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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 111
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Seattle approves new city budget that plugs shortfalls with surplus revenue from business tax

GeekWire

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. . (GeekWire Photo / Kurt Schlosser). million from the General Fund, and $4.5 Impact of industry layoffs.

Budget 79
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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 billion, up just 1% from $75.3

.Net 52
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Recent grads working in tech are migrating to Seattle more than any other U.S. city

GeekWire

The report, which analyzed LinkedIn data, adds some scrutiny to the pandemic-driven narrative that tech and finance workers are ditching high-cost major markets. Seattle saw positive net migration for tech and finance talent from both 2021 to 2022 and 2022 to 2023. Seattle was the No.

.Net 120
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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. As has been widely reported , the public cloud can also cost more than originally anticipated on a long enough timeline—and produce execution pitfalls and unwelcome regulatory surprises.

Budget 52
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Seattle lawmakers axe funds for gunshot detection tech that was part of mayor’s public safety push

GeekWire

billion city budget for 2023 will not include funds sought by Mayor Bruce Harrell for gunshot detection technology. The Atlanta Police Department announced last week that it was passing on the technology after a six-month trial because it doesn’t haven’t room in its budget for the system. ShotSpotter Photo). During an Oct.

Budget 113
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Seattle office market continues to struggle as vacancy rates rise for ninth consecutive quarter

GeekWire

GeekWire Photo / Kurt Schlosser) A new Q1 report from Kidder Mathews shows regional vacancy rates in the Seattle area rising to 15.1%, up from 13.9% 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.