CIO Business Intelligence

FEBRUARY 19, 2025

In a survey of 2,300 IT decision makers that IBM released in December, 47% say theyre already seeing ROI from their AI investments, and 33% say theyre breaking even on AI. According to experts and other survey findings, in addition to sales and marketing, other top use cases include productivity, software development, and customer service.

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CTOvision

FEBRUARY 24, 2014

By Bob Gourley The Open Web Application Security Project (OWASP) has just releases the results of a Survey of global CISO s. The survey of global CISOs highlights several interesting conclusions including: Application security risks are clearly on the rise, in absolute numbers and also relative to infrastructure security risks.

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Survey Applications Report Security 267

CIO Business Intelligence

FEBRUARY 5, 2025

Half of CFOs say they plan to cut AI funding if it doesnt show measurable ROI within a year, according to a global survey from accounts payable automation firm Basware, which included 400 CFOs and finance leaders. When it comes to AI investments, companies want results and they want them fast.

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Survey CTO Strategy Data 293

CIO Business Intelligence

JANUARY 26, 2023

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% Despite an estimated increase to IT budgets of 5.1%

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Budget Fractional CTO Cloud CTO Hire 345

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. According to IDCs 2023 CIO Sentiment Survey , organizations were spending an average of 12.8% of their IT budgets on tech debt at that time.

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Cloud Applications Insurance Data 270

CIO Business Intelligence

OCTOBER 29, 2024

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. The one thing an IT leader should never do is sprinkle investments across multiple areas, Rasmussen says.

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System Fractional CTO Strategy Enterprise 349

CIO Business Intelligence

FEBRUARY 13, 2023

The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. Businesses are exploring new ways to apply low-code data science to unlock insights on how to improve processes, says Matt Mead, CTO at tech modernization firm SPR. “AI

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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. This is a key finding of a survey commissioned by Boomi from Forrester Research. This is a key finding of a survey commissioned by Boomi from Forrester Research.

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Cloud Budget Architecture Survey 328

CIO Business Intelligence

MAY 16, 2024

With 43% of CTOs reporting up to another IT leader or LOB executive, according to the 2024 State of the CIO survey , and just 38% having a budget separate from IT, as change agents they can find themselves in a difficult spot. Where CTOs have execution responsibility and not just vision makes [the job] easier.”

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CTO Survey Budget Report 326

CIO Business Intelligence

NOVEMBER 27, 2024

Case in point was the high turnover rate at road and highway maintenance company AVR Group, and the solutions enacted by its CTO Pierangelo Perdomi to remedy it. This program has its own planning and also a dedicated budget. People stay if they see a future in their career and professional growth,” he says.

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CTO Hire Training Resources Fractional CTO 317

CIO Business Intelligence

DECEMBER 5, 2024

In a recent global survey , 86% of participants said their organizations had dedicated budget to generative AI, but three-quarters admitted to significant concerns about data privacy and security. Generative artificial intelligence (AI) is hot property when it comes to investment, but there’s a pronounced hesitancy around adoption.

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Government Artificial Intelligence Energy CTO 147

CIO Business Intelligence

OCTOBER 8, 2024

Less than half of C-level executives believe their IT organizations are effectively delivering basic services, compared to about two-thirds with confidence in 2013, according to a survey recently released by the IBM Institute for Business Value. The drop was the largest among the CEOs surveyed. Confidence also fell among CFOs.

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Survey Strategy IBM CTO 351

CIO Business Intelligence

NOVEMBER 8, 2023

Inflation may have dropped from its high in 2022, but the price pressures on IT budgets have continued unabated. Forty-one percent of the CIOs in the survey said they’ve changed their cycle for revisiting IT budgets to at least every month, says Tony Olvet, IDC’s VP of worldwide C-suite and digital business research. Here’s how.

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Fractional CTO CTO Hire Budget Software 334

CTOvision

FEBRUARY 5, 2014

By Deepak Kumar Editor’s note: This guest post is by Deepak Kumar, Founder and CTO of Adaptiva. Over the last year, IT budgets saw modest growth as departments embraced mobile, cloud and virtualization in record numbers. However, only 15 percent of those surveyed said they were planning to expand WAN capacity. – bg.

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CIO Business Intelligence

JUNE 2, 2022

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. AI enhances operational efficiency. 5G aids customer service. Gartner highlights AI trend in banking.

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Banking Artificial Intelligence Financial Architecture 363

CIO Business Intelligence

FEBRUARY 13, 2024

To name a few — products and services that are delivered on time and on budget, and overall IT ROI.” Rate of change “The most important metric for IT success is rate of change,” says Nicolas Avila, CTO for North America at IT and software development company Globant. Metrics provide a means to monitor progress.” Here they are.

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Fractional CTO Survey Project Management CTO 350

CIO Business Intelligence

MAY 20, 2024

Artificial intelligence and machine learning Unsurprisingly, AI and machine learning top the list of initiatives CIOs expect their involvement to increase in the coming year, with 80% of respondents to the State of the CIO survey saying so. Other surveys offer similar findings. 1 priority among its respondents as well. For Rev.io

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CIO Business Intelligence

AUGUST 6, 2024

Tech debt can take many forms — old applications, bloated code, and aging hardware among them — and while the issue often takes a back seat to innovation and new technology, it is on the minds of a lot of CIOs. And 47% percent of those who expect to overspend blamed excessive tech debt, including old apps.

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Hardware Fractional CTO Survey System 354

CIO Business Intelligence

SEPTEMBER 4, 2024

And online education company Pluralsight conducted a survey of IT professionals in the US and UK and found that 74% worried AI tools will make many of their daily skills obsolete. Hopefully, the AI is taking some of those routine tasks,” says Henry Svendblad, CTO at Company Nurse, which helps companies handle workplace injuries. “I

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Fractional CTO CTO Training Strategy 334

CIO Business Intelligence

DECEMBER 5, 2023

“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.” Today’s CIO is not just a technology leader, but a business executive. Zero-based budgeting can be a good approach for discretionary spending.

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Fractional CTO CTO Hire Budget Licensing 347

CIO Business Intelligence

MARCH 27, 2023

According to the 2023 State of the CIO research , which surveyed 837 IT leaders and 201 line of business (LOB) participants, functional and transformational work consumed the bulk of IT leaders’ time this year, much the same as 2022. A CIO or CTO who wakes up thinking about technology is thinking about the wrong things.”

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Strategy Survey Budget Insurance 274

CIO Business Intelligence

JANUARY 11, 2024

We are giving our budget and proposed projects more scrutiny to invest in areas that have clear attribution toward generated increased revenue, more efficiencies, lower costs, and improved workplace experiences,” Srivastava says. We believe that smart technology still holds the biggest promise to improve our client’s operations,” he says.

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CIO Business Intelligence

MARCH 21, 2023

“In reality, cloud migration is expensive, and not having a full and complete picture of all costs can sink a business,” warns Aref Matin, CTO at publishing firm John Wiley & Sons. You must ensure at the start of the project that you have a full, holistic cloud budget,” Matin advises.

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Cloud Fractional CTO Enterprise Enterprise 325

CIO Business Intelligence

NOVEMBER 27, 2023

“It seems to be an increasing worry — worry over whether the enterprise is secure and its data is protected, because everything else falls to the wayside if that’s not taken care of first,” says John Buccola, CTO of E78 Partners, which provides consulting and managed services in finance technology and other professional areas.

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Fractional CTO CTO Hire Budget Report 346

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.

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Cloud CTO Hire Fractional CTO Budget 312

CIO Business Intelligence

DECEMBER 29, 2023

“With a focus on automation for customer service and telesales functions, we’re looking at intelligent automation solutions that can help improve customer engagement and self-help capabilities,” says Chris Pendergast, the company’s SVP and CTO.

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Fractional CTO Cloud Strategy Data 349

CIO Business Intelligence

SEPTEMBER 19, 2022

It found that 53% of the organizations it surveyed reported that their directors are among the main decision-makers for emerging technology investments, coming in just behind their CIOs and chief technology officers. Overlooking process and the technology itself.

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CIO Business Intelligence

NOVEMBER 7, 2022

Leadership worked to identify process owners within the business to become product owners within product families that are essentially owned by IT, according to Gary Jeter, Trust One’s executive vice president and chief technology officer. Establishing technology and business owners also drives collaboration.

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CIO Business Intelligence

OCTOBER 21, 2024

CIOs now list innovation as the most important trait they need to bring to their role, according to a 2024 survey by professional services firm Deloitte — ahead of delivering top-line value and serving as change agents, two endeavors that require innovation to facilitate. As former CTO and head of digital at Harley-Davidson Motor Co.,

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Fractional CTO Transportation System Groups 343

CIO Business Intelligence

FEBRUARY 1, 2023

A 2022 survey of 850 IT leaders by Foundry found more than two-thirds were accelerating their cloud migration and nearly three-quarters (72%) were defaulting to cloud-based services for upgrades or new IT purchases. Exceeding the planned budget. It’s an issue that’s coming to the fore with the steady migration to the cloud.

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Cloud Fractional CTO CTO Hire Data Center 279

CIO Business Intelligence

AUGUST 14, 2024

Ahead in a broad market In Morgan Stanley’s quarterly CIO survey, 38% of CIOs expected to adopt Microsoft Copilot tools over the next 12 months. Many IT budgets are fixed, and saving time doesn’t automatically mean more money available to spend. It’s going to cost you a lot of money,” she says.

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Microsoft Enterprise Enterprise Data 340

CIO Business Intelligence

JULY 23, 2024

On the other hand, having too many monitoring tools, thousands of alerts, and ill-defined SLOs creates a culture of pervasive IT incident firefighting. “Engineering teams are wasting precious time chasing alerts,” suggests Asaf Yigal, co-founder and CTO of Logz.io. Create or adapt an alerting system when unexpected spending occurs.

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Government Security Cloud System 357

CIO Business Intelligence

NOVEMBER 21, 2023

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years.

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Government Programming Tools Strategy 344

CTOvision

OCTOBER 14, 2015

Mobile access is being demanded by employees, yet many enterprises are holding back for fear of being unable to work out issues between traditional back-office systems and a full-on mobile strategy. The good news is that there have been steps forward since our 2012 survey. As always it revolves around budgets.

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Mobile Survey Cloud Enterprise 150

CTOvision

MARCH 31, 2015

In a recent AIIM survey of more than 400 organizations, we found that nearly two-thirds described their SharePoint projects as either stalled (26%) or just not meeting expectations (37%). Despite the concerns – only eight percent of our survey respondents are considering replacing SharePoint and only one percent have actually done so.

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Enterprise Enterprise Survey CTO 150

CIO Business Intelligence

APRIL 20, 2023

So the CIO, the technologies they deploy, and the partnerships they form are essential to the future of a more environmentally sustainable way of doing business. Their deep connections to a variety of vendors, skills, experience and templates will be highly useful. “It

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Fractional CTO Energy Insurance Strategy 263

CIO Business Intelligence

OCTOBER 4, 2022

The Global Workforce Hopes and Fears Survey , conducted by PwC, predicts that one in five workers worldwide may quit their jobs in 2022 with 71% of respondents citing salary as the major driver for changing jobs. This would have not only impacted our budget but would have also created an imbalance in the IT department.

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