IT spending and budgeting
CIOs are constantly changing their IT spending and budgeting plans as many organizations are forced to do more with less, and limited financial, human and technical resources can often make things stressful for CIOs. Find the latest IT spending and budgeting information and advice for CIOs, including news, tips and other resources, in this topic section.
Top Stories
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Tip
01 Sep 2022
Cybersecurity budget breakdown and best practices
Once budget is secured, CISOs must figure out where it should be allocated -- as well as how to justify the costs. Get the lowdown on a cybersecurity budget breakdown here. Continue Reading
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Tip
20 May 2022
8 free IT strategic planning templates and examples for CIOs
As technology becomes a business differentiator, a well-thought-out IT strategy plan is more crucial than ever. These IT strategy templates help CIOs make IT a business driver. Continue Reading
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News
22 Oct 2021
Gartner predicts IT spending to reach $4.5 trillion in 2022
Corporate boards will prioritize their digital tech initiatives, as fully remote work gives way to a thoughtful hybrid work model that places IT at the core of business operations. Continue Reading
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Tip
11 Oct 2021
5 open source offensive security tools for red teaming
To be an effective red teamer, you need the right tools in your arsenal. These are five of the open source offensive security tools worth learning. Continue Reading
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Feature
17 Sep 2021
Top 10 promising 5G use cases CIOs should know
The technological advantages 5G presents are well known. The hard part for business leaders is choosing where 5G implementation can be the difference maker for their organization. Continue Reading
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Guest Post
17 Aug 2021
How IT can enable long-term hybrid remote work
Hybrid work is here to stay. To keep employees happy and productive, CIOs should partner with stakeholders companywide to design a hybrid remote program suitable for the long term. Continue Reading
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Tip
21 Jul 2021
How to plan for the cost of unplanned downtime
Unplanned downtime can lead to serious consequences, including reputational harm, revenue loss and extra IT costs. Use these tips to plan for the unexpected. Continue Reading
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Tip
24 Jun 2021
A CIO's guide to legacy system modernization
For CIOs, understanding what legacy system modernization entails, when it's necessary and which approaches are right for their needs leads to optimal performance in the enterprise. Continue Reading
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Tip
17 Jun 2021
What is the hidden cost of maintaining legacy systems?
One of the main factors when deciding whether to keep or replace legacy systems is determining the cost. Here we dive into five of the hidden costs CIOs should be aware of today. Continue Reading
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Feature
12 May 2021
Top network IT investments include 5G, smartNICs, cloud
Market analysts showed interest in 5G and smartNICs during an ONUG conference panel on enterprise IT investments. And don't forget the seemingly inevitable mention of cloud. Continue Reading
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Guest Post
09 Apr 2021
4 IT contract negotiation strategies to drive value in 2021
To ensure businesses today can effectively save costs through IT sourcing and outsourcing, we're offering four tips for IT leaders to consider when in negotiations with providers. Continue Reading
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Tip
18 Mar 2021
5 ways to gain the financial benefits of cloud computing
For organizations migrating to the cloud, we've compiled a list of the top strategies to use to ensure they're saving on costs along the way. Continue Reading
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Tip
05 Mar 2021
How to measure and improve digital transformation ROI
Demonstrating a compelling ROI on digital transformation initiatives is vital to securing business support and ongoing funding for additional projects. These 9 tips will help. Continue Reading
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Tip
19 Feb 2021
4 tips on how to reduce IT infrastructure costs
As organizations reevaluate their budgets to keep up with today's economy, experts provide tips on how they can effectively reduce IT costs. Continue Reading
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Guest Post
18 Feb 2021
Digital adoption a key success factor for organizations post-pandemic
Digital adoption platforms are slated to become a crucial aspect within organizations as they continue to undergo digital transformation to thrive in today's market. Here's why. Continue Reading
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Tip
16 Feb 2021
7 IT cost optimization strategies for CIOs
We've compiled a list of seven IT cost optimization strategies CIOs can apply to any framework to help reduce costs within their organizations while still enabling business operations. Continue Reading
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Tip
11 Feb 2021
A work-from-home reimbursement policy for network tech
A work-from-home reimbursement plan should drive better network and internet connectivity rates for remote workers and not just offset employees' existing bills. Continue Reading
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News
21 Jan 2021
Cloud, security top list of IT spending priorities
The COVID-19 pandemic's influence on IT spending will continue into 2021, as organizations bolster security, accelerate cloud adoption and implement robotic process automation. Continue Reading
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Guest Post
24 Nov 2020
Will we see less technical debt due to COVID-19 transformation?
Forrester analyst Brian Hopkins offers his thoughts on how trends might be affected by many companies' rush to adopt digital transformation as a result of COVID-19. Continue Reading
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Tip
16 Oct 2020
COVID-19 jolts tech spending, spurs more flexible vendor terms
IT spending by companies in the early days of COVID-19 quickly turned to cost-cutting. Learn how vendors responded with new terms and aggressive discounting for new business. Continue Reading
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Tip
14 Oct 2020
6 tips for CIOs managing technical debt
Managing technical debt can be a challenge, but stepping back and positioning each project in the bigger picture can help minimize it going forward. Continue Reading
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Feature
12 Oct 2020
Cybersecurity budget relies on planning and negotiation
Experts from Gartner and Forrester discuss how successful cybersecurity budgeting during these uncertain times requires planning, research and negotiation. Continue Reading
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Guest Post
22 Sep 2020
Ensuring your cybersecurity teams are helping the business
Business leaders need to review how they're handling cybersecurity oversight. Are leaders asking the right questions and understanding how their cybersecurity program currently works? Continue Reading
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News
31 Aug 2020
Some enterprise architects face layoffs with COVID cost cuts
Some companies are reducing their enterprise architecture teams or reassigning staff to other IT tasks to cope with budget tightening in the wake of the coronavirus pandemic. Continue Reading
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Tip
21 Jul 2020
How to effectively manage your IT team working from home
For IT staff to be able to work and provide support for other employees in a remote setting, organizations must first ensure they have the proper setup and infrastructure in place. Continue Reading
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Feature
16 Jul 2020
IT spending priorities in 2020 shift to network management, UC
The global pandemic has temporarily slowed SD-WAN and campus network spending, but enterprises are still investing in network infrastructure, focusing on network management and UC. Continue Reading
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Tip
06 Jul 2020
4 ways CIOs can reduce IT costs through third-party spending
We've identified the top four ways in which CIOs can drive IT cost savings within their organizations -- in order of low to high -- through their third-party spending. Continue Reading
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Infographic
24 Jun 2020
How CIOs can achieve cloud cost savings in 3 steps
With this three-pronged cloud savings framework, organizations can alleviate the enterprise IT cost pressures they're experiencing as a result of the pandemic in as little as 30 days. Continue Reading
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Feature
01 Jun 2020
CIO strategies for COVID-19 require new long-term IT planning
CIOs should look beyond the immediate IT requirements created by the COVID-19 outbreak and think about what will be needed in post-pandemic environments. Continue Reading
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Feature
26 May 2020
Top IT priorities for 2020 align with COVID-19, but spending falls
The biggest IT spending drivers from TechTarget's 2020 IT Priorities Survey remain relevant amid the COVID-19 pandemic, although cuts in planned spending are likely. Continue Reading
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News
14 May 2020
IT spending now expected to decline 5.1% in face of pandemic
Spending on PCs and mobile devices in 2020 is expected to take the biggest hit, according to analyst firm IDC -- but spending on IT infrastructure will rise. Continue Reading
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Feature
06 May 2020
How IT leaders in retail can tap into blockchain's potential
By creating a solid data foundation based on standards, data quality checks and collaboration, blockchain for retail use cases could eventually usher in the user experience that customers want. Continue Reading
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Tip
17 Apr 2020
Cost of moving to the cloud drops with time and experience
Can IT leaders save money by moving to the cloud? According to the research, some companies are already seeing significant cost savings with UCaaS. Continue Reading
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Tip
25 Mar 2020
Contract risk management: Focus on these 6 areas
Inspecting vendor contracts for risk is increasingly important as CIOs scramble to stay nimble in a volatile economy. ClearEdge Partners explains how to protect your interests. Continue Reading
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Tip
24 Mar 2020
How to write an RFP and statement of work for an IT services contract
Master how to write an RFP and statement of work to get the IT services you need using these best practices from consulting firm ClearEdge Partners. Continue Reading
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News
23 Mar 2020
Coronavirus pandemic ups the IT contract negotiation game
IT contract negotiation has always been a difficult dance between customers and vendors, but the coronavirus pandemic means there are new rules to navigate on both sides. Continue Reading
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Tip
23 Mar 2020
Improve your IT contract negotiations by focusing on 5 factors
When buying technology, a bare-knuckle approach rarely succeeds. To get a good IT deal, CIOs should pay heed to five transformations driving businesses, ClearEdge's CEO says. Continue Reading
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Tip
13 Mar 2020
How to negotiate a good software subscription agreement
A big mistake IT execs make in negotiating software subscription deals is overbuying. Here are seven steps from ClearEdge Partners' Rachel Annello that will lead to a better deal. Continue Reading
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Tip
31 Jan 2020
Make the case for a technology refresh strategy
A good portion of IT budgets are spent maintaining aging hardware. Energy efficiency, failure rates and potential downtime costs are all ways to justify regular hardware updates. Continue Reading
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Tip
24 Sep 2019
Establishing a CCoE can secure your cloud cost savings
CIOs who made, or are considering making, the move to the cloud need to consider these three best practices to achieve real cost savings and efficiencies. Continue Reading
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News
30 Nov 2018
AWS License Manager spotlights BYOL compliance
Many AWS customers use the bring-your-own-license model. Now, the cloud vendor has given them a tool to ensure they comply with third-party contract agreements. Continue Reading
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News
12 Nov 2018
Cloud cost management tools heat up with Apptio sale
Why does private equity firm Vista Equity Partners want to pay nearly $2 billion for IT spend analytics vendor Apptio? Here's a clue: It's the rise of hybrid cloud. Continue Reading
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Tip
08 Nov 2018
Hunt down zombie VMs to trim Windows Server licensing costs
Temporary workloads can cause organizations to buy more Windows Server licenses than they need, but admins can track down zombie servers to consolidate workloads and keep costs down. Continue Reading
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News
01 Nov 2018
Digital transformation budgets are on the rise for 2019
According to recent industry analyst predictions, digital transformation budgets are on the rise for 2019, with investments in those initiatives driving the increase. Continue Reading
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Feature
19 Oct 2018
Embedded IT, global talent to define future of IT jobs
As more businesses identify as tech companies, what's the future of IT jobs? Many IT teams will work remotely on a gig-by-gig basis and their colleagues will span the globe. Continue Reading
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Feature
28 Sep 2018
The information technology budgeting process: One CTO's experience
Budget surprises have the power to take a company's yearly plans from smooth to chaotic. Look at one CTO's journey through the information technology budgeting process in 2018. Continue Reading
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News
10 May 2018
Four CIO strategies for finding the business ROI in emerging tech
IT execs from Yamaha, Union Pacific, the city of Las Vegas and UL share their CIO strategies for deriving business benefit from emerging tech. Continue Reading
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Tip
13 Apr 2018
How to measure usability when selecting an RPA tool
If an RPA tool isn't user-friendly and isn't built for the long term, chances are the dividends won't be immediate. Read this before choosing your RPA tools. Continue Reading
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Tip
12 Apr 2018
Enterprise digitization's secret ingredient: Fusion teams
Cross-functional or 'fusion' teams are critical to meeting fast-changing digital challenges. Here are the four must-have team attributes for successful enterprise digitization. Continue Reading
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Guide
27 Mar 2018
IT Priorities survey predicts 2018 IT strategy for tech pros
In TechTarget's annual IT Priorities survey, information technology professionals across industries provide a glimpse of their 2018 IT strategy plans and pet projects. Continue Reading
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Tip
28 Feb 2018
How to create the best RPA architecture
Enterprises are embracing robotic process automation to automate rules-based, repetitive tasks in a cost-efficient manner. ROI depends on having the right RPA architecture. Continue Reading
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News
26 Feb 2018
Cloud, app dev highlight IT budget management priorities for 2018
TechTarget's exclusive 2018 IT Priorities survey sheds some light on IT budget management plans for the data center, cloud projects and hybrid technologies. Continue Reading
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Feature
31 Jan 2018
The 2018 CIO budget plan: The goal is lofty, but is the money there?
Digital transformation and underlying technologies -- cloud, AI, DevOps -- dominate CIO strategies this year, but it's unclear whether CIO budgets are up to the task. Continue Reading
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News
21 Jul 2017
Infrastructure, endpoints to drive UC tech budget boom in 2018
UC budgets are expected to rise in 2018 as organizations look to update aging voice infrastructure, promote user adoption and extend UC into contact centers. Continue Reading
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Tip
14 Mar 2017
Break the bottleneck with this new IT/business engagement model
CIO teams need to interact more directly with business stakeholders -- from the digital sophisticates to the digital naïfs. Here are five elements of a new business engagement model. Continue Reading
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Tip
20 Feb 2017
Product line management is fundamental to the new IT operating model
Digital transformation requires CIOs to rethink the way IT operates. At the center of the new IT operating model is product line management, explains CEB's Matt McWha. Continue Reading
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Guide
16 Nov 2016
Key IT metrics: A CIO guide
As technology and the business evolve, so do IT metrics. In this Essential Guide, learn how to navigate KPIs, IT investment and cloud cost optimization techniques. Continue Reading
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Guide
07 Oct 2016
From blockchain to RPA: A look at cutting-edge tech and the enterprise
Cutting-edge tech has become a competitive advantage. Here's four technologies that should be on your radar. Continue Reading
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Answer
15 Jul 2016
What business benefits does SAP S/4HANA Finance offer CFOs?
SAP S/4HANA Finance's intuitive interface, coupled with real-time information, is answering the needs of enterprise CFOs. Here's a look at seven of its features. Continue Reading
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Tip
23 Feb 2016
8 free IT budget plan templates for CIOs
Creating a reliable IT budget plan is no cinch, especially in today's digital age. Here, we've rounded up free, customizable IT budget templates to help. Continue Reading
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Feature
19 Jan 2016
Assessing the cost of private cloud
The high cost of private cloud requires a ton of due diligence on the part of CIOs and business partners. Continue Reading
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News
02 Jan 2014
Mobile technology changing India but government must legislate
Mobile technology is changing how Indian government and businesses operate but the regulatory environment must change if the country is to reach its potential Continue Reading
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Tip
05 Feb 2013
Free cost-benefit analysis template examples for CIOs
Check out this collection of free cost-benefit analysis examples to determine, in a systematic way, which decision or project is the most beneficial to your organization. Continue Reading
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Tip
04 Oct 2012
Free IT department budget template examples for strategic investments
Making strategic tech investments could help your business stay afloat. Take a look at these free IT department budget templates from around the Web. Continue Reading
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News
24 Jul 2012
CIO's green technology solutions cut money, time, carbon footprint
Green technology solutions are a vital part of Janet Claggett's CIO role. Continue Reading
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News
13 Jun 2012
Relocated, remote workers may be worth financial risk
Fearing the financial risk, many companies are missing out on IT talent by not considering hiring remote workers or paying for relocation. Continue Reading
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News
01 Jun 2012
Filling soft skills gap may be easier than you think
Some of our readers responded to a recent story about the perceived soft skills gap in IT suggesting the talent leaders are seeking could be all around them. Continue Reading
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News
10 May 2012
Mobile spending seeding a business revolution
Mobile computing is burning up the enterprise in more ways than one. A new report on mobile spending adds a piece of kindling to the rage. Continue Reading
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News
31 Jan 2012
Shared services model puts focus on external customer
For Owens Corning CIO David Johns, a shared services model is key to a low-cost, high-value IT and business services delivery strategy. Continue Reading
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News
12 Jan 2012
CIOs proving the value of technology investments
There's no easy way to prove the value of technology investments, but smart CIOs are finding new ones -- and smarter still, being proactive about it. Continue Reading
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News
23 Dec 2011
Overtime pay limit could put CIOs in a tough spot
A bill limiting overtime pay for IT workers is one more example of politicians putting corporate interests ahead of individual workers, opponents say. Continue Reading
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Feature
27 Sep 2011
CIO survey: IT budgets up, BI on top, challenges remain
SIM's annual CIO survey finds reason to celebrate -- IT budgets are trending up -- but how to gain a competitive edge from IT is a cause for concern. Continue Reading
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Feature
01 Sep 2011
A gut check on technology hiring turns out to be a gut wrencher
With Labor Day approaching, it's time to check in with CIOs on technology hiring and budgets. One CIO's response was startling. Continue Reading
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Tip
28 Jul 2011
How adopting an ITIL framework can lead to cost savings for business
An ITIL framework isn't easy, but it can drive huge cost savings. Learn how ITIL cost reduction strategies translate back to your business. Continue Reading
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Tip
26 Aug 2010
Storage area network fundamentals: The right questions to ask
Will a storage area network be a good fit in your IT environment? Consult our guide to storage area network fundamentals, including how to evaluate your current setup and needs. Continue Reading
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News
16 Jul 2010
Chargeback process: An old model heralds changes in IT
With a chargeback process, the IT organization must not only think like a business, but also reorganize to include external services in its new role as trusted adviser. Continue Reading
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News
15 Jul 2010
Does IT chargeback pave the way to outsourcing?
IT chargeback and the supply-and-demand model for IT impose fiscal discipline on business spending on technology. But do they lead to outsourcing? Continue Reading
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News
09 Jul 2010
IT chargeback: A political hot potato is tossed up by cloud computing
Measured service is the point of cloud computing, but IT chargeback isn't as simple as it sounds: Consider the metrics, the process, and the pros and cons. Continue Reading
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News
04 Jun 2010
Enterprise resource planning management, the cloud and AT&T's pricing
Could enterprise resource planning management take on a different character in the cloud as a result of AT&T's new data-pricing plan for the iPhone? Continue Reading
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News
09 Apr 2010
Computer hardware upgrades and iPhone OS 4: When software spurs buying
It turns out iPhone OS 4 won't run on old hardware. In a similar vein, CIOs in 2010 are weighing computer hardware upgrades to keep up with business needs. Continue Reading
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News
03 Mar 2010
Mobile phone management strategy in a cloud-based world
Mobile phone management strategies could be changing as cell phone carriers look at cloud-reminiscent pricing models. Would your mobile policies change? Continue Reading
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News
26 Feb 2010
Public sector challenges mitigated by IT governance framework
Addressing public sector challenges is made easier by having a strong IT governance framework in place, leading to the best possible service to residents. Continue Reading
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News
04 Feb 2010
2009 IT lessons: How did the recession change your IT organization?
IT lessons from 2009 abound as enterprise CIOs and their IT organizations reflect on the recession and the benefits of IT cuts. What are your recession lessons for 2010 and beyond? Continue Reading
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News
04 Feb 2010
Merck, Chevron and BP are touting a new IT management framework
Can a new IT management framework from the Innovation Value Institute help IT mature and deliver business value? Merck, Chevron and BP hope so. Continue Reading
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News
22 Jan 2010
2010 IT budgets are unsettled and unsettling
After a series of CIO interviews, here's our super-unscientific prognostication on IT budgets in 2010: IT spending and CIO priorities are all over the board. Continue Reading
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News
22 Oct 2009
Gartner's top 10 strategic technologies for 2010
Gartner's list of technologies that bear examination during the next three years show an agile, mobile, secure enterprise that can spot early warning signs and predict trends. Continue Reading
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News
23 Jul 2009
How will IT outsourcing play out in companies' recovery plans?
As the economy shows signs of turning the corner, will IT outsourcing re-emerge as a priority for companies? Or is insourcing the new trend? Share your thoughts with our blogger. Continue Reading
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News
15 Jun 2009
Seeking affordable DR in Azerbaijan: IBM, SunGard, are you listening?
The world may be getting flatter, but disaster recovery options in developing countries are fairly limited, according to a recent email our blogger received. Continue Reading
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Tip
11 Mar 2009
Cost reduction tips for your strategic sourcing contracts
CIOs should revisit their strategic sourcing contracts and work closely with their suppliers to analyze current spending and achieve maximum cost reductions. Continue Reading
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News
21 May 2007
Patni scrip surges on IBM buyout buzz
The share price of Patni Computer Systems has surged more than 8 percent on market buzz that IBM is in talks to acquire around 25 percent in the company. Continue Reading
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News
06 Feb 2007
White House asks for increase in SEC budget
The White House asked Congress on Monday for a 3.2% increase in funds for the Securities and Exchange Commission in its fiscal 2008 budget, with the bulk of the agency's budget intended for its enforcement and inspections divisions. Continue Reading
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News
05 Feb 2007
Dell plans to cut bonuses, 'eliminate redundancies'
Michael Dell, who last week resumed control of the company he founded, said there will be no bonuses this year and urged employees to "eliminate redundancies,'' according to an email. Dell, 41, said bureaucracy is the "new enemy'" at the world's second-largest computer maker. Continue Reading
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News
16 Nov 2006
Battery recalls aren't free
Notebook battery recalls billed as free could end up costing more than companies expect. Continue Reading
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News
04 Oct 2006
Massachusetts CIO quits
Massachusetts' state CIO quits over lack of funding for the commonwealth's technology initiatives. Continue Reading
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News
01 Oct 2006
What you don't know about SaaS
Will software delivered via the Net integrate with your systems? Is the new breed of SaaS providers reliable? Does hosted software truly save you money? The answers might surprise you. Continue Reading
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News
13 Sep 2006
DC at center of power debate
The idea of using DC power distribution throughout the data center as a way of saving on power and cooling costs continues to gain headway. Continue Reading
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News
07 Aug 2006
Sun lays off up to 5,000 workers
Sun Microsystems Inc. laid off workers in the United States, Canada, Europe and Asia on Friday as part of a belt-tightening move that's expected to claim up to 5,000 jobs at the beleaguered company. Continue Reading
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News
29 Jun 2006
BI set to take off companywide
Experts say business intelligence (BI) software will be among the top-growth IT performers as both Microsoft and Oracle roll out lower-cost, high-performance and easy-to-use systems that take BI businesswide and operational -- not just strategic and finance-based. Continue Reading
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News
11 Apr 2006
Open source BI gets down to business
Open source business intelligence may not cost less to implement, but more funds can be spent on services rather than licensing, a proponent says, and that means more customized BI. Continue Reading