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What is an IT consultant? Roles, types, salaries, and how to become one

CIO

An IT consultant is a technology professional who advises and supports business clients in designing, developing, and executing technology projects in service of business goals. IT consultants are often hired to provide companies guidance on what technologies they should use to achieve their aims, according to career website Indeed.

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Case in point: taking stock of the CrowdStrike outages

CIO

billion for Fortune 500 firms alone, according to an analysis by Parametrix, and total economic damages could run into tens of billions, Nir Perry, CEO of cyber insurance risk platform Cyberwrite, told Reuters. Its worth doing that extra step of diligence because it can save you problems down the road, she says. Trust, but verify.

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11:11 Systems: Empowering enterprises to modernize, protect, and manage their IT assets and data

CIO

Virtually every company relied on cloud, connectivity, and security solutions, but no technology organization provided all three. Leaders across every industry depend on its resilient cloud platform operated by a team of industry veterans and experts with extensive networking, connectivity, and security expertise.

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Gradient Ventures backs Axle’s ‘Plaid for insurance’ approach to data verification

TechCrunch

The inability to accurately assess risk for insurance purposes is costing the industry a lot of money. Earlier this year, State Farm reported that its property and casualty underwriting business took a $13 billion hit in 2022 due to “rapidly increasing claims severity and significant additions to prior accident year incurred claims.”

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C2 Ventures raises new fund to invest in the “dull, dirty and dangerous”

TechCrunch

Examples are ad tech, prop tech, insurance tech and the underlying data for the commercial trucking industries. Cunningham said 30% of Fund 2’s LPs are private individuals and family offices, but 70% have experience operating a tech company. They’ve had stagnant productivity.

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Spora Health launches primary care network for Black people and people of color

TechCrunch

A number of healthcare disparities exist for Black people in America, but they can oftentimes go unaddressed due to the lack of education and understanding among medical professionals. For those without insurance, they pay a one-time $99 fee on their first visit. Image Credits: Spora Health. Spora Health costs $9.99

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Nigerian agritech startup Releaf secures $4.2M to scale its food processing technology

TechCrunch

And though Nigeria’s food processing systems have a keen resemblance to the West with respect to big factories and huge economies of scale in high-demand cities, farmers still suffer from poor logistics networks. Nzewi says the team saw an opportunity and set out to build a technology to help farmers crack oil palm nuts.