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

CIO Business Intelligence

AI is being used in other ways in the enterprise as well, to do things like improve the efficiency of the supply chain, facilitate customer interactions, and help employees perform office tasks. The first challenge is the lack of skills both in-house and among vendors that sell traditional applications.

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Netflix Hack: Key Lessons In The Economics Of Ransomware And Managing 3rd Party Risk

Forrester IT

If you do an impact analysis, you see that it has a medium reputational risk, a low financial risk and no regulatory risk. Enterprise Risk Management. vendor management. With that kind of risk analysis, you don't pay a ransom. Read more Categories: Brand Risk. Governance Risk and Compliance. Ransomware.

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3 key roles for driving digital success

CIO Business Intelligence

Others who believe the term digital transformation is watered down take a more cynical tack, viewing it as a phrase leaders use to garner support for technology investments and vendors use to sell their newest capabilities. When working with teams, they should simplify vendor management and reporting, including financial and other KPIs.

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How To Onboard Startups

Forrester IT

And startups bring speed and agility and can help enterprises experiment with emerging technologies and business models. Large corporates and startups seems like a match made in heaven. The former have the customer base, budget, and scale that the latter crave.

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How to succeed as a fractional CIO

CIO Business Intelligence

A fractional CIO is a technology leader hired on a temporary or part-time basis, explains Peter Kirkwood, corporate strategy leader at management consulting and strategy advisory firm Zinnov. It’s not uncommon for a middle-market enterprise to operate without a CIO, Hartman says. What services do fractional CIOs provide?

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5 ways to maximize your cloud investment

CIO Business Intelligence

In this quarter, 74% of large enterprises report having FinOps teams and processes in place, up from 61% in 2022,” he says. Those enterprises reported a 30 to 35% cost savings in the first year after implementing FinOps teams and tools. Jensen says many large organizations already have built these organizations. “In

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