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For the past 13 years, Spiceworks has surveyed IT professionals to find out how they feel about IT budgets, emerging technology, and the job market for the year ahead. The post State of IT 2025: Insights on Budgets, Jobs, and AI appeared first on Spiceworks Inc.
This approach not only ensures wise expenditure of remaining budgets but also significantly strengthens organizational security postures. Addressing Training Budgets: Year-End Budget Scenario: It’s common for organizations to approach year-end with an unused budget designated for training.
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.
The focus shouldn’t be on identifying today’s consensus on AI implementation strategies, but rather on making strategic organizational investments in understanding where AI can deliver maximum value for your business while maintaining security and good guardrails and remaining innovative,” he says. Blank says.
With IT budgets projected to grow 9.8% Plus, as a bonus, get a Cost-Cutting Assessment Toolkit to uncover hidden savings in your IT budget. Packed with expert insights and real-world case studies, this guide delivers proven strategies to optimize IT spending, eliminate inefficiencies, and future-proof your operations.
Corporate cloud strategies that yesterday centered on the unglamorous transition of legacy apps from out of the data center, along with some new cloud-native apps, must now incorporate transformative technologies with radically different value propositions — all without breaking the IT budget.
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.
The successful execution of AerCaps growth through acquisition strategy involved many moving parts, among them merging two IT departments, a process that has plagued other high profile M&A projects in the past. Business strategy must drive IT decision making Business-first pragmatism is the key to understanding what makes Koletzki tick.
Today, Forrester released our 2025 Budget Planning Guides. It’s always an exciting time when we gather survey data and insights from our client conversations to produce a set of collective recommendations that B2B marketing executives should consider for the year ahead.
Learn from senior executives at high-growth tech startups as they outline financial planning strategies, align CEO and board goals, and coordinate budgets across departments. Discover real-world solutions and best practices shared by top CFOs, drawn directly from discussions within OG’s vibrant online community.
CISOs are at the forefront of securing an adequate budget for cybersecurity. Five leaders share their advice about budgeting challenges and strategies.
This is where a long-term strategy that prioritizes sustainable value over short-term savings comes in handy but only if you can help sell the vision to the board, show a clear path to achieving the goals agreed upon with IT and Finance executives, and get support from across the business to take part in the successful execution of the plans.
Here, we explore the key factors impeding IT modernization and provide recommendations to overcome them (with real-world illustrations of strategies). For instance, Capital One successfully transitioned from mainframe systems to a cloud-first strategy by gradually migrating critical applications to Amazon Web Services (AWS).
Business leaders can’t wait until next year for another budget to get approved.” “New business opportunities arise at any time, and people have to be able to quickly purchase tools to get the job done,” he says.
In this Analyst Brief developed with IDC, discover how and why the best solution to this complexity is a managed service, including: Streamlined compliance with some of the most complex regulatory guidelines Simplified operations, like automated patching and maintenance Cost efficiency, allowing you to shift your budget towards critical priorities (..)
As AI technologies evolve, organizations can utilize frameworks to measure short-term ROI from AI initiatives against key performance indicators (KPIs) linked to business objectives, says Soumendra Mohanty, chief strategy officer at data science and AI solutions provider Tredence. Start by focusing on a current project.
When your CEO or CFO asks about the budget needed for technical debt remediation , do you find yourself struggling to justify the investment? Suboptimal integration strategies are partly to blame, and on top of this, companies often don’t have security architecture that can handle both people and AI agents working on IT systems.
“What’s your AI strategy?” It fundamentally misunderstands strategy. Confusing tools with strategy is a fast track to wasted resources and missed opportunities. Here’s the uncomfortable truth: Your tech stack decisions should follow your strategy, not lead it. Your strategy should reflect that.
This is true whether it’s an outdated system that’s no longer vendor-supported or infrastructure that doesn’t align with a cloud-first strategy, says Carrie Rasmussen, CIO at human resources software and services firm Dayforce. A first step, Rasmussen says, is ensuring that existing tools are delivering maximum value.
Fortunately, these factors can be controlled with the right tools and strategies in place. Professional Services at Microsoft, and Andy Yeomans, Executive Vice President at HSO ProServ, explore strategies firms can take to maximize project performance. Put project and budget controls back in the hands of your project managers.
CIOs should prioritize AI, security, and investing in talent for their 2025 budgets Emphasizing diverse hiring, leadership development, and hybrid work policies will enhance organizational performance and employee satisfaction. Transformational leadership is critical in navigating future challenges.
Enterprises in Germany, Austria, and Switzerland are accelerating their transition to cloud-based ERP solutions, with SAP playing a key role in their digital transformation strategies. However, there is a notable decline in organizations maintaining a stable SAP budget, with only 23% keeping spending unchanged compared to 32% in 2024.
The top contributors holding a network team back from growing and becoming more capable of managing increasing complexity and more tasks include: Lack of budget: 75% Candidates lack needed skillsets: 48% Politics (roadblocks, delays, etc.):
And beyond [that timeframe], its more at a strategy level, knowing that what and how Ill deliver is going to change. Doing so keeps her focused on supporting the companys overall future strategy but with enough flexibility to adjust along the journey. Its more about our annual portfolio.
The Index showed that 50% of those surveyed have between 10% and 30% of their current IT budget dedicated to AI. “This is not deterring them, as leaders say they will not only continue to invest in AI, but actually increase their spend,” Cisco stated.
As a CIO, Ive experienced that many enterprises have strong architecture disciplines with great governance practices and a roadmap that closely aligns various IT strategies. Strong alignment of IT and cyber strategy, however, is often an exception rather than a rule. They are also the leaders most likely to receive budget cut targets.
For CIOs tasked with managing IT budgets while driving technological innovation, balancing these costs against the benefits of GenAI is essential. Well also examine strategies CIOs can use to address these challenges, ensuring their organizations can recognize the rewards of GenAI without compromising financial stability.
Gen AI-driven application modernization tools are revolutionizing mainframe modernization strategies, accelerating time to value, and closing mainframe skills gaps by enabling developers to modernize or build applications faster and more efficiently,” the study stated.
research firm Vanson Bourne to survey 650 global IT, DevOps, and Platform Engineering decision-makers on their enterprise AI strategy. AI a primary driver in IT modernization and data mobility AI’s demand for data requires businesses to have a secure and accessible data strategy. Nutanix commissioned U.K.
Technology architecture leaders see positive economic signs heading into the 2025 budget planning season. Find out how you can optimize your budget in the year ahead to fund new technology investment and experimentation.
Either way, cost concerns, including price unpredictability, are putting many CIOs AI strategies on edge. More than half plan to increase their AI budgets this year , a slight decrease from the 61% who increased their AI budgets in the past year. Organizations should be wary of AI as a free add-on, Hamilton says.
It would improve the experience of doctors by automating administrative tasks “The most interesting thing is that we will be able to solve problems daily for our patients and improve our outcomes by giving people the right tools to make decisions,” explained Dr. Sam, Chief Medical Strategy Officer at Numan (UK). “AI
Perhaps the most exciting aspect of cultivating an AI strategy is choosing use cases to bring to life. Can you deliver your applications on time and on budget? For many of you, this is the white-knuckle time; the wrong decision can set your GenAI strategy back months. What model(s) do you choose?
By pricing based on the underlying costs of compute, latency, and throughput, this model provides clarity on how charges are determined and allows for more precise budgeting, Leo John says. It all sounds good, but the challenge is that people get annual budgets and cannot tolerate variability, he says.
Following are ways CIOs can help overcome disconnect in the C-suite on the evolving nature of their role in an effort to better enable support for their digital strategies. The dialogue with the board and with human resources is fruitful, and the managers are receptive, which greatly facilitates the digital strategy.”
principal and national US CIO program leader as well as AI and data strategy practice leader at Deloitte Consulting. But I remind tech leaders that one of the biggest line items in any organization is the IT budget. For example,] they can work on AI strategies but leave the tech behind in many ways, he says.
Since its inception, the Digital Policeman project has documented over 6,000 bribery attempts, recorded 443,765 administrative violations, and solved 2,613 crimesall while saving Kazakhstans national budget $6 million. With over 10,000 smart badges and 21,000 tablets deployed, the project is reshaping the very fabric of public safety.
When you plan your budget wisely, you'll often get better results. We asked IT pros in the Spiceworks Community for their budgeting best practices that help them secure the most money during annual budget planning. The post Best Practices for Budgeting for Tech, According to IT Pros appeared first on Spiceworks Inc.
Twenty-plus years in, CIOs have discovered that, when it comes to IT, everything is going to need a strategy. As CIO, you need a data strategy. You need a cloud strategy. You need a security strategy. Just this past year another strategy must-have arrived to upend nearly every organization.
In a multi-cloud strategy, organizations use services from multiple cloud providers to avoid vendor lock-in and enhance resilience. Magesh Kasthuri Whats your FinOps strategy? Thats primarily due to the benefits of FinOps in designing governance, cost optimization strategies and cloud usage policies that organizations understand.
However, this perception of resilience must be backed up by robust, tested strategies that can withstand real-world threats. One major gap in the findings is that four in ten respondents admitted their organization had not reviewed its cyber resilience strategy in the last six months. India (67%) expressed the greatest concern.
CIOs have to accept that their current budget does not allow them to do the transformative work in data thats necessary, he says. Thats driving up spending on AI , but its not bringing in the finances needed to put the data house in order, says Ted Schadler, vice president and principal analyst at Forrester Research.
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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