The changing face of technology innovation
It is widely accepted that technology investment is a key driver of innovation and productivity, with businesses of all sizes striving to achieve the optimal balance between modernizing their IT infrastructure with day-to-day operational priorities.
This can be a challenge and is exacerbated by the pressure to spend on AI. Organizations need to approach their IT modernization strategy in a measured way, as unfettered AI spend does not automatically equate to effective progress.
CEO at StorMagic.
Recent industry research from Deloitte highlights the profound impact that the AI boom is having on technology investment decisions. AI is commanding a growing share of IT budgets, with 74% of organizations prioritizing investment into these areas well above other IT fundamentals such as data management, cloud platforms and enterprise resource planning.
Inevitably this raises some questions about how businesses are approaching their technology investments. With limited budgets, there are concerns that organizations...
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