This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Best-of-class DR/BC plans cover both IT and the business. Unfortunately, in many companies, the emphasis for recovery is on the IT, and not on business operations.
To ensure businesscontinuity amid high turnover, many CIOs are planning to alter their strategies to make the company "less dependent on employee institutional knowledge," says PwC.
A solid businesscontinuity plan is one of those foundational elements. Every business should have the mindset that they will face a disaster, and every business needs a plan to address the different potential scenarios,” says Goh Ser Yoong, head of compliance at Advance.AI What is a businesscontinuity plan?
A significant number of US companies have workers in Ukraine, according to Ukrainian government figures , with about 20% of Fortune 500 companies employing Ukrainian IT services. Many more US companies have workers in other countries as part of their global footprints, and still more have employees distributed across the United States.
Current headlines from Ukraine have many companies concerned about the safety of employees or contractors residing there. Events like this highlight the importance of developing contingency plans based on events in the world that can impact businesses. Businesscontinuity is an essential part of the planning process for CIOs and CTOs.
Business disruptions happen every day and can cause companies to lose millions of dollars and suffer reputational damage. When astute executives, including CIOs, cheat disruption by focusing on businesscontinuity management (BCM) programs that build resilience, the enterprise transformation can prosper. Dugan Krwawicz.
ControlMonkey is in the business of helping to improve cloud automation. Most companies dont have full coverage of everything in their infrastructure within infrastructure as code, so there are a lot of blind spotsyou dont know what you dont know, Twizer emphasized.
Rather than wait for a storm to hit, IT professionals map out options and build strategies to ensure businesscontinuity. I do recognize some companies are probably easier than ours to go ahead and do the migration. Having a Plan B is table stakes for any IT team. We needed to plan out this migration,” he said. “It
The standard maintenance for SAP ERP and Business Suite is set to expire at the end of 2027. After that, SAP user companies would have the option to purchase the more expensive extended maintenance for an additional three years. This measure will certainly be of benefit to these companies.
Pfau got the chairman’s okay on Super Bowl weekend to temporarily relocate Ukrainian staff members and their families to Poland, with the company paying for travel and accommodations for four weeks. All told, the company has now moved about 200 people, he says. Company Folders Inc., Activating contingency plans. as a teenager.
One in 3 companies have declared a disaster in the past five years, writes Ray Emirzian of docSTAR. Where would your business be without electricity? So if you think it can’t happen to you, think again. Industry Perspectives'
The CIO’s integral role in this transformation is crucial and deeply valued, underscoring their importance in the company’s success. As AI technologies continue to evolve, their potential to support the ecological pillar of ESG will grow, making AI an essential tool for companies striving for sustainability.
Cybersecurity has become a boardroom priority with far-reaching implications for businesscontinuity and reputation. It requires a new mindset that acknowledges the decentralized nature of our digital world and emphasizes continuous verification and adaptation for security.
As businessescontinue to explore the potential of AI, the integration of generative technologies is seen as essential to remaining competitive in a rapidly evolving market. Kenneth Lindegaard, Group CIO at Etihad Rail also provided valuable insights on how AI is transforming the way companies think about data and operations.
To tackle that, businesses are turning their budgets toward the cloud, with two out of every three IT decision-makers planning to increase cloud budgets in 2024, and nearly a third (31%) reporting that 31% of their IT budget is earmarked for cloud computing, according to the 2023 Cloud Computing Study from CIO.com parent company Foundry.
The companys global CIO didnt offer details but noted that the outage was not related to a cybersecurity attack. Dangers of third-party software updates McDonalds wasnt the only company plagued with point-of-sale outages. The company, in an odd explanation, blamed developers who tried to cut boot times with some software modifications.
Risk management is getting more board and executive attention, and even fairly modern risk frameworks are proving inadequate, adds Ralph Loura, former CIO and SVP at Lumentum, Hewlett-Packard, and The Clorox Company, among others. Investment in resilience is an investment in businesscontinuity. AI assessments will follow suit.
From delivering heavy cargo through drones to automating repetitive processes, Shantanu Roy, CIO for the Indian subcontinent at global logistics firm DB Schenker, is balancing innovation with businesscontinuity. As a 150-year-old company, what is DB Schenker doing to align technology for meeting the ever-changing needs of customers?
Our business is our people and our platform, Ingram Micro Xvantage. As a platform company, well be able to price every SKU in real time, push personalized product recommendations, and bundle solutions. We cant be a technology company without bringing business operations into technology. We discuss everything.
In fact, successful recovery from cyberattacks and other disasters hinges on an approach that integrates business impact assessments (BIA), businesscontinuity planning (BCP), and disaster recovery planning (DRP) including rigorous testing. However, this figure varies depending on industry and company size.
There are only two types of companies in this world, those who are great at AI and everybody else. This quote sums up the need for companies to prioritize artificial intelligence (AI) initiatives and also captures the state of the AI race today. 74% of companies are struggling to achieve value and scale. Theres no avoiding it.
Issuing its first earnings report as a public company , Rover reported gross bookings of $134 million in the second quarter, the highest quarterly total in its history, reflecting increased usage of its online pet-care marketplace as travel starts to recover in some parts of the world. Rover Graphic). 2 at $11.67.
Better Late Than Never: There’s Still Time To Improve Your Pandemic Plans Companies are showing renewed interest in businesscontinuity and revising their pandemic plans in response to the coronavirus outbreak.
Essentially, only companies in dire financial straits are likely to be cutting IT budgets. More than 68% of companies report they plan to increase their IT spending on AI, as well as two infrastructure areas that power AI—the network and data analytics.
It is possible that these premises will need to be worked on by law enforcement and cyber forensics experts before the company can return to normal operations. The focus now shifts to ensuring businesscontinuity. A well-structured BCP ensures that critical operations can continue or resume swiftly.
LinkedIn, the social network for business, continues to expand its data center infrastructure to support its rapid growth. The company signed a $116 million, 11-year lease for a large chunk of data center space in Dallas. Featured'
As our Security & Risk team wrote early on in this epidemic, not only do companies need a BusinessContinuity Plan (BCP), they must also recognize employees as the […]. But what about the effect on your employees?
Companies like CrowdStrike have documented that their AI-driven systems can detect threats in under one second. For example, attackers recently used AI to pose as representatives of an insurance company. For starters, its revolutionizing threat detection and response. But AIs capabilities dont stop at detection.
In the ever-changing tech landscape, service interruptions and company disappearances are more common than CIOs would like. The client company must also consider the possibility of recovering payments, and could be entitled to claim compensation or participate in the liquidation process.
As a result, software supply chains and vendor risk management are becoming ever more vital (and frequent) conversations in the C-suite today, as companies seek to reduce their exposure to outages and the businesscontinuity issues of key vendors their businesses depend on.
Anecdotally, Ive heard of cases where consulting companies have been brought in to optimize the use of AI models because the resourcing cost increased by hundreds of thousands of dollars due to a lack of upfront planning.
Pointers for IT BusinessContinuity & Pandemics. For example, if youre a salesperson, youre probably in an office 10% of your time, if that much -- so why do companies pay for that permanent office space? But how would this affect business operations? Pointers for IT BusinessContinuity & Pandemics.
What we consistently overlooked were the direct and indirect consequences of disruption to businesscontinuity, the challenges of acquisitions and divestitures, the demands of integration and interoperability for large enterprises and, most of all, the unimpressive track record for most enterprise transformation efforts.
Virtually every company relied on cloud, connectivity, and security solutions, but no technology organization provided all three. We enable them to bring everything together so that their multi-cloud infrastructure addresses the most demanding businesscontinuity and cyber resilience requirements.”
Even worse, one-third of companies that paid the ransom still didn’t get their data back, and the average downtime for ransomware victims was two weeks. This data doesn’t even take into account other threats to businesscontinuity, ranging from natural disasters to the accidental deletion of data.
Like Mainiero, many CIOs got a rude awakening on July 19 with the news that their organization had experienced an outage due to a faulty software update from cybersecurity company CrowdStrike. ecosystem management company. Depending on the size of your IT department, it should be all hands on deck if there’s a company-wide outage.
The more applications and businesses that depend on a single cloud provider, the greater the potential for wide-scale impact of businesscontinuity failures, Gartner’s surveys revealed. Many companies have multiple cloud providers and understand the nuances of developing in multiple cloud environments.
A decision by BMC to split into two independent companies was surprising from a timing perspective, but may have taken place so one unit, or potentially both, could be eventually sold off, Gartner VP Analyst Gregg Siegfried said on Wednesday. Under the new arrangement, he said, BMC, which is owned by private equity (PE) firm KKR & Co.,
The second region will be based in the Valparaíso Region alongside the existing region in Santiago, the company said, adding that the new region will bolster its efforts to address businesscontinuity while complying with data residency and sovereignty regulations.
More workloads in the cloud In addition, many companies are moving larger and more complex workloads to the cloud, says Mayank Bhargava, vice president and cloud modernization practice leader at CGI, a business and IT consulting firm. “As Those forgotten servers can add sneaky charges to a company’s cloud bill.
Today, many chatbots leave customers feeling disconnected especially as companies make human customer service harder to access. While prevention (security) is important, organisations are increasingly focusing on recovery and businesscontinuity. This will enhance customer satisfaction, loyalty, and drive business growth.
In a March 23 letter from SAP’s executive board, the Walldorf-based company gave its Russian clients three options to choose from. An SAP spokesperson told CIO magazine that the data in the data centers does not belong to the company, but to its customers. The third option is to migrate the data to foreign data centers.
In response to recent disruptions affecting our critical operations, we have proactively updated our BusinessContinuity Plan to address unexpected downtimes and minimize the impact on productivity and service delivery,” said Shivkumar Borade, founder and CMD of Mytek Innovations, a victim of the BSOD effect.
Data protection is a broad category that includes data security but also encompasses backup and disaster recovery, safe data storage, businesscontinuity and resilience, and compliance with data privacy regulations. Do I have systems in place to apply continuous vulnerability assessments to identify gaps in security coverage?
We organize all of the trending information in your field so you don't have to. Join 83,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content