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6 best practices for better vendor management

CIO Business Intelligence

And how well an IT leader deals with and orchestrates vendor relationships can mean the difference between a well-organized and efficient IT operation and a mess that costs an organization millions of dollars without delivering positive results. Here are several key tips for making the most of vendor relationships.

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3 key roles for driving digital success

CIO Business Intelligence

Agile PMOs: Connecting execution with digital strategy CIOs must also present to their leadership teams and board directors the status of their digital transformation initiatives, the financial impacts, and roadmap changes. When working with teams, they should simplify vendor management and reporting, including financial and other KPIs.

Agile 98
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How CIOs reinterpret their role through AI

CIO Business Intelligence

As businesses digitally transform, technology is increasingly integrated into every activity, and the CIO is becoming more of a catalyst for data-driven value creation through analytics, new AI model training, software development, automation, vendor engagement, and more.

Banking 90
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5 ways to maximize your cloud investment

CIO Business Intelligence

With this in mind, he and his team consolidated all platform operations, including financials, used by more than one team. So they created an XaaS team, called the Anything as a Service team that owns cloud operations best practices, overall account management, and the financials.

Cloud 122
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CIOs still grapple with what gen AI can do for the enterprise

CIO Business Intelligence

But over time, companies will start putting more data into the models, which locks them in with a vendor, and they’ll start creating offshoots that are specialized in certain areas. Instead of using the general version of ChatGPT, for example, they’ll use versions for specific industries, like financial services.

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New CIO appointments in India, 2022

CIO Business Intelligence

He will lead technology initiatives for the Poonawalla group in its quest to build a world-class digital technology-based platform for financial services. He was CTO at L&T Financial Services before joining Poonawalla. This is Bhardwaj’s second stint at the financial services company. He is an alumnus of IIT Kanpur.

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10 cloud strategy questions every IT leader must answer

CIO Business Intelligence

IT leaders may need fewer people managing servers and more people performing higher-level network engineering, systems integration, vendor management, data science, cloud security, or business analysis work. Organizations also need nontechnical skills such as cloud financial management and cloud optimization, Nathan says.

Strategy 145