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Prioritizing cloud security: Allocating the majority of CIOs’ cyber budgets

CIO Business Intelligence

CIO’s cybersecurity budget allocations are too spread out across a myriad of single solutions. Cyber budgets get stretched too thinly across single solutions when they should match the organization’s IT and software spending priorities. the majority of its cybersecurity budget should go to protecting these investments.

Budget 105
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Seattle approves new city budget that plugs shortfalls with surplus revenue from business tax

GeekWire

Amazon’s Spheres and other buildings at the company’s headquarters campus in Seattle. Now the city is using the surplus to help close major gaps in its budget. ” Seattle already faced operating deficits of $141 million for 2023 and $152 million for 2024 before the budget planning process began this fall. .

Budget 84
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Google Cloud growth slows as Alphabet net income plunges

CIO Business Intelligence

Even though Google Cloud revenue growth showed signs of slowing, it nevertheless provided something of a bright spot as parent company Alphabet — hit hard by the tightening of customer budgets — posted a year-over-year decline in net income for its 2022 fourth quarter. Net income (profit) was $13.6 from the $61.2

.Net 52
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Microsoft unveils new sustainability steps in effort to remove all carbon produced in company history

GeekWire

Microsoft unveiled a new suite of sustainability initiatives Tuesday as part of its effort to zero-out the carbon debt the company has accrued over its lifespan. The company is investing in 500 megawatts of renewable energy from Sol Systems , equivalent to the energy needed to power more than 70,000 homes in the U.S. ”

Microsoft 145
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How to Craft a Cloud Experience Without Busting the IT Budget

CIO Business Intelligence

Investing in IT without busting the budget is no mean feat, for even the most well-heeled organizations. Budget-conscious organizations are increasingly turning to pay-per-use subscriptions billed as OpEx. Yet the public cloud’s flexible financial model remains attractive to enterprises leery of large CapEx investments.

Budget 52
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How Splash Made a Splash at Dreamforce (on a Budget)

The Investing Edge

For startups who don’t have the budget to buy a booth, take over a coffee shop, host a concert, or send the whole company to San Francisco for a week, this is an especially helpful guide on how to get the best return on a conference like Dreamforce. Pre-Dreamforce. This is how the costs broke down: 1. To Booth or Not to Booth?

Budget 87
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Seattle office market continues to struggle as vacancy rates rise for ninth consecutive quarter

GeekWire

It also marked the ninth straight quarter of negative net office absorption, which is calculated by the total amount of space leased minus the total space vacated in a given quarter. Companies are reducing real estate footprints with the adoption of hybrid work policies. at the end of 2023, the ninth consecutive quarterly increase.