespread as companies fight to remain competitive in a fast-changing market; many turn to layoffs as a cost-cutting measure. Last year, 1,000 companies including big tech giants and startups, laid off over two lakhs of employees. What are tech layoffs?
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