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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.

Budget 199
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Solving the tech debt problem while staying competitive and secure

CIO

Interestingly, despite the significance of technical debt as a cost concern and an inhibitor to improving security and implementing innovation (like AI), it ranks much lower on the list of immediate priorities for many organizations (20%). For CIOs, balancing technical debt with other strategic priorities is a constant challenge.

Security 148
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Aware of what tech debt costs them, CIOs still can’t make it an IT priority

CIO

It’s among CIOs’ most persistent and underdiscussed challenges: embracing innovative technologies without losing sight of mounting — and potentially crippling — technical debt. CIOs at organizations launching AI projects should deal with their data debt before moving forward, he advises. It’s like a truth serum,” he says. “AI

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10 top priorities for CIOs in 2024

CIO

Strike a balance between innovation and operational excellence In an era of creative disruption, Orla Daly, CIO at business and technical skills training firm Skillsoft, believes that IT leaders in 2024 should concentrate on achieving balance among their myriad initiatives, favoring innovation and “keep the lights on” work in turn.

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12 ways to maximize your cloud investments

CIO

“Many enterprises are getting some unwelcome sticker shock surprises for their cloud services that are coming in much higher than estimated and blowing up the business cases they used to justify their program in the first place,” says Andy Sealock, senior partner in the advisory and transformation practice at West Monroe.

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TechCrunch+ roundup: TAM takedown, green card layoffs, when to ignore investor advice

TechCrunch

Several months later, we’ve since learned that cutting marketing budgets doesn’t make early-stage startups healthier, but it is a great way for VCs to reduce burn rates across their entire portfolio. “Show investors how you are going to build an ever-expanding cadre of delighted customers,” Reichert advises.

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What is a business analyst? A key role for business-IT efficiency

CIO

Business analysts need a “strong understanding of regulatory and reporting requirements as well as plenty of experience in forecasting, budgeting, and financial analysis combined with understanding of key performance indicators,” according to Robert Half Technology.