2027 Budget Cloud 
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
JUNE 3, 2024
As CIOs respond to corporate mandates to “just do something” with genAI, many are launching cloud-based or on-premises initiatives. 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.”
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CIO Business Intelligence
JUNE 23, 2023
Industry clouds are increasingly becoming go-to solutions for IT leaders seeking services tailored to their verticals. For the innovative few, co-creating custom industry solutions in conjunction with cloud providers can not only fulfill an internal need but also provide the opportunity to develop a new source of revenue from their IT IP.
CIO Business Intelligence
AUGUST 19, 2024
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.
CIO Business Intelligence
AUGUST 23, 2023
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. And speaking of home, you want me to leave my premises and move to a cloud. An ultimatum?
CIO Business Intelligence
SEPTEMBER 6, 2024
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.
CIO Business Intelligence
APRIL 5, 2022
According to 2022 State of the CIO study , 85% of CIOs are focusing on transformational initiatives with pre-pandemic levels of technology budget growth. How do you efficiently manage both on-premises and cloud, and at the same time keeping an eye out on costs? explained Ernest Lin, General Manager, Kyndryl Hong Kong.
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