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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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6 best practices for better vendor management

CIO Business Intelligence

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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5 top business use cases for AI agents

CIO Business Intelligence

Then in November, the company revealed its Azure AI Agent Service, a fully-managed service that lets enterprises build, deploy and scale agents quickly. According to a Capgemini survey released in mid 2024, 60% of executives at large companies say that AI agents will handle most of the coding in enterprises within three to five years.

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Vendor management for telecoms networks

Spearline Testing

For such networks, vendor management is a crucial aspect of maintaining successful operations. Vendor management. In addition to this objective measure of performance, some companies include subjective estimates of how each carrier is performing. Spearline puts the power into the hands of their customers.

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12 AI predictions for 2025

CIO Business Intelligence

Generative AI has seen faster and more widespread adoption than any other technology today, with many companies already seeing ROI and scaling up use cases into wide adoption. Vendors are adding gen AI across the board to enterprise software products, and AI developers havent been idle this year either.

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

CIO Business Intelligence

Travel and expense management company Emburse saw multiple opportunities where it could benefit from gen AI. To solve the problem, the company turned to gen AI and decided to use both commercial and open source models. Both types of gen AI have their benefits, says Ken Ringdahl, the companys CTO.

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How to know a business process is ripe for agentic AI

CIO Business Intelligence

Business consulting firm Deloitte predicts that in 2025, 25% of companies that use generative AI will launch agentic AI pilots or proofs of concept, growing to 50% in 2027.The This equation is further complicated by the fact that pricing for vendor agentic AI offerings may be complex and not yet fully clear.

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