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What it takes to land a CIO gig in 2024

CIO Business Intelligence

By all accounts, 2024 will be a good year on the CIO hiring front. Global spending on technology is predicted to be up by virtually all forecasts. 2024 seems to be trending higher for CIO demand,” Licciardello says. Most midsize and large organizations are spending significantly on cloud capabilities.

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IDC Middle East CIO Summit 2024: How CIOs Are Embracing the AI Era

CIO Business Intelligence

Get ready for the IDC Middle East CIO Summit 2024. Recent breakthroughs in generative AI (GenAI) are reshaping the technological landscape at an unprecedented rate, and IDC forecasts that annual worldwide spending on AI-centric systems will exceed 300 billion USD by 2026.

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The impact of AI on edge computing

CIO Business Intelligence

IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1 over the 2023-2027 forecast period 1. 1 IDC forecasts spending on GenAI solutions will double in 2024 and grow to $151.1

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Private cloud makes its comeback, thanks to AI

CIO Business Intelligence

Private cloud providers may be among the key beneficiaries of today’s generative AI gold rush as, once seemingly passé in favor of public cloud, CIOs are giving private clouds — either on-premises or hosted by a partner — a second look. billion in 2024, and more than double by 2027. billion in 2024 and grow to $66.4

IT 143
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IDC: Pace of enterprise applications sales will increase next year

CIO Business Intelligence

IDC forecasts the growth rate of enterprise applications software sales will pick up in 2024, and remain steady through 2027, despite a dip this year as a result of CIOs continuing to pull back on spending due to economic headwinds. this year, before picking up again in 2024 and averaging 9.6% Software sales grew 9.8%

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SAP raises on-prem support costs again to drive cloud adoption

CIO Business Intelligence

Our new innovations will not be available for on-premise or hosted on-premise ERP customers on hyperscalers.” From the start of 2024, it will again increase support prices by local CPI rates—but this time, it’s raising the cap to 5%. This is how we will deliver these innovations with speed, agility, quality, and efficiency.

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IT services company Atos plans IBM-style split

CIO Business Intelligence

The largest of the three lines, “tech foundations,” bundles together what Atos calls its “mature” businesses: data centers and hosting; the digital workplace; unified communication and collaboration; and business process outsourcing. Atos forecasts that TFCo revenue will similarly continue to decline, falling from €5.0 billion ($5.3

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