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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 134
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Get Ready for FutureIT Boston With This AI Infographic

CIO Business Intelligence

IT decision-makers know that generative AI is the most disruptive technology in decades and are budgeting accordingly. IDC has forecast that spending on AI solutions will grow 27% per year to $423 billion by 2027. Check out the infographic below for AI adoption predictions, including tips for staying prepared.

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Oak Ridge seeks next-level supercomputer to blow away Frontier

Network World

This month ORNL issued a massive request for proposal for OLCF-6 , a new machine, now dubbed Discovery, to be delivered by late 2027 or early 2028. With an anticipated budget of US$500 million, Discovery’s requirements are extensive. The Technical Requirements document alone is 69 pages. 1 on the Top 500 list of supercomputers.

Energy 147
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Getting infrastructure right for generative AI

CIO Business Intelligence

of the overall AI server market in 2022 to 36% in 2027. billion in 2022 to $57 billion in 2027. billion in 2022 to $57 billion in 2027. It’s well within the budget.” Infrastructure-intensive or not, generative AI is on the march. According to IDC, genAI workloads are increasing from 7.8% of AI storage in 2022 to 30.5%

Storage 140
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CIOs are rethinking how they use public cloud services. Here’s why.

CIO Business Intelligence

Cloud spending is going up and budgets are tightening, so theyre asking whats going on and how do we right this ship. Jeff Wysocki, CIO at mining firm Mosaic Company, acknowledges those budget-busting concerns, but he says CIOs may be able to work with their public cloud provider to get those costs under control.

Cloud 140
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Project management: Tips, tools, best practices

CIO Business Intelligence

Costs management: Estimate costs, determine budgets. Project scope During the planning phase, all project details must be solidified , including goals, deliverables, assumptions, roles, tasks, timeline, budget, resources, quality aspects, terms, and so on. Budget for surprises. Quality management: Identify quality requirements.

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Making IT the hero of the modern enterprise

CIO Business Intelligence

So, it’s no surprise that GenAI projects are prioritized for funding across budgets. Specialist roles like MLOps, DataOps, and platform engineering are expected to grow as much as 20% through 2027 (IDC). IDC estimates that by 2027, the market for GenAI will reach $151 billion, representing a 71% CAGR.