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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. Related: 6 tips for making the most of a tight IT budget Budgeting, IT Leadership, IT Strategy

Budget 363
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Digital KPIs: The secret to measuring transformational success

CIO

For example, McKinsey suggests five metrics for digital CEOs , including the financial return on digital investments, the percentage of leaders’ incentives linked to digital, and the percentage of the annual tech budget spent on bold digital initiatives.

KPI 352
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Three predictions for AI and automation business adoption

CIO

As for how Gen AI’s benefits will be measured, Fleming said it depends on each organization’s existing business KPIs (key performance indicators). Some KPIs are tied to customer satisfaction scores or revenue growth. In DevOps, KPIs may be improvements in software quality or time to value.

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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 228
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5 key metrics for IT success

CIO

To name a few — products and services that are delivered on time and on budget, and overall IT ROI.” More on KPIs and metrics: 7 IT metrics that matter most The hard truth of IT metrics Misled by metrics: 7 KPI mistakes IT leaders make Bad metrics are worse than no metrics You’re probably focused on the wrong metrics.

Metrics 350
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IT Governance: le strategie dei CIO che rendono le loro aziende più competitive

CIO

Prima di far evolvere gli applicativi guardiamo agli obiettivi della banca e al livello di servizio da garantire, e ciò viene accompagnato da dati e KPI. Quali KPI ci possono aiutare? Con i numeri, ovvero definendo KPI e con le parole, evitando acronimi e tecnicismi.

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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 317