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How Accenture’s solution erases the blind spots of services spend management

CIO Business Intelligence

Facing the possibility of an economic recession, one of the world’s leading professional services companies felt the urgency to improve its grasp on spend management – the practice of fully understanding and managing supplier relations and company purchasing. With 738,000 employees and $3.8 With 738,000 employees and $3.8

SAP 81
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8 strategies for accelerating IT modernization

CIO Business Intelligence

Companies that do well have turned modernization into a process instead of an event. Create a framework to guide decisions Michael Bradshaw, who has held the CIO position at Kyndryl since the IT service management company spun off from IBM in 2021, developed a framework around five core guiding principles to facilitate key IT decisions.

Strategy 139
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Many CIOs are better equipped to combat rising IT costs. Are you?

CIO Business Intelligence

The technology talent gap continues to inflate labor costs, too, despite big layoffs in high tech, CIOs say, and they’ve seen double-digit increases in SaaS and cloud costs over the last two years. They just pass on all those increases in areas such as layers of licensing, management of the software stack, and their infrastructure services.

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What enterprise software vendors are doing with generative AI

CIO Business Intelligence

August 2023 Salesforce sets out to train generative AI models with Einstein Studio With Einstein Studio , Salesforce offers to help enterprises train and run generative AI models on their customer data stored in its Data Cloud. It can connect the data to a variety of LLMs, open source, or proprietary, the company said.

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New CIO appointments in India, 2022

CIO Business Intelligence

With more and more companies undertaking the journey of digital transformation, the role of the CIO has become critical. He joins the Indian beverage company after a 17-year stint at Wockhardt where he was associate vice president of information technology head. He will also plan and implement the company’s IT and digital strategy.

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Weighing risk and reward with gen AI vendor selection

CIO Business Intelligence

In mid-November, OpenAI’s board fired the CEO of the company, Sam Altman, the guy who put ChatGPT on the map and ushered in a new era of corporate AI deployments. Within the next three days, nearly all of the company’s employees said they’d walk out the door, and the fate of OpenAI looked extremely uncertain.

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Never miss a payday again

Dataconomy

It’s time to shelve unused data Vendor management is another important aspect of AP automation. Many solutions include vendor management capabilities that enable organizations to maintain accurate and up-to-date records of their vendors. This helps speed up the approval process and reduces bottlenecks.

SAP 41