CIO Business Intelligence

DECEMBER 7, 2022

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. But the next eighteen months aren’t shaping up to be as challenging as some may fear.

Budget 132

Budget Cloud Insurance Survey 132

CIO Business Intelligence

NOVEMBER 18, 2024

In the face of shrinking budgets and rising customer expectations, banks are increasingly relying on AI, according to a recent study by consulting firm Publicis Sapiens. As the study’s authors explain, these results underline a clear trend toward more personalized services, data-driven decision-making, and agile processes.

Banking 141

Banking Budget Study Survey 141

CIO Business Intelligence

FEBRUARY 8, 2023

Delivering on time and on budget Completing software projects in a timely manner while staying within budget is a long-time challenge of software development. One possible solution is to embrace the agile methodology of software development. Any number of things can happen to cause delays and drive up costs.

Project Management 122

Project Management Software Software How To 122

CTOvision

OCTOBER 27, 2014

The latest Palo Alto Networks VM-Series release provides organisations with the ability to realise the full agility and … Read more on Telecompaper (subscription). Article Archives · DoD Budgets · Weapons Spotlight · Documents · RDDS. Big Data Product Watch 10/17/14: Big Three Make Big Moves. and Hortonworks Inc. DDN Insider.

Dell 258

Dell Big Data Firewall Storage 258

CIO Business Intelligence

OCTOBER 3, 2024

From budget allocations to model preferences and testing methodologies, the survey unearths the areas that matter most to large, medium, and small companies, respectively. GenAI budget increases were significant, with 12% of respondents reporting an increase of more than 300% compared to the previous year.

Healthcare 129

Healthcare Budget Survey Resources 129

CIO Business Intelligence

NOVEMBER 26, 2024

These outdated systems are not only costly to maintain but also hinder the integration of new technologies, agility, and business value delivery. Budget constraints Barrier: IT modernization requires substantial investment, and budget constraints are a common hurdle.

Budget 122

Budget Research Strategy Cloud 122

CIO Business Intelligence

JANUARY 17, 2023

In almost every case, there’s an increased need for data insight and technology-enabled agility to reaffirm technology’s position at the center of investment strategy in order to achieve organizational growth. Optimize cloud spend It’s a good time for CIOs to conduct a financial health check on their technology budget.

Licensing 138

Licensing Budget Cloud Artificial Intelligence 138

Network World

NOVEMBER 20, 2024

The Index showed that 50% of those surveyed have between 10% and 30% of their current IT budget dedicated to AI. Cisco CEO on infrastructure modernization In Cisco’s most recent financial call with Wall Street analysts, CEO Chuck Robbins said the vendor is seeing enterprise customers take on infrastructure modernization.

Data Center 174

Data Center Survey Government Report 174

CIO Business Intelligence

MARCH 25, 2024

Modern digital organisations tend to use an agile approach to delivery, with cross-functional teams, product-based operating models , and persistent funding. But to deliver transformative initiatives, CIOs need to embrace the agile, product-based approach, and that means convincing the CFO to switch to a persistent funding model.

How To 124

How To Budget SCRUM Agile 124

CIO Business Intelligence

OCTOBER 29, 2024

The bad news, however, is that IT system modernization requires significant financial and time investments. You usually can’t move the needle on everything while working within typical budgets, so instead focus on moving the needle on the one or two things that really make the most difference,” Rasmussen advises.

System 139

System Fractional CTO Strategy Enterprise 139

CIO Business Intelligence

JANUARY 19, 2023

Schneider Electric’s IT organization achieved that goal by reducing the layers for technology- and budget-related approvals, and by trusting managers and staff to make as many of those decisions as possible within the company’s “delegation of authority pathways” framework. Financial things are a pending subject for most CIOs.”

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Financial Architecture Policies Budget 134

CIO Business Intelligence

JUNE 2, 2022

Nearly 37% of survey respondents who are already using artificial intelligence in financial services consider improved operational efficiency a benefit of using AI, the report shows. Only 23% of respondents who use AI in financial services use NLP and only 19% use NLU, according to Forrester. AI enhances operational efficiency.

Banking 145

Banking Artificial Intelligence Financial Architecture 145

CIO Business Intelligence

OCTOBER 23, 2023

As a result, most IT functions have seen budget increases, support for more staff, and higher involvement in shaping enterprise strategy , according to multiple reports. This reinvention goes beyond the adoption of cloud, agile development principles, and cutting-edge technologies. They did not refactor for flexibility.

Fractional CTO 137

Fractional CTO Agile Cloud Strategy 137

CIO Business Intelligence

JANUARY 10, 2024

No IT organization wants to get caught short on processing or storage resources that could negatively affect operations, or have to suddenly add resources that exceed the budget. In this way, you can take advantage of the cloud’s agile, on-demand approach with unlimited capacity without breaking the budget.

Cloud 124

Cloud CTO Hire Fractional CTO Budget 124

CIO Business Intelligence

NOVEMBER 13, 2023

5, Insufficient budget Digital transformation can be expensive, and executive leadership teams that do not allocate enough budget to the initiative may struggle to succeed. Be realistic about the costs of digital transformation and allocate sufficient human capital and financial capital to achieve your goals.

Agile 143

Agile Training Budget Resources 143

CIO Business Intelligence

OCTOBER 20, 2023

Scrum is a powerful framework for implementing agile processes in software development and other projects. The Scrum master is the leader of a Scrum team and is responsible for championing a project, providing guidance to the team and product owner, and ensuring all agile practices are followed by team members. Others do not.

SCRUM 126

SCRUM Project Management Agile Software Development 126

CIO Business Intelligence

NOVEMBER 7, 2022

Digging through research examining the impact of standard conventions like siloed teams and staged gate processes, Arooni began percolating ideas for how to shift IT organizations away from the traditional project-oriented culture to something more agile, with greater business accountability and more responsiveness to changing customer needs. “We

Fractional CTO 116

Fractional CTO Agile CTO Hire SCRUM 116

CIO Business Intelligence

DECEMBER 22, 2023

To tackle that, businesses are turning their budgets toward the cloud, with two out of every three IT decision-makers planning to increase cloud budgets in 2024, and nearly a third (31%) reporting that 31% of their IT budget is earmarked for cloud computing, according to the 2023 Cloud Computing Study from CIO.com parent company Foundry.

Cloud 130

Cloud Company Devops Disaster Recovery 130

CIO Business Intelligence

JANUARY 11, 2023

As technology projects, budgets, and staffing grew over the past few years, the focus was on speed to market to maximize opportunity, says Troy Gibson, CIO services leader at business and IT advisory firm Centric Consulting. The negative financial and competitive consequences … will be difficult to escape,” he says.

Fractional CTO 145

Fractional CTO Budget Enterprise Enterprise 145

CIO Business Intelligence

FEBRUARY 24, 2023

During the 2008–2009 Global Financial Crisis (GFC) and subsequent recession, researchers noted that cybercrime rates increased dramatically. Their report focused exclusively on financial cybercrime, including identity theft. This is the time when many CFOs trawl through every line item in the budget, looking for potential savings.

Strategy 105

Strategy Security Fractional CTO Budget 105

CIO Business Intelligence

DECEMBER 5, 2023

But as digital transformation efforts have intensified in recent years, CIOs have had fewer opportunities to pause and reevaluate IT’s financial situation. The net result is that some organizations’ technology debts are growing faster than anything else and robbing them of their budgets and ability to innovate.”

Fractional CTO 138

Fractional CTO CTO Hire Budget Licensing 138

CIO Business Intelligence

OCTOBER 6, 2023

They must articulate those ideas but also balance them against what’s technologically feasible and financially and functionally reasonable. To find a business analyst boot camp that will fit your schedule, budget and skillset, see “ 10 boot camps for business analysts.”

Analysis 128

Analysis SAP Budget Software 128

Forrester IT

FEBRUARY 28, 2019

We’ve been researching a central dilemma for software leaders over the last year: If software is so important to digital business and customer engagement, why isn’t software development better understood by the C-suite?

Software Development 329

Software Development Software Software Development 329

CIO Business Intelligence

JUNE 26, 2023

They are accountable for the entire project scope , the project team and resources, the project budget, and the success or failure of the project. To succeed in their role, project managers must be adept at coordinating resources, managing budgets, measuring and tracking project progress, and communicating with team members and stakeholders.

Project Management 105

Project Management SCRUM Budget Agile 105

CIO Business Intelligence

MAY 20, 2024

Our article focuses on an interview with Serge Lucio, General Manager of the Agile Operations Division at Broadcom. There was another case of leaders in a large financial services firm who recounted how they couldn’t account for hundreds of IT resources in their project management tool. Are teams delivering on time and on budget?

Project Management 126

Project Management Tools Trends Resources 126

CIO Business Intelligence

JUNE 22, 2023

Data suggests IT leaders will spend despite a challenging macroeconomic environment that includes inflation, snarls in the supply chain and other financial pressures. Investing in IT without busting the budget is no mean feat, for even the most well-heeled organizations. 1 2023 Technology Spending Intentions Survey, ESG, Nov.

Budget 52

Budget Cloud Dell How To 52

CIO Business Intelligence

APRIL 25, 2024

Follow an agile model to iterate and deliver value over time. Building out a governance strategy based on the practices of departments that are getting it right is vital for tracking — and reining in — your cloud budget. Having the financial aspect under control is key,” he stresses. Budgeting, Cloud Computing

Tools 124

Tools Cloud Resources Financial 124

CIO Business Intelligence

JANUARY 19, 2024

Defending this was never going to be easy at a time of constricted budgets and a shortage of technical skills. Where NIS2 rules are breached, organizations must quickly grasp the reporting requirements and possible financial penalties.

Security 111

Security Budget Agile System 111

CIO Business Intelligence

FEBRUARY 27, 2023

Trend #2: Optimizing costs and operational efficiency will be a focus for organizations looking to improve their financial position amidst an economic downturn and skills shortages. This huge step in company culture requires brave managers adopting agile principles.

Trends 145

Trends Development Cloud Engineering 145

CIO Business Intelligence

FEBRUARY 16, 2024

In banking and financial services applications, for example, GenAI solutions are being developed to analyze customer data, market data, economic trends, and more to help support highly personalized insights and guidance. This is a challenge for many CIOs.

Artificial Intelligence 138

Artificial Intelligence Strategy Cloud Data 138

CTOvision

JULY 25, 2016

This includes the ability to effectively prioritize internal budgets and resources, and facilitate a realistic approach toward assessing network defense effectiveness.”. “Instead of reviewing every component of an agency’s internal enterprise, we are trying to show what the adversary sees in order to give an organization a true ‘risk profile.’

Big Data 150

Big Data Enterprise Enterprise Data 150

Fountainhead

NOVEMBER 8, 2011

This isnt about internal politics (validating their annual budget) but rather about driving awareness, demand, and preference for their services. Overall Value: IT also did a great job of illustrating the *total value* of the service - not just economic value, but the value of agility (time-to-provision) and convenience. Ken Oestreich.

Data Center 165

Data Center Cloud Virtualization Financial 165

CIO Business Intelligence

AUGUST 27, 2024

The imperative for APMR According to IDC’s Future Enterprise Resiliency and Spending Survey, Wave 1 (January 2024), 23% of organizations are shifting budgets toward GenAI projects, potentially overlooking the crucial role of application portfolio modernization and rationalization (APMR).

Applications 110

Applications Agile Strategy Research 110

CIO Business Intelligence

JUNE 8, 2022

According to a future-looking report from IDC , to thrive in the years ahead, the key will be to make your organization more agile and resilient, in large part by empowering your teams through collaborative decision-making focused on business outcomes. . Budgets may need adjusting,” he says. Some hires may need to be postponed.

Agile 133

Agile CTO Hire Fractional CTO Tools 133

CIO Business Intelligence

APRIL 21, 2022

If supplier or other expenses are causing strain on financial performance, how can IT be leveraged for more efficient operations?”. In Hakanson’s view, the best technology leaders are at the front lines of building agile organizations that adapt quickly in conjunction with the business.

Agile 145

Agile Strategy Development Training 145

CIO Business Intelligence

JULY 23, 2024

Are agile teams overly stressed with too many priorities? Mounting cloud debt Over the past decade, CIOs have transformed IT infrastructure from data centers to hybrid clouds and multiclouds while using devops automations to empower agile development and data science teams to self-serve infrastructure needs.

Government 142

Government Security System Cloud 142

CIO Business Intelligence

NOVEMBER 14, 2023

Cloud costs will often — and rapidly — become large line items on budgets. If you ask someone, they’ll often recite a list of a dozen potential benefits of cloud — lower costs, better security, greater agility, and so on,” says Smith. How will we balance security, agility, and usability? There are other risks, too.

Strategy 145

Strategy Cloud Applications Agile 145