2023 Budget CTO Hire 
CIO Business Intelligence
AUGUST 22, 2024
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.
CIO Business Intelligence
FEBRUARY 13, 2023
The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. At the same time, they are defunding technologies that no longer contribute to business strategy or growth. decline year over year in worldwide spending on fixed voice services in 2023. in 2023, the firm says.
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CIO Business Intelligence
JANUARY 26, 2023
IT leaders seeking to drive enterprise growth through technology investments are often saddled with budgets that make their tasks of increasing the top and bottom lines challenging. The year 2023 seems to be no different. Despite an estimated increase to IT budgets of 5.1% Despite an estimated increase to IT budgets of 5.1%
CIO Business Intelligence
JANUARY 9, 2023
The good news is that, for managers, the best time to attract and retain talent is during economic downturns. Hiring and retaining the best people with the right skills is always the best strategy to improve overall performance.” “We need to improve overall performance while we adapt to the changing business environment,” Liu says.
CIO Business Intelligence
NOVEMBER 2, 2023
To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023.
CIO Business Intelligence
NOVEMBER 8, 2023
Inflation may have dropped from its high in 2022, but the price pressures on IT budgets have continued unabated. in September, 2023, the price pressures facing IT have persisted. in September, 2023, the price pressures facing IT have persisted. general inflation rate masks some higher increases hitting IT budgets.
CIO Business Intelligence
NOVEMBER 27, 2024
million in 2023, and is expected to grow by 5% in 2025, equal to 3.75 Case in point was the high turnover rate at road and highway maintenance company AVR Group, and the solutions enacted by its CTO Pierangelo Perdomi to remedy it. This program has its own planning and also a dedicated budget. million compared to about 3.6
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