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How to get your CFO to buy into a better model for IT funding

CIO Business Intelligence

And they want to know exactly how much return on investment (ROI) can be expected when IT leaders make technology-related changes. Continuous and dependable funding facilitates IT leaders’ ability to deliver leading-edge technology solutions while not increasing technical debt. Meanwhile, CIOs want certainty when it comes to funding.

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Advice from procurement: How to evaluate and propose new IT investments

CIO Business Intelligence

So how can you request a new investment from your decision-makers while ensuring minimal costs and maximum ROI this year? Procurement professionals are skilled at negotiating contracts, identifying cost-saving opportunities, and evaluating vendors. Gartner recently cut their expected IT budget prediction from 5.1% to just 2.2%

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10 Best Big Data Analytics Tools You Need To Know in 2023

FineReport

By leveraging Big Data technologies, companies can collect, store, and analyze information to make informed decisions and improve their operations. Cost Savings : Big data tools such as FineReport , Hadoop, Spark, and Apache can assist businesses in saving costs by storing and handling huge amounts of data more efficiently.

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Transforming IT for digital success

CIO Business Intelligence

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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4 strategic sourcing use cases to strengthen your supply chain

IBM Big Data Hub

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.