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Spending and Budgeting news from FierceCIO

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Big firms could slash 40 percent from IT

For CIOs and their IT employees at Global 1000 companies, it may not seem like your department's budget is bloated, given all the needs and the long wish list. Yet, the Hackett Group, a research Read more...

IT distributors see slowdown

Distributors of IT equipment are beginning to see a slowdown in sales, a sign of the difficult economic conditions that CIOs and IT professionals are experiencing in their own daily work lives. Read more...

Get hip to IT alignment

IT alignment will save you money if you know what you are doing. But plenty of CIOs don't have a clue what IT alignment really is. Once they get it, they will understand that they can use this Read more...

IT contract jobs shrinking

The IT contractor market is losing its luster. The latest poll of Silicon.com's CIO jury panel finds that the majority are planning to reduce spending on IT contractors this year. Once a lucrative Read more...

The CIO's first 100 days

Just like a new President moving into the White House, a new CIO has 100 days to get it right. The new CIO must figure out quickly what steps to take immediately in order to get consensus early. Read more...

IT waiting for axe to fall

A new InformationWeek study finds that there is a great deal of anticipation about tightening budgets, but so far, little action. Nearly half--43 percent of the 374 business technology executives who Read more...

Financial IT could face slowdown

Financial services IT may be the next sector to face cutbacks in the volatile economic climate that has already taken down Bear Stearns. Analysts anticipate the overall IT spending in the financial Read more...

A CIO with a $330 million budget

If Becky Blalock was not the senior vice president and CIO of Southern Co., she'd be a writer. But it's a good thing for the CIO world that she picked IT instead. As the CIO, she is responsible a Read more...