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Vendor management: The key to productive partnerships

CIO Business Intelligence

What is vendor management? Vendor management helps organizations take third-party vendor relationships from a passive business transaction to a proactive collaborative partnership. While working with IT vendors can help ease the burden on IT, it also raises concerns, especially around data, risk, and security.

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

CIO Business Intelligence

Inflation may have dropped from its high in 2022, but the price pressures on IT budgets have continued unabated. Forty-one percent of the CIOs in the survey said they’ve changed their cycle for revisiting IT budgets to at least every month, says Tony Olvet, IDC’s VP of worldwide C-suite and digital business research.

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10 hottest IT jobs for salary growth in 2023

CIO Business Intelligence

As companies vie for talented tech workers to meet skills gaps in their organizations, the demand for certain tech roles has increased. There’s a strong need for workers with expertise in helping companies make sense of data, launch cloud strategies, build applications, and improve the overall user experience.

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10 highest-paying IT jobs

CIO Business Intelligence

The past year was rough for the tech industry, with several companies reporting layoffs and the looming threat of a recession. Companies can’t ignore digital transformation as technology continues to dominate nearly every aspect of business and daily-life. as of January. Average salary : US$155,934 Increase from 2021 : n/a 3.

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8 strategies for accelerating IT modernization

CIO Business Intelligence

And with infrastructure and application modernization cited as key reasons for CIOs’ budget increases this year, according to the 2024 State of the CIO Survey, that pace is not fast enough. Companies that do well have turned modernization into a process instead of an event.

Strategy 139
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5 ways to maximize your cloud investment

CIO Business Intelligence

No IT organization wants to get caught short on processing or storage resources that could negatively affect operations, or have to suddenly add resources that exceed the budget. In this way, you can take advantage of the cloud’s agile, on-demand approach with unlimited capacity without breaking the budget.

Cloud 108
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10 best practices when partnering for strategic skills

CIO Business Intelligence

Such partnerships include long-standing ones such as business consultancies to advise on transformation efforts, software vendors with expertise in vertical or horizontal solutions, system integrators to help design and implement multi-vendor tech stacks, and managed service providers to run and optimize targeted IT domains.