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Danielle Phaneuf, partner, Cloud & Digital Strategy at PwC, says that inflation will probably be the leading threat to business for at least the next six months — an assertion 40% of CEOs agreed with in PwC’s 2023 CEO Survey. IT organizations can save substantial amounts on SaaS contracts by lowering service levels, CIOs say.
FinOps is part of the equation, but from a CIO perspective, you need a top-down view that starts with the strategy before you talk about the components of it,” McMasters says. For CIOs, that means building strong relationships with the C-suite and business unit managers so they can plan for and optimize cloud spend, says McMasters.
Chandegara has over 20 years’ experience in managing IT and communication systems. He has assisted the top management in planning IT strategies and leveraging technologies for rationalizing manpower, enhancing organizational productivity, and improving the efficiency of operations. Amit Goel joins Blox as CTO.
One such area that’s getting more thought today is SaaS backup and recovery, something many CIOs have to date taken for granted, leaving it to their SaaS vendors to not only deliver better than five-nines uptime but also be the sole entities backing up and recovering SaaS-siloed data that is increasingly vital to companies’ data-driven operations.
For the more specialized IT needs, there just aren’t enough people to meet the demand,” says Michael Manos, CTO of Dun & Bradstreet. IT leaders must rigorously assess their partners’ talent management and development strategies, build greater trust and transparency into the relationships, and invest in greater partner governance.
Generative AI touches every aspect of the enterprise, and every aspect of society,” says Bret Greenstein, partner and leader of the gen AI go-to-market strategy at PricewaterhouseCoopers. In July, New York City started enforcing new rules about the use of AI in hiring decisions. All of PwC’s clients are having this discussion, he says.
The research firm, Forrester, found that while 75% of businesses have a digital strategy, only 16% claim to have the skills to deliver it. The most obvious answer is pay a premium for the best talent, or hire consultants with modern skills. How can you address the skills gap if you can’t afford to hire a bunch of new employees?
Regardless of the nature of the projects and deliverables, or whether customers are internal or external to the organization, CTOs and now CIOs recognize they must provide continuous value if they are to stay relevant, says Phil Purdy, acting CTO of Australian-based IMRnext. People perceive it as the enemy of thoughtful planning.
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