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3% IT budget increases fueled by AI, security, networking

Network World

IT budgets are seeing modest increases, according to recent survey data, with businesses looking to invest their IT dollars in artificial intelligence, data analytics, networking and more. and Canada in the first half of 2024 for its annual Computer Economics IT Spending and Staffing Benchmarks 2024/2025 study.

Budget 456
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Enterprise Storage Solution Provider of Choice: The Case Studies

CIO Business Intelligence

To read the full case study, click here.). To read the full case study, click here.). Infinidat’s cloud-like flexible consumption models optimize budget for the customer. To read the full case study, click here.). To read the full case study, click here.). To read the full case study, click here.).

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Capitalizing on technology budgets: A CIO’s story

CIO Business Intelligence

While traditional approaches to bridging the profitability gap, like layoffs and budget cuts, can harm company culture, an innovative and practical alternative is capitalizing on technology budgets. However, it’s important to remember that headcount and budget cuts are not the only strategies to streamline costs.

Budget 162
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How resilient CIOs future-proof to mitigate risks

CIO Business Intelligence

However, as AI is deeply integrated into business processes, it also opens up new attack surfaces and vulnerabilities. Reinforcing this claim, one in four IT executives from the 2023 AI Priorities Study believe their organization is moving too fast when it comes to deploying gen AI.

Strategy 264
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How strategic partnerships are the key to AI-driven innovation

CIO Business Intelligence

According to an EXL Enterprise AI study , 74% of C-level leaders say data silos have been a barrier to enterprise-wide AI implementation. Budgets to build new innovations It’s always a challenge to find the budget to build new innovations and platforms when the primary focus of the CIO is to keep the business running.

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Rebalancing through Recalibration: CIOs Operationalizing Pandemic-era Innovation

CIO Business Intelligence

“Building new business aligned cost models, setting up disaster recovery and BCP platforms, allowing remote-working, rearchitecting the enterprise network from the ground up, and migrating to cloud should be some of the prime focus areas for CIOs as they set about their operations in the new-era.” million.

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14 in-demand cloud roles companies are hiring for

CIO Business Intelligence

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 325