Skip to content

Menu

LexBlog, Inc. logo
NetworkSub-MenuBrowse by SubjectBrowse by PublisherJoin the NetworkGet StartedSubscribeSupportContact
Search
Close

A CIO Budget Playbook for 2018

By Jim Merrifield on November 9, 2017
Email this postTweet this postLike this postShare this post on LinkedIn

It’s that time of the year again, budget season. A time when organizations set priorities on how to strategically spend their money in 2018. In the information technology (IT) world this can be a daunting task for any CIO.

According to Gartner, artificial intelligence (AI), machine learning, and tools such as conversational platforms, digital twins and blockchain should be at the top of the list.

  1. AI Foundation: AI will be a battleground for technology vendors as well as investment area companies. Investment areas include data prep, algorithms and training, models and tying data scientist, developers and business leads together.
  2. Intelligent apps and analytics: Look for companies to use machine learning to automate things like data prep and sharing insight.
  3. Intelligent things or loT: Autonomous vehicles in controlled settings such as farming and mining will be increasingly adopted. Robotics, drones and loT will connect consumers, systems and industries.
  4. Digital twins will be used in loT and will enhance decision-making: Digital twins will proliferate well beyond industrial settings popularized by GE.
  5. Cloud computing at the edge: Endpoints will become more distributed and more intelligent to eliminate latency.
  6. Conversational platforms: Conversational interfaces will show up everywhere in corporate systems as well as every level of software.
  7. Blockchain: This has the potential in multiple applications in government, healthcare, manufacturing, media distribution, supply chain and identity verification.
  8. Digital business events: Companies will move toward event-driven business models. loT, cloud, blockchain, in-memory data and AI will be enablers.
  9. Adaptive risk and trust: Security will be a common theme as infrastructure will have to adapt on the fly and manage risk. Automating security will be a big theme in 2018.
  10. Immersive experiences, AR and VR: These experiences will appear in more enterprises for productivity, visualization, design and training.

Gartner’s top 10 strategic technology trends all speak to digital transformation at some level. One thing is for sure, AI is poised to take the cake in 2018.

Photo of Jim Merrifield Jim Merrifield

Jim Merrifield is Robinson+Cole’s Chief Data Officer, a member of the Data Privacy + Cybersecurity Team, and a non-attorney contributor to the Data Privacy + Cybersecurity Insider blog. He has spent nearly 20 years helping organizations of all sizes, including law firms and…

Jim Merrifield is Robinson+Cole’s Chief Data Officer, a member of the Data Privacy + Cybersecurity Team, and a non-attorney contributor to the Data Privacy + Cybersecurity Insider blog. He has spent nearly 20 years helping organizations of all sizes, including law firms and Fortune 500 companies, develop and implement practical information governance strategies, policies, and best practices. Jim is a well-respected expert in the information governance industry. With an extensive background in policy development and enforcement, enterprise program deployment, and technology solutions, he has earned a strong reputation as a knowledgeable practitioner and reliable consultant. His deep understanding of the space is reflected by his many publications, lectures, and consulting services for top-tier companies and law firms. Jim holds a bachelor degree in Legal Studies from Quinnipiac University and is a certified information governance professional (IGP).

Jim’s innovative thinking and commitment for the industry has enabled him to create the popular podcast, InfoGov Hot Seat, a platform for candid conversations featuring practitioners, consultants and solution providers – offering valuable perspectives to listeners about legal technology and managing information as an asset.

Read more about Jim MerrifieldEmail
Show more Show less
  • Posted in:
    Technology and AI
  • Blog:
    Data Privacy + Cybersecurity Insider
  • Organization:
    Robinson & Cole LLP
  • Article: View Original Source

Call us at 1-800-913-0988 or email sales@lexblog.com.

Facebook LinkedIn Twitter RSS
The Library at LexBlog
  • About LexBlog
  • The Field We Built
  • Library at LexBlog
  • Our Beliefs
  • Our Team
  • Contact LexBlog
  • Disclaimer
  • Editorial Policy
  • Terms of Service
  • Get Started
  • Publishing Solutions
  • Compass
  • Submit a Request
  • Support Center
  • System Status
Copyright © 2026, LexBlog, Inc. All Rights Reserved.
Law blog design & platform by LexBlog LexBlog Logo