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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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Key considerations to cancer institute’s gen AI deployment

CIO

That included setting up a governance framework, building an internal tool that was safe for employees to use, and developing a process for vetting gen AI embedded in third-party systems. The governance group developed a training program for employees who wanted to use gen AI, and created privacy and security policies.

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

CIO

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. We’re starting to put together formal training to improve how we use the technology,” adds Herringshaw.

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How CIOs reinterpret their role through AI

CIO

As businesses digitally transform, technology is increasingly integrated into every activity, and the CIO is becoming more of a catalyst for data-driven value creation through analytics, new AI model training, software development, automation, vendor engagement, and more.

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JLR revs up AI and intelligent automation initiatives

CIO

JLR’s move to electric drive trains is part of a wider business transformation the company calls Reimagine, under which it also plans to halve greenhouse gas emissions from its supply chain and operations, compared to 2019 levels, by 2030, and to reach net zero carbon emissions by 2039. “TCS It’s been a great success,” says Battle.

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Be honest: Are your company values and AI aligned?

CIO

It’s a fine balance you want it to walk, he says, and that this is the kind of alignment problem we should try to develop solutions for. And when the AI is coming from a vendor that has interests which are different from its customers, this can be a challenge, he adds. It’s an issue that’s not easy to solve.”

Company 316
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20 IT management certifications for IT leaders

CIO

It can demonstrate you have the management skills necessary to align IT goals with strategic business objectives, understand the value derived from IT, and become versed in the various types of IT governance frameworks. Like the COBIT 5 certification, you’ll have to find a third-party vendor that offers an accredited program or exam.

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