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Vendor management: The key to productive partnerships

CIO

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

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. Here’s how.

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7 early warning signs of a dying IT project

CIO

If projects start to lag, or if enthusiasm wanes, it’s time for CIOs and project managers to check in. Whether it’s a gen AI initiative , software project , or large-scale digital transformation , IT projects continue to fail at alarming rates. The vendor’s software release cycles get longer.

Budget 179
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10 highest-paying IT jobs

CIO

It’s a role that typically requires at least a bachelor’s degree in information technology, software engineering, computer science, or a related field. Relevant skills include Java, JavaScript, organizational and leadership skills, technical knowledge, project management, and architecture design.

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5 ways to maximize your cloud investment

CIO

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. Then there’s housekeeping.

Cloud 187
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10 best practices when partnering for strategic skills

CIO

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.

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10 cloud strategy questions every IT leader must answer

CIO

Cloud costs will often — and rapidly — become large line items on budgets. Many organizations are due to revisit their cloud strategies, as their businesses have changed and vendor offerings have matured,” says Brian Alletto, technology director at digital services consultancy West Monroe. There are other risks, too.

Strategy 217