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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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Cost, security, and flexibility: the business case for open source gen AI

CIO

Meta originally went to market with a number of smaller models, says Sarer. And the market share numbers support this. According to predictive selling platform Enlyft, after GPT-4s 41% market share, Llama is in second place with 16%. Mistral also makes the list, though at less than 5% market share.

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How to know a business process is ripe for agentic AI

CIO

Some market observers see an alternative deterministic automation continuing to dominate automation in production this year. The IT department uses Asana AI Studio for vendor management, to support help-desk requests, and to ensure its meeting software and compliance management requirements.

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3 keys to maximizing data strategies

CIO

The consequences of getting identity wrong are substantial: Poor data quality = missed insights, operational inefficiencies, and wasted marketing spend. Vendor lock-in and cost overruns = higher expenses with limited flexibility. Thats a recipe for poor business outcomes.

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Flipping the sales script: How to break biases and diversify sales teams

TechCrunch

The reality is that many go-to-market (GTM) plans are shifting to product-led growth (PLG). Enablement includes everything from access to additional resources, volume discounts and navigating security, to vendor management, procurement and understanding product roadmaps.

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VendorPM raises $6M to scale its marketplace for property managers and service vendors

TechCrunch

The company aims to enhance day-to-day efficiency for site staff while enhancing visibility and control for head offices across four core functions, which include vendor management, sourcing, procurement and compliance. “VendorPM is modernizing the way property managers and vendors work together,” Bril said.

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CIOs take aim at SaaS sprawl

CIO

According to IDC SaaS Path research from 2023 , 67% of businesses with more than 1,000 employees have employed a SaaS management platform, says IDC analyst Frank Della Rosa — a market category that includes a broad array of options, such as Productiv, Zylo, Flexera One, Blissfully, Torii, BetterCloud, Zluri, Apptio, and LeanIX, among many others.