Remove 2023 Remove ROI Remove Uncertainty
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Sustainability: Real progress but also thorny challenges ahead

CIO Business Intelligence

IDC’s Sustainability Readiness Survey (July/August 2023) also found that organizations worldwide have improved in their environmental sustainability efforts over the past few years. Overcoming this hurdle requires strong leadership and good data that will lead to effectively investing budgets in ways that yield a measurable ROI.

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Top 9 challenges IT leaders will face in 2023

CIO Business Intelligence

Economic uncertainty Organizations are concerned about multiple economic forces that are all causing uncertainty, says Srinivas Mukkamala, chief product officer at Ivanti. How do you future-proof your business in the face of so much uncertainty?

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Moderate IT budget increases have CIOs shaping 2025 strategies to suit

CIO Business Intelligence

increase in IT spending overall in 2024, compared to 4% in 2023, software spending growth suggests CIOs need to adjust their budgets downward elsewhere. Even with global economic uncertainties, organizations that aren’t investing in AI risk getting left behind, he adds. through 2027. With Forrester projecting a 5.3%

Strategy 134
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CIOs must beware committing ‘AI washing’ themselves

CIO Business Intelligence

The five-year average for AI mentions during earnings calls was 80, with mentions increasing sharply since the first quarter of 2023, shortly after the debut of ChatGPT, the company wrote in a blog post. Gen AI can still hallucinate, even if tuned, creating a level of uncertainty when more traditional tools would be more consistent.

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Customer service, especially field service, helps companies outperform competitors and drive growth

CIO Business Intelligence

In economic uncertainty, it’s natural for executives to explore where to reduce spending, trim the fat , so to speak, and cut enterprising investments as a matter of caution. But this thinking is also counter-productive for all the reasons that make uncertainty so predictable. Business, CIO, Employee Experience

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4 ways to invest in IT during a recession while keeping costs low

CIO Business Intelligence

The world is experiencing an onslaught of economic uncertainty, and the IT industry is facing headwinds just like any other. in 2023 on average – lower than the projected 6.5% In other words, businesses are paying an invisible “tool sprawl tax,” which is adding to the TCO and cutting into businesses’ ROI. global inflation rate.

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What’s New and What’s Next in 2023 for HPC

CIO Business Intelligence

Cloud, sustainability, scale, and exponential data growth—these major factors that set the tone for high performance computing (HPC) in 2022 will also be key in driving innovation for 2023. Fortunately, the HPC community is both collaborative and transparent in our work to apply and advance supercomputing technologies.