Remove 2023 Remove Budget Remove Virtualization
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AI, cybersecurity drive IT investments and lead skill shortages for 2025

Network World

2024 gave leaders the opportunity to pause, take a breath and see what kind of investment they need to make for best use scenarios in terms of talent and technology.”

Survey 456
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3% IT budget increases fueled by AI, security, networking

Network World

IT budgets are seeing modest increases, according to recent survey data, with businesses looking to invest their IT dollars in artificial intelligence, data analytics, networking and more. Essentially, only companies in dire financial straits are likely to be cutting IT budgets. Avasant Research polled 371 organizations in the U.S.

Budget 458
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Equinix to cut 3% of staff amidst the greatest demand for data center infrastructure ever

Network World

billion this year , up around 7% over 2023. For many organizations, while budgets are ticking slightly up, it’s only in line with inflation, while new initiatives, including AI, need to be funded.” It intends to invest up to $15 billion in new infrastructure to support AI.

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Is VMware really becoming the new mainframe?

CIO Business Intelligence

But because the popular virtualization platform can be too expensive and pervasive to replace even if they may want to, they may find themselves with a mainframe-type of dilemma. After Broadcom acquired VMware in late 2023 , many customers complained about huge price increases, but most cant seem to end the relationship.

Vmware 287
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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. in 2023, the firm says.

Budget 363
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How to mitigate software licensing surprises

CIO Business Intelligence

But lately, some licensees of virtual desktops and applications have been confronted with abrupt changes and even forced to accept and pay for unwanted features. Take advantage of modeling and cost estimator tools that can help IT model configurations and better understand resource needs and budget impacts for a shift from legacy VDI to DaaS.

Licensing 264
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IT leaders adjust budget priorities as economic outlook shifts

CIO Business Intelligence

Budget planning during uncertain economic times is never CIOs’ favorite activity. For the most part, budgets are holding steady or growing in the single digits, with continued investments in security, analytics, and the cloud, among other areas. Gartner predicts 2023 IT spending will grow 5.1%

Budget 331