Remove Budget Remove Resources Remove Vendor Management
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Vendor management: The key to productive partnerships

CIO Business Intelligence

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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How Birmingham’s $48M Oracle ERP project turned into an epic failure

CIO Business Intelligence

Birmingham City Councils (BCC) troubled enterprise resource planning (ERP) system, built on Oracle software, has become a case study of how large-scale IT projects can go awry. Licensing and customization fees added further strain to the budget. Cost overruns and delays: where did it go wrong?

Oracle 227
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Product-based IT: 6 key steps for making the switch

CIO Business Intelligence

Most IT departments are under-resourced and left to debate what capabilities, improvements, and fixes to prioritize. Program managers in agile organizations yield timeline responsibilities to product managers collaborating with agile teams. But many enterprises stopped their agile transformations at this layer.

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FinOps breaks out of the cloud

CIO Business Intelligence

The report cites Broadcoms Tanzu CloudHealth, IBMs Cloudability (formerly Apptio), and ServiceNow Cloud Cost Management as FinOps platform market leaders based on the number of active customers and scope of offerings. They review transparency and budgeting, and engage with the finance organization monthly to review trends.

Cloud 300
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Seek solutions now to remedy surging cloud costs

CIO Business Intelligence

The complexity within IT infrastructures is increasing, as is the pressure on IT budgets to use available funds as smartly and efficiently as possible. Effective cost management in the cloud is, therefore, becoming increasingly important. Limitations of CCMO tools There’s a lot of room for improvement in cloud cost management.

Cloud 328
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7 early warning signs of a dying IT project

CIO Business Intelligence

Given the extended timeline and massive amount of resources dedicated to that project, the only reason it survived to completion was the absolute necessity to change all date formats so they wouldn’t clock out systems at the end of the last century. Vendor management best practices can also help in the event of outside dependencies changing.

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5 ways to maximize your cloud investment

CIO Business Intelligence

No IT organization wants to get caught short on processing or storage resources that could negatively affect operations, or have to suddenly add resources that exceed the budget. In this way, you can take advantage of the cloud’s agile, on-demand approach with unlimited capacity without breaking the budget.

Cloud 312