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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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How to know a business process is ripe for agentic AI

CIO

If a cost/benefit analysis shows that agentic AI will provide whats missing in current processes, and deliver a return on investment (ROI), then a company should move ahead with the necessary resources, including money, people, and time. Feaver asks. Can that business process be backed out easily to another solution?

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Navigating the cloud maze: A 5-phase approach to optimizing cloud strategies

CIO

It prevents vendor lock-in, gives a lever for strong negotiation, enables business flexibility in strategy execution owing to complicated architecture or regional limitations in terms of security and legal compliance if and when they rise and promotes portability from an application architecture perspective.

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

Ivanti

Forrester highlights that EASM is crucial for thorough due diligence, especially during mergers and acquisitions, where uncovering hidden vendor assets is vital for assessing risk. It offers an automated, comprehensive vendor management approach that continuously monitors vendors' attack surfaces, assesses and mitigates risks.

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Workday to acquire external workforce management startup VNDLY for $510M

TechCrunch

Workday announced this afternoon that it intends to acquire VNDLY , a Mason, OH startup that helps companies manage external workforce personnel for $510 million. “VNDLY is at the forefront of the vendor management industry with an innovative and intuitive approach.

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Strategies to mitigate AI security and compliance risks

Modus Create

Strategies to mitigate AI security and compliance risks By William Reyor Posted in Digital Transformation , Platform Published on: November 7, 2024 Last update: November 7, 2024 According to McKinsey, 65% of executives report that their organizations are exploring and implementing AI solutions.

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Germany goes full throttle into the cloud

CIO

The decisive factors are responsibility for the transformation, mostly locating centrally the downstream management of the new IT operating models, and the inclusion of important departments such as legal, compliance and risk management. Around 13% of users say they’ll pursue a rigid cloud-only strategy in the future.

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