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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. This applies to his IT group as well, specifically, in using AI to automate the review of customer contracts, Nardecchia says.

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Why Tomago Aluminium reversed course on its cloud journey

CIO

This conundrum is what motivated Tomago to migrate its ERP system to the cloud back in 2015. The version of their SAP ERP system was out of support and the SAP instance they chose wasn’t available as an on-premise capable, supported hardware platform. For Moncrieff, the conversation was really around ownership, transparency, and cost.

Course 288
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6 places where investors look for problems when you’re fundraising

TechCrunch

They have a basic accounting system, know how to construct a budget and have policies and procedures for accounts receivable and accounts payable. During due diligence, every investor is looking for an accurate view of your business performance, value and potential. It pays to be ready. What investors want to know.

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4 hidden risks of your enterprise cloud strategy

CIO

And those massive platforms sharply limit how far they will allow one enterprise’s IT due diligence to go. When performing whatever minimal due diligence the cloud platform permits — SOC reports, GDPR compliance, PCI ROC, etc. it’s critical to remember that it is only a snapshot at that moment of evaluation.

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4 ways to ensure CEO support for your digital strategy

CIO

Graded has been in business since the 1950s, so it’s rooted in non-digital systems, which have been modernized over time. In fact, CNR has had a data warehouse for 15 years, which gathers information from internal management systems to perform analyses and guide strategies. C-suite support for investments is essential.

Strategy 300
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A look at the budding market for the text that prompts AI systems

TechCrunch

Writing the text strings that instruct AI systems like ChatGPT and DALL-E 2 to generate essays, articles, images and more has become a veritable profession, commanding salaries well into the six-figure range. But not every company or developer has the budget to hire a so-called prompt engineer. Move over, software.

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Exploring the digital impact in Northern Ireland’s health and social care system

CIO

Although progress is being made that should be recognized and celebrated, Dan West, CDIO for Health and Social Care in Northern Ireland’s Department of Health, understands that the pandemic still casts a lingering shadow over national health and care systems, contributing to continuing rampant fatigue among staff and subsequent strikes over pay.