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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

Software development and IT Cognition released Devin, billed as the worlds first AI software engineer, in March last year. But there are already some jobs specifically in the software development lifecycle poised to be aided by AI agents. Weve developed our own agentic AI for code management, says Charles Clancy, CTO at Mitre.

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12 AI predictions for 2025

CIO Business Intelligence

Vendors are adding gen AI across the board to enterprise software products, and AI developers havent been idle this year either. Weve also seen the emergence of agentic AI, multi-modal AI, reasoning AI, and open-source AI projects that rival those of the biggest commercial vendors.

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Case in point: taking stock of the CrowdStrike outages

CIO Business Intelligence

Several hospitals canceled surgeries as well, and banks, airports, public transit systems, 911 centers, and multiple government agencies including the Department of Homeland Security also suffered outages. Hes not the only one who wants to see government action. The overall cost was estimated at $5.4

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Your CEO has little idea who IT is or what IT does

CIO Business Intelligence

Executives need to understand and hopefully have a respected relationship with the following IT dramatis personae : IT operations director, development director, CISO, project management office (PMO) director, enterprise architecture director, governance and compliance Director, vendor management director, and innovation director.

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FinOps breaks out of the cloud

CIO Business Intelligence

Were 80 to 85% in the cloud and for us, the job is proactively tracking this spend, then educating developers and data teams on how to use cloud capabilities in a cost-effective manner, he says. But his organization developed its own model, says Mohammad. Plus, many enterprises were doing FinOps well before the term was coined.

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