article thumbnail

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

CIO Business Intelligence

According to IDC’s July 2023 Future Enterprise Resiliency & Spending (FERS) survey of 856 senior IT and business managers in large enterprises, the IT line items most affected, in addition to rising tech salaries, include SaaS and PaaS costs. But despite such challenges, CIOs say they’re meeting them head on. Here’s how.

article thumbnail

Getting Value From Your Data Scientists

CTOvision

Simply hiring expensive data scientists isn’t enough. To create real business value with data scientists, top management must learn how to manage them effectively. ". Neither data scientists nor managers are very good at speaking the other’s language, and executives compound the problem by the way they manage data scientists. ".

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What It Takes to Be a Winner in Tech

CIO Business Intelligence

As the VP of global tech and operations for the Marketing and Consumer Intelligence arm of GfK , I look after a team of about 60 engineers and six project managers in global operations. There is huge value in hiring people from a variety of backgrounds. What advantages does a tech team with mixed backgrounds bring to companies?

article thumbnail

What It Takes to Be a Winner in Tech

CIO Business Intelligence

As the VP of global tech and operations for the Marketing and Consumer Intelligence arm of GfK , I look after a team of about 60 engineers and six project managers in global operations. There is huge value in hiring people from a variety of backgrounds. What advantages does a tech team with mixed backgrounds bring to companies?

article thumbnail

11 ways to reduce your IT costs now

CIO Business Intelligence

Consider consumption-based contracts One of the best ways to align IT costs with value-generating outcomes is with consumption-based pricing, although it may seem like a higher-cost option. Consumption-based contracts are self-optimizing,” says Gartner’s Buchanan.

article thumbnail

Product-based IT: A blueprint for success

CIO Business Intelligence

Cloud delivery is part of the solution, but product-centric teams help build trust and continuity of expertise. Organizations don’t want fractional allocation — people rolling on to a project and rolling off,” he explains. Gary Jeter, EVP & CTO, Trust One.

article thumbnail

6 generative AI hazards IT leaders should avoid

CIO Business Intelligence

Generative AI is typically not suited for contexts where empathy, moral judgment, and deep understanding of human nuances are crucial,” notes Saurabh Daga, associate project manager of disruptive tech at industry intelligence platform GlobalData. Organizations may need to start setting these policies with more urgency.

Tools 130