Remove Budget Remove Course Remove Fractional CTO
article thumbnail

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.

Budget 128
article thumbnail

6 tips for making the most of a tight IT budget

CIO Business Intelligence

IT leaders seeking to drive enterprise growth through technology investments are often saddled with budgets that make their tasks of increasing the top and bottom lines challenging. Despite an estimated increase to IT budgets of 5.1% The year 2023 seems to be no different.

Budget 138
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Transforming IT for digital success

CIO Business Intelligence

CIOs and their IT teams have enjoyed a bump in power and prestige in recent years, as the C-suite has embraced continuous transformation, digital everything, and a host of emerging technologies — all enabled by IT. This reinvention goes beyond the adoption of cloud, agile development principles, and cutting-edge technologies.

article thumbnail

Is the gen AI bubble due to burst? CIOs face rethink ahead

CIO Business Intelligence

Generative AI has been hyped so much over the past two years that observers see an inevitable course correction ahead — one that should prompt CIOs to rethink their gen AI strategies. million to roll out, with a recurring annual budget hit of $8,000 to $11,000 per user. For example, a gen AI virtual assistant can cost $5 million to $6.5

article thumbnail

7 signs it’s time to modernize your IT systems

CIO Business Intelligence

When addressed properly , application and platform modernization drives immense value and positions organizations ahead of their competition, says Anindeep Kar, a consultant with technology research and advisory firm ISG. The bad news, however, is that IT system modernization requires significant financial and time investments.

System 138
article thumbnail

Aware of what tech debt costs them, CIOs still can’t make it an IT priority

CIO Business Intelligence

Therefore, always-lurking tech debt gets put on the backburner, says Daniel Saroff, group vice president for consulting and research at IDC. You need to have an architecture, design, and plan that allows you to course correct along the way. It’s not a sexy subject,” he says. It’s not a subject the board are pounding their fists over.”

Hardware 141
article thumbnail

Software project management challenges — and how to handle them

CIO Business Intelligence

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. On time and on budget are much easier to judge with the finger on the pulse of expectations of both the users and the developers.” What we can’t measure we can’t improve.