article thumbnail

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.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

CIOs take aim at SaaS sprawl

CIO Business Intelligence

The “underlying current that’s really driving some of the anxiety around SaaS sprawl is around getting data out of the SaaS applications and fit for consumption,” says Campbell, whose company relies on a tangle of roughly 75 SaaS applications core to the business and another 135 SaaS solutions spread across various business units.

article thumbnail

10 best practices when partnering for strategic skills

CIO Business Intelligence

IT leaders must rigorously assess their partners’ talent management and development strategies, build greater trust and transparency into the relationships, and invest in greater partner governance. Double down on vendor management. Invest in workforce planning.

article thumbnail

5 rules that transform outsourcing outcomes

CIO Business Intelligence

UT’s ongoing research into the world’s most successful outsourcing relationships, including those from Dell’s and the Canadian government , has uncovered five key rules for establishing win-win strategic partnerships that work collaboratively to achieve business outcomes. What does change is how the company purchases the outsourced services.

article thumbnail

Plan Now for Major Changes to Oracle Java Licensing Costs

Forrester IT

On Jan 23, 2023, the company introduced a new license metric, the SE Universal Subscription. Plan Now for Major Changes to Oracle Java Licensing Costs Oracle has again changed licensing rules for its widely used Java product.

Licensing 195
article thumbnail

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

CIO Business Intelligence

One of the first use cases of artificial intelligence in many companies, including both Michelin and Albemarle, was predictive maintenance, which at its most basic level is an algorithm trained on data collected by sensors. To fill the gap, many companies complement the real data with synthetic data.