“Technology is our fastest growing area for capital expenditures.”

by Insigniam Read more from the Transformation & Technology issue

By the numbers | Insigniam Quarterly Winter 2015

$8.5 million a year – The money saved in power costs and operations licenses after AMD transitioned its data center from Austin, Texas to Atlanta, Georgia. Jake Dominguez, CIO, is credited for recognizing the need to update the center.

Julius Genachowski, former FCC chairman (2009-2013) – “I’m an optimist about the power of technology to transform lives for the better.”

Bill Miller, CIO, Broadcom Corp – “On the technology side, you can afford a little more innovation, a little more risk, so to speak. because you’re constantly innovating, you’re constantly pushing the envelope and testing products and testing yourself against those limits.”

Jerry Luftman, former CIO, professor emeritus of the Stevens Institute of Technology, managing director of the Global Institute for IT Management – “What we are experiencing today, I truly don’t believe we’ve ever had anything quite like it. There aren’t that many people who really understand the individual technologies; to manage to have them integrated is extremely complicated.”

Approximately $1 billion – Amount of money UPS spends annually on technology to improve its operations.

Steve Jobs (1955-2011), CEO of Apple – “Innovation has nothing to do with how many R&D dollars you have. When Apple came up with the Mac, IBM was spending at least 100 times more on R&D. It’s not about money. It’s about the people you have, how you’re led, and how much you get it.”

70% – How much Walmart’s technology budget has climbed from fiscal year 2009 through fiscal year 2014, according to Charles Holley, Walmart’s executive vice president and chief financial officer, who told his shareholders: “Technology is our fastest growing area for capital expenditures.”

 


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