CIOs now need to give priority to upgrading IT security requirements, with constraints on IT budgets Covid-19 is changing how businesses function and, going forward, due diligence on information technology (IT) requirements will be increasingly important for striking mergers and acquisitions (M&As), fund-raising and strategic deals, said experts.
Since the lockdown, companies have used technology to enable businesses to operate, increasing the workload on tech teams. The topmost priority for chief information officers (CIOs) now is to upgrade IT security requirements, including hardware, with constraints on overall IT budgets.