CIO Business Intelligence

JANUARY 15, 2025

Until now, many companies have cut costs in other areas, laid off staff, or raided the budgets of other departments to pay for AI projects. If you look at 23 and 2024 you had a lot of budget increases, you had a bunch of layoffs over the last couple of years, and not something thats sustainable.

Company 325

Company Survey Budget Cloud 325

CIO Business Intelligence

JANUARY 23, 2025

Since AI is new for most companies, this creates a budgeting challenge for their AI initiatives. That uncertainty creates a challenge for risk-averse companies that must work within budget constraints. To make matters worse, many vendors are still experimenting with varying pricing models that are subject to change, McCarthy says.

Strategy 317

Strategy Survey Budget Fractional CTO 317

CIO Business Intelligence

FEBRUARY 11, 2025

Reframe the conversation Thats when its time for you as CIO to have a tough conversation with the Powers That Be about the IT budget. To fix the challenges we face well need a bigger budget. What will make the conversation so tough? Script it and youll see: You: The IT organization I lead isnt as effective as it needs to be.

Fractional CTO 299

Fractional CTO CTO Budget Project Management 299

CIO Business Intelligence

JANUARY 28, 2025

Many CIOs expect significant price increases in the cloud and other IT products and services during 2025, requiring those with stagnant budgets to make difficult decisions about IT spending. Vendors are cranking up prices across the board, forcing companies to be sharper with their budgets, he says.

Budget 290

Budget Cloud Energy Storage 290

CIO Business Intelligence

NOVEMBER 26, 2024

For example, in the UK most of the budget is spent on curative treatments, interventions or medicines but a minimal amount of the budget is spent on prevention, mental health or any other thing that contributes to the well-being,” added. Sam, Chief Medical Strategy Officer at Numan (UK). “AI

Healthcare 260

Healthcare Artificial Intelligence Budget Study 260

CIO Business Intelligence

DECEMBER 9, 2024

CIOs have to accept that their current budget does not allow them to do the transformative work in data thats necessary, he says. We need to know everything about the business units we serve, so we can have the big-picture view and be that unifier, she says. Whats equally challenging?

Artificial Intelligence 317

Artificial Intelligence Budget Software Software 317

CIO Business Intelligence

FEBRUARY 18, 2025

They are also the leaders most likely to receive budget cut targets. But a budget cut provides a great opportunity to explore ones spend across run and change operations. The reality is that IT budgets are large and financial management is not always a strength of technology teams.

Architecture 316

Architecture Enterprise Enterprise Budget 316

CIO Business Intelligence

JANUARY 2, 2025

Taking the time to look at that budget for it and plan for it, from my perspective, is more important than just jumping right in and potentially losing millions of dollars, because its just not as effective as youd hoped it to be.

Survey 361

Survey Budget Data IBM 361

CIO Business Intelligence

DECEMBER 4, 2024

Talent shortages — or, more precisely, the shortage of skilled workers willing to take jobs at the rate most enterprise CIOs are willing to pay given tightening IT budgets — will be another key factor. “At We can’t keep them up to date because the requirements keep changing.”

Survey 321

Survey Budget Research Enterprise 321

CIO Business Intelligence

FEBRUARY 28, 2025

More than half plan to increase their AI budgets this year , a slight decrease from the 61% who increased their AI budgets in the past year. The top impediments included a lack of in-house expertise, business case justification, and competing priorities within the business.

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Survey Budget Tools Research 300

CIO Business Intelligence

DECEMBER 31, 2024

This is a missed opportunity to increase credibility for the project and IT team, build collaboration across internal IT and/or business-engaged processes, and bolster the teams ability to deliver on time, on budget, and in-scope initiatives. Start by focusing on a current project.

Change Management 348

Change Management CTO Hire Strategy Fractional CTO 348

CIO Business Intelligence

DECEMBER 18, 2024

CIOs will need to work closely with finance teams to model different pricing scenarios and choose the options that best align with their organizations needs and budget constraints. Moreover, this shift in pricing models may require changes in how organizations budget for and manage their software expenses.

Industry 290

Industry Software Software Budget 290

CIO Business Intelligence

NOVEMBER 27, 2024

You can’t treat data cleaning as a one-size-fits-all way to get data that’ll be suitable for every purpose, and the traditional ‘single version of the truth’ that’s been a goal of business intelligence is effectively a biased data set. For AI, there’s no universal standard for when data is ‘clean enough.’

Data 352

Data Enterprise Enterprise Training 352

CIO Business Intelligence

JANUARY 21, 2025

Generative AI (GenAI) is reshaping how businesses operate, offering unprecedented opportunities for greater efficiency, streamlined operations, revolutionized customer service, and enhanced decision-making. Engage stakeholders: Work with finance and operations teams to align on budgets, shared goals, and success metrics.

Budget 246

Budget Survey IBM Research 246

CIO Business Intelligence

OCTOBER 24, 2024

Free the AI At the same time, most organizations will spend a small percentage of their IT budgets on gen AI software deployments, Lovelock says. “Generative AI is likely to confuse the capital investor as much as any technology ever has,” he adds.

Data Center 334

Data Center Artificial Intelligence Software Software 334

CIO Business Intelligence

MARCH 13, 2025

growth in ICT budgets specific to Italy, mostly in line with recent trends. Introducing business intelligence required a great deal of change management work, because from a data use that wasnt very sophisticated and organized, and very do-it-yourself, we moved to a consistent and verified data warehouse, he says.

Change Management 294

Change Management Training Security Insurance 294

CIO Business Intelligence

FEBRUARY 20, 2025

Expectation of disruption Limited investment in cyber resilience remains a challenge, despite rising security budgets overall: nearly 49% of U.S.-based based IT leaders globally believe their budget for cyber resilience is inadequate. A lack of budget cannot be put down to a lack of evidence of need.

Disaster Recovery 246

Disaster Recovery Budget Security Strategy 246

CIO Business Intelligence

DECEMBER 3, 2024

Can I take 5% of my budget and deploy it against five to 10 different projects, across different teams, to build some expertise, to build some intuition and understand where it’s going to work?” Blank says.

Strategy 331

Strategy Fractional CTO Training CTO 331

CIO Business Intelligence

OCTOBER 24, 2024

Consider 76 percent of IT leaders believe that generative AI (GenAI) will significantly impact their organizations, with 76 percent increasing their budgets to pursue AI. IT leaders are placing faith in AI. But when it comes to cybersecurity, AI has become a double-edged sword.

Dell 321

Dell Artificial Intelligence Training Security 321

CIO Business Intelligence

SEPTEMBER 11, 2024

What’s new though are the AI-powered capabilities, which according to Oracle, provide a complete view of skills woven into processes across the enterprise and can help it optimize its workforce performance, planning, budgeting, and reskilling or upskilling efforts.

Oracle 363

Oracle Cloud Enterprise Enterprise 363

CIO Business Intelligence

FEBRUARY 21, 2025

According to the report, the implementation has fundamentally impacted the Councils financial management and its operations, forcing the council into a costly re-implementation phase that has more than doubled the projects original budget. Licensing and customization fees added further strain to the budget.

Oracle 227

Oracle Vendor Management Government System 227

CIO Business Intelligence

JANUARY 21, 2025

investigation budget and achieve full detection within a 5% budget in certain cases. By leveraging machine learning algorithms, AI can analyze user behavior and network traffic patterns, identifying anomalies that might indicate insider threats or other malicious activities.

Security 306

Security Tools Artificial Intelligence System 306

CIO Business Intelligence

NOVEMBER 4, 2024

As budgets tighten, AI will soon face the same financial scrutiny as other IT investments. Cost Roadblocks will start to emerge Early AI adoption often comes with a “honeymoon phase” where costs are overlooked in favor of staying ahead of the curve.

Data 321

Data Artificial Intelligence Enterprise Enterprise 321

CIO Business Intelligence

DECEMBER 17, 2024

This cadence is especially important for re-evaluating budgeting, as we balance spending on new technology investments, like AI, against key infrastructure needs. A two- to three-year roadmap doesnt mean the work is done. We need to look at it quarterly or more to track and apply learnings. And third is monthly planning.

Strategy 299

Strategy Budget Research Tools 299

CIO Business Intelligence

OCTOBER 23, 2024

Ongoing layoffs in the tech industry and rising demand for AI skills are contributing to a growing mismatch in the IT talent market, which continues to show mixed signals as economic factors and the rise of AI impact budgets and the long-term outlook for IT skills.

Dell 325

Dell Artificial Intelligence Training Data 325

CIO Business Intelligence

OCTOBER 29, 2024

She suggests prioritizing the areas that will likely bring the greatest business value. 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 349

System Fractional CTO Strategy Enterprise 349

CIO Business Intelligence

FEBRUARY 20, 2025

With legacy apps tying up a significant portion of an organizations IT budget, less money is available for new initiatives, further slowing down AI adoption. of their IT budgets on tech debt at that time. According to IDCs 2023 CIO Sentiment Survey , organizations were spending an average of 12.8%

Cloud 270

Cloud Applications Insurance Data 270

CIO Business Intelligence

DECEMBER 10, 2024

According to AI at Wartons report on navigating gen AIs early years, 72% of enterprises predict gen AI budget growth over the next 12 months but slower increases over the next two to five years. But if all gen AI does is improve productivity, CIOs may be challenged long term to justify budget increases and experiments with new capabilities.

Data 358

Data Change Management Examples CTO Hire 358

CIO Business Intelligence

MARCH 17, 2025

That may help explain why just under half of the companies that participated in a recent Foundry survey have a dedicated AI budget and even fewer believe they have the right data and technology in place to use AI effectively 1. Moreover, no AI application has managed to achieve a satisfaction level exceeding 64%.

Artificial Intelligence 191

Artificial Intelligence Budget Survey Web Services 191

CIO Business Intelligence

JANUARY 13, 2025

And theyll get this level of granularity without needing a thousand-person operation or a billion-dollar data analytics budget. In a world with thousands of categories, millions of products and hundreds of millions of consumers, when an individual walks into a virtual storefront, a company will be able to make remarkably specific predictions.

Trends 334

Trends Fashion Guidelines Data 334

CIO Business Intelligence

NOVEMBER 12, 2024

Take advantage of modeling and cost estimator tools that can help IT model configurations and better understand resource needs and budget impacts for a shift from legacy VDI to DaaS. Here are some steps to plan for: Demand your sales representative answer your renewal questions and keep demanding until you get an informed response.

Licensing 264

Licensing Software Software How To 264

CIO Business Intelligence

DECEMBER 19, 2024

Since its inception, the Digital Policeman project has documented over 6,000 bribery attempts, recorded 443,765 administrative violations, and solved 2,613 crimesall while saving Kazakhstans national budget $6 million. With over 10,000 smart badges and 21,000 tablets deployed, the project is reshaping the very fabric of public safety.

Video 237

Video Budget Tools Mobile 237

CIO Business Intelligence

JANUARY 22, 2025

They couldnt hire people from outside either, because they hadnt anticipated the need early enough to put it in their budgets. Another challenge was IT may not have had the available skills to support the new technology. Everything happened very fast.

CTO Hire 320

CTO Hire Meeting Data Education 320

CIO Business Intelligence

NOVEMBER 4, 2024

The interview hinted CIOs are cautious with their IT budgets and that while there is spending it’s with a total cost-of-ownership (TCO) mindset. “We Nearly half indicated that implementing hybrid IT is a top priority for their CIO.

Vmware 277

Vmware Data Center Strategy Storage 277

CIO Business Intelligence

JULY 11, 2024

The complexity within IT infrastructures is increasing, as is the pressure on IT budgets to use available funds as smartly and efficiently as possible. It emerged that there are major gaps in cloud cost management and optimization (CCMO) strategies, resulting in exceeded budgets and an overall loss cloud spend control.

Cloud 328

Cloud Budget Architecture Survey 328

CIO Business Intelligence

NOVEMBER 1, 2024

Help your apps and budget perform Give your creative apps a boost by consolidating your graphics workstations alongside existing cloud storage and renderfarms.

Security 245

Security HP Data Center Virtualization 245

CIO Business Intelligence

JANUARY 2, 2024

Reframing technical debt There is no magic potion that can eliminate all technical debt, but technical debt can be attacked via budgeting if technical debt is not just perceived as upgrading IT infrastructure. To address this, the school district must raise funds and budget for replacing or modernizing the building.

Budget 321

Budget Financial Examples Windows 321