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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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Your CEO has little idea who IT is or what IT does

CIO

Executives need to understand and hopefully have a respected relationship with the following IT dramatis personae : IT operations director, development director, CISO, project management office (PMO) director, enterprise architecture director, governance and compliance Director, vendor management director, and innovation director.

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

CIO

WALK: Establish a strong cloud technical framework and governance model After finalizing the cloud provider, how does a business start in the cloud? Its a good idea to establish a governance policy supporting the framework. You would be surprised, but a lot of companies still just start without having a plan.

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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. Proactive governance The governance framework came first. So DFCI took three main steps to deploy gen AI in a controlled way.

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12 AI predictions for 2025

CIO

Its a step forward in terms of governance, trying to make sure AI is being used in a socially beneficial way. The most comprehensive law, the EUs AI Act, which went into effect last summer, is also something that companies will have to comply with starting in mid-2026, so, again, 2025 is the year when they will need to get ready.