CIO Business Intelligence

NOVEMBER 2, 2023

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.

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CIO Business Intelligence

OCTOBER 29, 2024

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

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CIO Business Intelligence

MARCH 21, 2023

“A pragmatic and structured architectural approach when moving to the cloud is critical,” says William Peldzus, senior director and Center of Excellence head with enterprise consulting firm Capgemini Americas. You must ensure at the start of the project that you have a full, holistic cloud budget,” Matin advises.

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CIO Business Intelligence

JULY 18, 2024

This on-demand approach also vastly reduces the upfront costs of buying processors and scales up or down based on workload, notes Tom Richer, a former CIO and current CEO of CloudBench, a Google Partner and CIO consultancy. “To We’ve already seen the cost of AI really start to negatively impact cloud budgets,” he says. “In

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CIO Business Intelligence

JANUARY 9, 2023

The need to grow smartly Gil Westrich’s company, ClearML, is benefiting from increased adoption of artificial intelligence and machine learning (ML) technology. But the CTO and co-founder says that scaling to meet that demand presents its own challenges, which require self-reflection. How do we grow our business responsibly?”

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CIO Business Intelligence

OCTOBER 23, 2023

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.

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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. Then there’s housekeeping.

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CIO Business Intelligence

FEBRUARY 24, 2023

In times of economic downturn, for example, cybercrime may increase as people turn to illegal activities to make money. This is the time when many CFOs trawl through every line item in the budget, looking for potential savings. Cyber budgets must be spent wisely, often without increasing costs or targeting the most likely risks.

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CIO Business Intelligence

FEBRUARY 1, 2023

Host Isaac Sacolick ( @nyike ) was joined by a bevy of consultants and practitioners who had no shortage of advice on the topic. nyike The best way to avoid hidden #cloud costs is to read every word in the contract. Drafting and Negotiating Cloud Computing Agreements’ , so they can understand the many nuances of cloud contracts.

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CIO Business Intelligence

AUGUST 6, 2024

Therefore, always-lurking tech debt gets put on the backburner, says Daniel Saroff, group vice president for consulting and research at IDC. For example, some organizational leaders may balk at replacing an old ERP system because they see it as a back-office function, Saroff says. It’s not a sexy subject,” he says.

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CIO Business Intelligence

NOVEMBER 14, 2024

Agentic AI will integrate smoothly with ERP, CRM, and business intelligence systems to automate workflows, manage data analysis, and generate valuable reports, says Rodrigo Madanes, global innovation AI officer at EY, a consulting and tax services provider.

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CIO Business Intelligence

NOVEMBER 27, 2023

For example, it highlighted a 153% rise in global ransomware attacks from September 2022 to September 2023. Many IT departments lack strong documentation around their code, processes, and systems, says Hemenway, who also serves as a fractional CIO and is a leader with the Arizona SIM chapter. Recent figures do nothing to ease anxiety.

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CIO Business Intelligence

AUGUST 15, 2024

For example, a gen AI virtual assistant can cost $5 million to $6.5 million to roll out, with a recurring annual budget hit of $8,000 to $11,000 per user. Many of those gen AI projects will fail because of poor data quality, inadequate risk controls, unclear business value , or escalating costs , Gartner predicts.

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CIO Business Intelligence

SEPTEMBER 6, 2023

Such conversations … should conclude with clear actions, benefits, timelines, and the budget and resources required to close gaps.” Rahul Mahna, partner and outsourced IT services leader at management consulting firm Eisner Advisory Group, believes that scenario-playing with teams and management colleagues can spur useful security insights.

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CIO Business Intelligence

NOVEMBER 22, 2022

Real-time data gets real — as does the complexity of dealing with it CIOs should prioritize their investment strategy to cope with the growing volume of complex, real-time data that’s pouring into the enterprise, advises Lan Guan, global data and AI lead at business consulting firm Accenture.

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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. So smart working was introduced at AVR last year in the technology business unit with a different supplementary contract for different groups.

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CIO Business Intelligence

SEPTEMBER 11, 2023

More frequently, IT leaders are seeing the value of educating their peers and stakeholders as a win-win for increasing buy-in and budget for digital initiatives. We get consistent investment year over year,’’ says Yao Morin, CTO of global commercial estate company JLL. The payoff can be significant. “We

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CIO Business Intelligence

JANUARY 17, 2024

I take what I learned in the scriptwriting seminar about passion and the narrative arc into every meeting I attend,” one chief technology officer said. The uses of storytelling Storytelling can be used to persuade senior executives to release budget, plot a change in strategy, or share good and bad news.

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CIO Business Intelligence

SEPTEMBER 4, 2024

“Generative AI does have the ability to replace CIOs who don’t embrace the innovative shifts coming for companies,” says Tim Crawford, a former CIO himself and now a CIO strategic advisor at AVOA, a technology consultancy. You might have the CIO rolled into a different role, or you might be able to merge the CIO and CTO,” he says.

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CIO Business Intelligence

OCTOBER 30, 2024

As technologies evolve, CIOs still need to build mutual commitment and support for IT initiatives,” says tech consultant and author Gerald Leonard. Business leaders can’t wait until next year for another budget to get approved.” For example, it’s easy to build the capability to answer questions related to HR policies.

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CIO Business Intelligence

JUNE 7, 2022

Successful AI teams also include a range of people who understand the business and the problems it’s trying to solve, says Bradley Shimmin, chief analyst for AI platforms, analytics, and data management at consulting firm Omdia. The data engineer is foundational for both ML and non-ML initiatives, he says.

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Vox

DECEMBER 19, 2022

In a memo to Meta’s staff also posted on social media, one of Meta’s top executives, CTO Andrew “Boz” Bosworth, reflected on Monday about the difficult moment the company is in. The company is investing about half of its Reality Labs budget into AR, for example, including new hardware device development, Bosworth said.

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CIO Business Intelligence

MAY 24, 2022

“Holistic CloudOps is a framework with several layers that help enterprises manage all aspects of their cloud ecosystem,” says Jason Hatch, vice president and cloud center of excellence lead at consulting firm Capgemini Americas. At a governance layer, we can implement better budgeting and financial tracking and optimization.

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TM Forum

NOVEMBER 19, 2021

“If you’re just automating the existing process to improve it, you’re using an approach that drags the old process forward,” says George Glass, CTO, TM Forum. Examples of processes defined by the Business Process Framework include: Customer order handling. “There’s a logic and a sequence to follow.”

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CIO Business Intelligence

SEPTEMBER 17, 2024

The use of data, analytics, AI, and machine learning has raised ethical questions regarding privacy and the development of appropriate regulations and governance frameworks to ensure AI is safe, transparent, and accountable,” says Ram Chakravarti, CTO of BMC.

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CIO Business Intelligence

DECEMBER 19, 2024

Salesforce, for example, offers three pricing models: one that includes 1,000 Agentforce conversations free with its Salesforce Foundations CRM service; another included with its standard success plan; and $2 per conversation a la carte. That is until they see a spike and burn through half of their budget in a few weeks.

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CIO Business Intelligence

NOVEMBER 7, 2022

Organizations don’t want fractional allocation — people rolling on to a project and rolling off,” he explains. Establishing technology and business owners also drives collaboration. Gary Jeter, EVP & CTO, Trust One. Ema Patki, vice president of software engineering, Align.

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CIO Business Intelligence

JUNE 26, 2023

Ross Meyercord never set out to make the leap from technology leader to CEO, but a set of intentional and opportunistic career choices delivered the breadth of business experience and leadership skills required to land the job. Neal Sample A transferable skill set Meyercord would certainly make that case. Cultivate an appetite for risk.

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CIO Business Intelligence

MARCH 26, 2024

For the more specialized IT needs, there just aren’t enough people to meet the demand,” says Michael Manos, CTO of Dun & Bradstreet. But CIOs are also working with niche consultancies and startups for skills in areas such as cybersecurity, AI, cloud, analytics, and DevOps.

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CIO Business Intelligence

JANUARY 2, 2024

Chris Bowers,CIO of Boston Consulting Group, puts it this way: “In 2024, we’re going to go after generative AI very aggressively. That’s the case for Yi Zhou, CTO and CIO with Adaptive Biotechnologies. Rob Waddell, EVP and CIO of Eliassen Group, provider of professional services, consulting, and talent solutions, is one of them.

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CIO Business Intelligence

JULY 13, 2023

As Seth Dobbs, CTO at Bounteous, explains, “We do creative work. This is true for every technology company and, increasingly, for nontechnology companies seeking to implement technical solutions. Companies often approach this as contract-to-hire strategy,” explains Rowley. “Or CIOs, and their recruiting teams, are well aware.

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CIO Business Intelligence

MARCH 1, 2023

“While computing power and hardware costs are lower on the cloud, your approach may not allow you to enjoy these savings,” explains Neal Sample, consultant and former CIO of Northwestern Mutual. There are a lot of differences between an AWS, for example, and an Azure,” Sample adds. million from 2015 to 2016 and an additional $35.1

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CIO Business Intelligence

AUGUST 14, 2024

Microsoft CTO Kevin Scott compared the company’s Copilot stack to the LAMP stack of Linux, Apache, MySQL and PHP, enabling organizations to build at scale on the internet, and there’s clear enterprise interest in building solutions with these services. A data leakage plan helps here too. “As It’s going to cost you a lot of money,” she says.

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CIO Business Intelligence

MAY 20, 2024

And CIOs said the need for security improvements is the top driver of IT budget increases. There are a couple of reasons for this increasing level of interest in ESG among tech execs, says Yang Shim, technology consulting leader with professional services firm EY Americas.

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Cloud Musings

MARCH 13, 2012

Cost savings must also consider the entire IT lifecycle, not periodic budget cycles. About NJVC ® With a focus on information technology automation, NJVC ® specializes in supporting highly secure, complex IT enterprises in mission-critical environments, particularly for the intelligence and defense communities. Newer Post.

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CIO Business Intelligence

SEPTEMBER 19, 2022

C-suite executives and board members now recognize technology as an integral part of business, and they’re increasingly contributing to — and even leading — technology decisions. Consider, for example, findings from tech research and advisory firm Gartner. Overlooking process and the technology itself. Flying solo.

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Valerian Tech

JUNE 13, 2023

Resource Constraints Smaller healthcare organizations often operate under tight budgets and limited resources, which can hinder their ability to allocate sufficient time, personnel, and financial resources to compliance initiatives. Book a free consult today.

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