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IT leaders adjust budget priorities as economic outlook shifts

CIO

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.

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5 hot IT budget investments — and 2 going cold

CIO

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

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Filevine raises $108 million for tools that streamline legal workflows

TechCrunch

CEO Ryan Anderson said that the proceeds will be put toward pursuing new market opportunities, specifically in the nonprofit, insurance, and public sectors, and “further evolv[ing] the [Filevine platform] to meet changing legal demands.” ” Legal tech suite. ” Legal tech suite.

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After a record year for Israeli startups, 16 investors tell us what’s next

TechCrunch

Now tech companies across industries are poised for an even better year, according to more than a dozen investors we talked to in the country. Subscribe to access all of our investor surveys, company profiles and other inside tech coverage for startups everywhere. Tech investors must make sure that Israel is part of their portfolio.

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Top Technology Trends in the Insurance Industry that Drive Growth and Innovation

Mobilunity

PRO TIP Insurers must act now: getting tech capabilities to the needed state will take years, and the industry is approaching a tipping point in which structures will shift very quickly. However, technology implementation still poses challenges. Here are a few use cases of how AI facilitates insurance workflows.

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Many CIOs are better equipped to combat rising IT costs. Are you?

CIO

Inflation may have dropped from its high in 2022, but the price pressures on IT budgets have continued unabated. The technology talent gap continues to inflate labor costs, too, despite big layoffs in high tech, CIOs say, and they’ve seen double-digit increases in SaaS and cloud costs over the last two years. Here’s how.

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11 ways to reduce your IT costs now

CIO

IT leaders have always needed to exercise fiscal responsibility while meeting business demands for technology. The net result is that some organizations’ technology debts are growing faster than anything else and robbing them of their budgets and ability to innovate.” But it’s not the only one.