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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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6 best practices for better vendor management

CIO

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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Grand Bank's Success Story: Enhancing Vendor Management with Ivanti's External Attack Surface Management Solution

Ivanti

The adoption of External Attack Surface Management (EASM) addresses the need to identify and mitigate risks linked to an organizations extended digital environment, encompassing third-party vendors and partners. With Ivanti's EASM, the bank has streamlined vendor onboarding and greatly enhanced exposure management.

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12 AI predictions for 2025

CIO

Generative AI has seen faster and more widespread adoption than any other technology today, with many companies already seeing ROI and scaling up use cases into wide adoption. Vendors are adding gen AI across the board to enterprise software products, and AI developers havent been idle this year either.

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SaaS startup Stimulus closes oversubscribed $2.5 million seed round

TechCrunch

Tiffanie Stanard launched the company in 2017 with a focus on the supply chain, creating a product that provided establishments with the tools and data to choose, compare and form relationships with product suppliers and vendors. Stanard established the company after her own experiences as a buyer and vendor manager.

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How to know a business process is ripe for agentic AI

CIO

Business consulting firm Deloitte predicts that in 2025, 25% of companies that use generative AI will launch agentic AI pilots or proofs of concept, growing to 50% in 2027.The This equation is further complicated by the fact that pricing for vendor agentic AI offerings may be complex and not yet fully clear.

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Case in point: taking stock of the CrowdStrike outages

CIO

Last summer, a faulty CrowdStrike software update took down millions of computers, caused billions in damages, and underscored that companies are still not able to manage third-party risks, or respond quickly and efficiently to disruptions. But turning off automatic updates can be a problem for some companies. Clancy asks.