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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.

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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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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%

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3 ways CIOs are leading the way to an AI-enabled enterprise

CIO Business Intelligence

It’s not a surprise that two out of every three IT organizations are planning to allocate more than five percent of their budgets to AI initiatives. 1 Embracing their change management roles CIOs—more than any other executive or line of business role—are becoming the central authority for most organization’s AI budgets and priorities.

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Making IT the hero of the modern enterprise

CIO Business Intelligence

IT teams have been using it to automate processes and speed delivery for some time, and GenAI will take this to the next level making IT even more integral to business success. So, it’s no surprise that GenAI projects are prioritized for funding across budgets. Could this turn IT from hero to superhero?

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Dear SAP Support – We’ve Grown Apart

CIO Business Intelligence

Then there was the 2027 ultimatum. You told the whole world that after December 31, 2027, you would charge an additional 2 percentage points for sustaining support. You know my budget is tight; I can’t afford that. They don’t have a 2027 or 2030 or 2040 deadline; those dates are irrelevant. An ultimatum?

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IDC: Pace of enterprise applications sales will increase next year

CIO Business Intelligence

IDC forecasts the growth rate of enterprise applications software sales will pick up in 2024, and remain steady through 2027, despite a dip this year as a result of CIOs continuing to pull back on spending due to economic headwinds. through 2027. through 2027. Software sales grew 9.8% It expects that growth rate to dip to 8.5%