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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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Moderate IT budget increases have CIOs shaping 2025 strategies to suit

CIO Business Intelligence

Despite those complications, a huge majority of IT leaders expect their organizations’ IT budgets to increase — at least moderately — in the next fiscal year, with IT talent and software spending leading the way. Talent, software spending lead the way According to Forrester’s guide, personnel accounts for nearly 35% of IT budgets.

Budget 133
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Seek solutions now to remedy surging cloud costs

CIO Business Intelligence

The complexity within IT infrastructures is increasing, as is the pressure on IT budgets to use available funds as smartly and efficiently as possible. Effective cost management in the cloud is, therefore, becoming increasingly important. In this context, more than a quarter expect cloud costs to rise by 20% or more.

Cloud 131
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Where to Find Cost Savings When Using the Cloud

CTOvision

According to IDC, global spending on public cloud services and infrastructure is expected to increase from $229 billion in 2019 to almost $500 billion in 2023. With cloud budgets set to skyrocket, here are tips to help enterprise organizations save money when using a public, private, hybrid, or multi-cloud approach.

Cloud 239
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Managed services projections increase through 2023

CIO Business Intelligence

Despite national news about increased costs, economic uncertainty, and more reports of technology firm layoffs, respondents indicated that they were planning to spend more IT budget in 2023, not less. One contributing factor to managed services’ ongoing growth as a percentage of IT budgets is finding and keeping the right IT talent.

Budget 105
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Perspectives on how cloud computing & app development trends will take shape in 2023

CIO Business Intelligence

To understand how organizations may be approaching their cloud strategies and tech investments in 2023, members of VMware’s Tanzu Vanguard community shared their insights on what trends will take shape. According to Forrester , forty percent of firms will take a cloud-native first strategy.

Trends 145
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Oracle Fusion Cloud HCM gets AI-powered Dynamic Skills feature

CIO Business Intelligence

Oracle has updated its Fusion Cloud Human Capital Management ( HCM ) suite with a new AI-powered feature, dubbed Oracle Dynamic Skills. However, Dynamic Skills is not new and was initially introduced in April 2023 as part of Fusion Cloud HCM. The features were announced at the Oracle CloudWorld 2024 conference.

Oracle 145