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3 key digital transformation priorities for 2024

CIO Business Intelligence

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Luckily, many are expanding budgets to do so. “94%

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10 projects top of mind for IT leaders today

CIO Business Intelligence

The CIO position has morphed since its inception 40 years ago, shifting from a nuts-and-bolts techie job to an increasingly business- and strategy-focused executive role. This has CIOs moving from experimenting and testing intelligence in pockets to scaling up deployments and rolling out intelligence throughout their organizations.

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8 steps to build a successful multicloud strategy

IBM Big Data Hub

billion in 2024, up from $563.6 To overcome various challenges associated with multicloud , organizations need to map out a comprehensive multicloud management strategy to achieve overall success. While each multicloud journey is unique, here are eight fundamental steps for creating a successful multicloud strategy: 1.

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CEOs’ top priorities for IT leaders today

CIO Business Intelligence

“We know what we’re trying to achieve, because we know the business goals and objectives,” We want to grow substantially, and we want to do that with speed,” says Bilker, whose clarity on IT’s business objectives mirror the top directives CEOs are giving their CIOs, according to the 2024 State of the CIO Study from Foundry, publisher of CIO.com.

IT 126
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Selling the C-suite on preemptive IT investments

CIO Business Intelligence

And 2024 looks to be that kind of year, with John-David Lovelock, distinguished VP analyst, reporting that “IT spending will be driven by more traditional forces, such as profitability, labor, and dragged down by a continued wave of change fatigue.” Here are three strategies for getting it done.

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CIOs weigh where to place AI bets — and how to de-risk them

CIO Business Intelligence

billion in 2024 to $521.0 Coming to grips with risk The first step in making any bet — or investment — is to understand your ability to withstand risk. “We When it comes to AI, Nafde sees risks in the vendors selected, the business-worthiness of the use case, and the cost of the initiative. billion on 2027.

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The Countdown to DORA

CIO Business Intelligence

From the point- of view of financial institutions, that elevation of risk has consequences across multiple aspects of their business, such as how they consume technology and how they transform their business by transitioning to new technologies like cloud computing. Countdown to 2024. Educate and get buy-in from senior management.