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It’s no secret that having the right capabilities is essential to digital success, but given the dynamic nature of digital business, these capabilities go beyond technical know-how. The market is tight, but we are not short of people with technical skills; people who can develop, build infrastructure, and understand the cloud,” says Fox.
A fractional CIO is typically an experienced IT leader who is external to the enterprise yet acts as an accountable leader and extension of the executive team, says Dave Hartman, president of IT management consulting firm Hartman Executive Advisors. “A What does a fractional CIO do? What services do fractional CIOs provide?
Prices are increasing, and negotiation is becoming more difficult,” agrees Melanie Alexander, senior director analyst on Gartner’s sourcing, procurement, and vendormanagement team. Vendors are not granting the same concessions they have in the past.” Deals done by business users alone may be technically unsound.
Over the course of this year, CIOs have spent time studying the Data Act, the European digital regulatory framework composed of a set of laws united by the aim to encourage innovation in European companies, and to open up new markets. The Data Act aims to open the data market by defining certain rules to circulate and enhance data safely.
Plan for cost savings up front Cost optimization starts with defining desired business outcomes and architecting a cost-effective solution right from the start, says Jevin Jensen, research VP, Intelligent CloudOps Market at IDC. Know what’s the bigger win for them and what’s on their roadmap,” he advises.
CIOs can adopt a mindset of continuous innovation and agility, learning from vendors how to quickly adapt to market changes and integrate new technologies into their IT ecosystems, agrees Vahid Kowsari, co-founder and CTO of ixlayer, a cloud-based diagnostic lab testing services platform provider based in San Francisco.
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