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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

In October, Microsoft announced that 100,000 organizations including Standard Bank, Thomson Reuters, Virgin Money, and Zurich Insurance are using Copilot Studio, double the number just months earlier. Major enterprise software vendors are also getting into the agent game. followed a couple months later.

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Case in point: taking stock of the CrowdStrike outages

CIO Business Intelligence

billion for Fortune 500 firms alone, according to an analysis by Parametrix, and total economic damages could run into tens of billions, Nir Perry, CEO of cyber insurance risk platform Cyberwrite, told Reuters. Another approach that enterprises are increasingly using is asking vendors to provide a software bill of materials (SBOM).

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How to know a business process is ripe for agentic AI

CIO Business Intelligence

This could be the year agentic AI hits the big time, with many enterprises looking to find value-added use cases. Business alignment, value, and risk How can an enterprise know whether a business process is ripe for agentic AI? A key question: Which business processes are actually suitable for agentic AI?

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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. Say a vendor releases a new software product.

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Navigating the cloud maze: A 5-phase approach to optimizing cloud strategies

CIO Business Intelligence

With the AI revolution underway which has kicked the wave of digital transformation into high gear it is imperative for enterprises to have their cloud infrastructure built on firm foundations that can enable them to scale AI/ML solutions effectively and efficiently.

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CIOs eye SaaS backup plans post-CrowdStrike

CIO Business Intelligence

If the CrowdStrike outage underscored anything for CIOs, it’s that modern enterprises are dependent on a growing number of interconnected systems, any one of which can cripple business operations beyond CIOs’ control. Although not implemented yet, we will be making it part of our vendor management and selection processes.

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