Remove 2023 Remove IT Remove Optimization Remove Uncertainty
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Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

As of February 2, 2024, the employee count stood at approximately 120,000, declining from the 133,000 recorded in February 2023. This sector is expected to see an annual growth rate exceeding 20 percent from 2023 to 2026. “We These actions resulted in a reduction in overall headcount.

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IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Although there are efforts to boost industries such as semiconductors, there is much uncertainty about when the impact may be seen.

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Top 8 challenges IT leaders will face in 2024

CIO Business Intelligence

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. To guide an organization through uncertainty, IT leaders must help ensure everyone in the company is on the same page, Srivastava says.

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AWS growth slows further by persistent macroeconomic uncertainty

CIO Business Intelligence

“Starting back in the middle of the third quarter of 2022, we saw our year-over-year growth rates slow as enterprises of all sizes evaluated ways to optimize their cloud spending in response to the tough macroeconomic conditions,” Brian Olsavsky, chief financial officer at Amazon, said during an earnings call with analysts. “As

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Seek solutions now to remedy surging cloud costs

CIO Business Intelligence

Yet many companies still find it difficult to keep an eye on the costs of their cloud deployment and to continuously optimize them. At the end of 2023, analysts surveyed 420 IT decision-makers worldwide about their cloud usage, a quarter of whom were primarily from Germany, France, and the UK.

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Why Finance Teams are Struggling with Efficiency in 2023

Jet Global

What are the top strengths, challenges, and areas of improvement for finance decision-makers in 2023? External Market Challenges are Hampering Finance Teams In 2023, the impact of external factors is clear as the optimism from the previous year has been replaced by pragmatism and realism. The Result?

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IBM to acquire Octo to boost its US government business

CIO Business Intelligence

The US Federal Government has been investing heavily in IT modernization and cybersecurity, with an estimated budget of $65 billion for 2023 for civilian IT spending, according to a White House report. Its consulting business alone has acquired 13 companies to boost its offerings.

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