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How will AI agents be priced? CIOs need to pay attention

CIO Business Intelligence

Conversations and subscriptions A per-conversation model seems to be an emerging approach, says Sesh Iyer, managing director, senior partner, and North America regional chair at BCG X, Boston Consulting Groups IT building and designing group. That is until they see a spike and burn through half of their budget in a few weeks.

Budget 322
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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 349
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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.

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CIOs are rethinking how they use public cloud services. Here’s why.

CIO Business Intelligence

Cloud spending is going up and budgets are tightening, so theyre asking whats going on and how do we right this ship. Cloud spending is going up and budgets are tightening, so theyre asking whats going on and how do we right this ship. We see this more as a trend, he says. Where are those workloads going?

Cloud 349
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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
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7 enterprise data strategy trends

CIO Business Intelligence

As with just about everything in IT, a data strategy must evolve over time to keep pace with evolving technologies, customers, markets, business needs and practices, regulations, and a virtually endless number of other priorities. CIO at Black & Veatch, a global engineering, procurement, consulting, and construction company.

Strategy 363
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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