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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

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. And it’s not just applications development where such tools are having an impact. CAGR through 2026, Fernandez notes.

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

Network World

The news comes amidst reports that the company also plans to close its infrastructure as a service (IaaS) division Metal in 2026, and in the wake of the appointment of new CEO Adaire Fox-Martin and a shakeup in its C-suite that saw the departures of CIO Milind Wagle and CISO Michael Montoya.

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Seattle mayor wants to tap more revenue from payroll tax on big business to plug budget holes

GeekWire

GeekWire File Photo / Taylor Soper) Seattle Mayor Bruce Harrell on Tuesday announced details of his planned 2025-26 budget, which includes $287 million collected from the Payroll Expense Tax to plug holes in the city’s general fund. Seattle’s overall budget is $8.3 and Arlington, Va. ”

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Buying advice for CIOs as low-code/no-code spending rises

CIO Business Intelligence

Faced with a long-running shortage of experienced professional developers, enterprise IT leaders have been exploring fresh ways of unlocking software development talent by training up non-IT staff and deploying tools that enable even business users to build or customize applications to suit their needs.

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Gartner projects major IT spending increases for 2025

CIO Business Intelligence

By 2026, hyperscalers will have spent more on AI-optimized servers than they will have spent on any other server until then, Lovelock predicts. Free the AI At the same time, most organizations will spend a small percentage of their IT budgets on gen AI software deployments, Lovelock says. Next year, that spending is not going away.

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What is a Scrum master? A key role for project success

CIO Business Intelligence

Scrum is a powerful framework for implementing agile processes in software development and other projects. The Scrum master not only addresses all facets of the agile development process but also serves the business, product owner, team, and individuals and facilitates communication and collaboration between all these elements.

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Why data leaders struggle to produce strategic results

CIO Business Intelligence

The mean reported budget among respondents was $5.41 For example, 43% of top-performing data and analytics leaders said they were effective in committing time to their own professional development, versus only 19% of low performers. Moreover, only 37% of CDOs and 25% of CAOs report having budgets separate from IT overall.

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