Remove Budget Remove CTO Hire Remove Strategy
article thumbnail

Cost concerns put CIOs’ AI strategies on edge

CIO Business Intelligence

Sastry Durvasula, chief operating, information, and digital officer at TIAA, firmly believes consumption-based pricing is the best model for business organizations AI strategies. Since AI is new for most companies, this creates a budgeting challenge for their AI initiatives. But it doesnt have to be that way.

Strategy 317
article thumbnail

6 ways you’re failing at change management

CIO Business Intelligence

You wouldnt hire someone who doesnt know how to write code to develop your software, so why would you expect a project manager or business analyst to drive change management? Leaders should prioritize communication strategies that foster trust and transparency, explaining not just what changes are happening but why they matter.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Where CIOs should place their 2025 AI bets

CIO Business Intelligence

CIOs were given significant budgets to improve productivity, cost savings, and competitive advantages with gen AI. times compared to 2023 but forecasts lower increases over the next two to five years. As gen AI heads to Gartners trough of disillusionment , CIOs should consider how to realign their 2025 strategies and roadmaps.

CTO Hire 356
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 336
article thumbnail

What is a CTO? The exec who sets tech strategy

CIO Business Intelligence

What is a CTO? The chief technology officer (CTO) is the senior executive who focuses on the technological requirements, opportunities, and challenges within an organization. What does a CTO do? What does a CTO do? Years ago, the CTO most often led the infrastructure function.

article thumbnail

Taking stock of human capital in the age of AI

CIO Business Intelligence

The ideal approach, some say, is to make AI as much a part of HR strategy as it is part of IT strategy. Lack of properly trained candidates is the main cause of delays, and for this reason, IT and digital directors in Italy work together with HR on talent strategies by focusing on training.

CTO Hire 317
article thumbnail

CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023.

Strategy 351