CIO Business Intelligence

MARCH 19, 2025

Mitre had to create its own system, Clancy added, because most of the existing tools use vendor-managed cloud infrastructure for the AI inference part. Another company using agents to automate business processes is SS&C, a financial services and healthcare technology company. We cant do that for security reasons, he says.

CTO Hire 359

CTO Hire Fractional CTO Software Development Survey 359

CIO Business Intelligence

OCTOBER 4, 2024

The consequences of poor management can range from interruption of business operations and loss of critical information, to financial losses derived from the effects on the company’s reputation. The importance of good planning This work prior to any debacle is essential when it comes to managing it with greater success.

Disaster Recovery 306

Disaster Recovery Data Center Business Continuity Vendor Management 306

CIO Business Intelligence

JULY 26, 2024

Another aspect in the context of cloud migration is vendor lock-in, or the perceived risk of becoming too dependent on a single provider once you’ve decided to move to the cloud. Often, it’s assumed that changing providers will then be almost impossible due to the immense technological and financial costs involved.

Cloud 358

Cloud Study Survey Applications 358

CIO Business Intelligence

SEPTEMBER 10, 2024

Now, during a new budget session, the CEO and CFO request scaling back some of that initial project funding, or at least defer it until the company is in a better financial position to pursue it. In the vendor area, management changes happen most often when companies merge or are acquired.

Project Management 299

Project Management Budget Vendor Management Software 299

SecureWorld News

OCTOBER 28, 2020

Five little vendors access your data. The first one said, "For this company, vendor management doesn't seem to matta." The fourth one said, "Regulation requires vendor control." In honor of Halloween, it seems appropriate to address one of the scariest issues facing organizations today: vendor or supplier management.

Vendor Management 74

Vendor Management Data Programming Guidelines 74

CIO Business Intelligence

JANUARY 23, 2023

Coalescing oversight of product design, user experience, and data is also natural CIO-plus territory, especially for a digital-native company such as Ally, where all financial services and processes are centered around technology, according to Sathish Muthukrishnan, who was brought in to serve as chief information, data, and digital officer.

Hotels 364

Hotels Real Estate Financial Business Transformation 364

CIO Business Intelligence

OCTOBER 26, 2023

While I expected this exercise to confirm that consolidation is real, I was pleasantly surprised with the degree to which the CIO Tech Talk Community confirmed it – and how they are taking steps to realign their procurement and vendor management strategies.

Course 321

Course Survey Financial Artificial Intelligence 321

CIO Business Intelligence

OCTOBER 2, 2024

Setting the course: The importance of clear goals when evaluating data and analytics enablement platforms Improving credit decisioning for financial institutions Say you’re a bank looking to leverage the tremendous growth in small business through lending. Thankfully, the challenges are being met, and companies are now offering options.

Data 287

Data Small Business Government Banking 287

CIO Business Intelligence

SEPTEMBER 10, 2024

“We experienced the impact of one of our SaaS providers, OpCon, not having a solid DR [disaster recovery] plan during the MS Azure Central Region outage,” says Gary Jeter, CTO of TruStone Financial. Although not implemented yet, we will be making it part of our vendor management and selection processes.

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Backup Disaster Recovery Business Continuity Fractional CTO 325

SecureWorld News

FEBRUARY 15, 2024

According to breach notification letters , the exposed customer data includes names, addresses, Social Security numbers, dates of birth, and financial account details. This incident comes just months after another Bank of America vendor, Ernst & Young, suffered a breach exposing data on 30,210 Bank of America customers.

Banking 115

Banking Data Infosys Financial 115

CIO Business Intelligence

AUGUST 22, 2023

Agile PMOs: Connecting execution with digital strategy CIOs must also present to their leadership teams and board directors the status of their digital transformation initiatives, the financial impacts, and roadmap changes. When working with teams, they should simplify vendor management and reporting, including financial and other KPIs.

Agile 246

Agile Architecture Programming Information Security 246

CIO Business Intelligence

NOVEMBER 1, 2023

But over time, companies will start putting more data into the models, which locks them in with a vendor, and they’ll start creating offshoots that are specialized in certain areas. Instead of using the general version of ChatGPT, for example, they’ll use versions for specific industries, like financial services.

Enterprise 328

Enterprise Enterprise Artificial Intelligence Training 328

CIO Business Intelligence

JANUARY 10, 2024

With this in mind, he and his team consolidated all platform operations, including financials, used by more than one team. So they created an XaaS team, called the Anything as a Service team that owns cloud operations best practices, overall account management, and the financials.

Cloud 312

Cloud CTO Hire Fractional CTO Budget 312

CIO Business Intelligence

APRIL 18, 2023

Some enterprises turn to a fractional CIO to supply knowledge and expertise in one or more fundamental leadership areas, such as operations management, maintenance, strategic planning, risk, compliance/governance, vendor management, and other essential matters, Trzeciak notes. What services do fractional CIOs provide?

How To 304

How To Enterprise Enterprise Strategy 304

Dataconomy

FEBRUARY 4, 2025

Importantly, the most sensitive financial details and secure account credentials were not part of this breach. Experts advise monitoring financial statements and remaining cautious of unexpected communications that might be attempts at phishing. However, their basic contact details were part of the breach.

Data 48

Data Banking Financial Security 48

Fountainhead

APRIL 24, 2011

CIO roles will shift to governance & vendor management (perhaps even modeling supply-chain management). Organizational & change-management resources (firms facilitating change specific to IT transformation) will be in higher demand. IT financial management skills development, training etc.

Cloud 187

Cloud Data Center Change Management Training 187

CIO Business Intelligence

MARCH 14, 2024

As businesses digitally transform, technology is increasingly integrated into every activity, and the CIO is becoming more of a catalyst for data-driven value creation through analytics, new AI model training, software development, automation, vendor engagement, and more.

Banking 230

Banking Disaster Recovery Training Data 230

CIO Business Intelligence

MARCH 22, 2022

He will lead technology initiatives for the Poonawalla group in its quest to build a world-class digital technology-based platform for financial services. He was CTO at L&T Financial Services before joining Poonawalla. This is Bhardwaj’s second stint at the financial services company. He is an alumnus of IIT Kanpur.

Fractional CTO 246

Fractional CTO CTO CTO Hire Banking 246

CIO Business Intelligence

NOVEMBER 14, 2023

IT leaders may need fewer people managing servers and more people performing higher-level network engineering, systems integration, vendor management, data science, cloud security, or business analysis work. Organizations also need nontechnical skills such as cloud financial management and cloud optimization, Nathan says.

Strategy 363

Strategy Cloud Applications Agile 363

Cloud Musings

SEPTEMBER 4, 2017

To deal with these tectonic shifts, financial institutions are now looking to partner with technology services companies. In this strategy shift, they are looking for a provider that brings broad multi-vendor management skills and analytics-based, proactive technical support. IBM has proven to be a major player in this space.

IBM 87

IBM Vendor Management Banking Trends 87

SecureWorld News

DECEMBER 6, 2023

Having experienced NYDFS's stringency first-hand in regards to regulation for financial services, this comes as no surprise," Krista Arndt , CISO at United Musculoskeletal Partners, wrote in a LinkedIn post on December 5. "I These draft regulations build upon the statewide cybersecurity strategy Governor Hochul released in August.

Healthcare 107

Healthcare Financial Training Strategy 107

CIO Business Intelligence

DECEMBER 19, 2022

What to ask The question CIOs need to ask themselves is not who will buy Nutanix, but what to do if a key vendor is acquired or otherwise changes direction — a fundamental facet of any vendor management plan. “If If your software vendor is independent then the immediate question is: Is the company buying this one that I’m using?

IBM 130

IBM Vmware Dell Vendor Management 130

Forrester IT

APRIL 29, 2019

Large corporates and startups seems like a match made in heaven. The former have the customer base, budget, and scale that the latter crave. And startups bring speed and agility and can help enterprises experiment with emerging technologies and business models.

How To 303

How To Budget Agile Enterprise 303

Fountainhead

OCTOBER 10, 2011

In a recent Forrester Research report, " Shifting from Rules to Guardrails " there are some good observations of how IT (and the CIO) have to transform from being technologists to becoming brokers, vendor managers, and providers of technology governance: "We see a blurring boundary between business and IT. IT Financial Management. (4).

Data Center 173

Data Center Virtualization Mobile Cloud 173

CIO Business Intelligence

JANUARY 3, 2024

Vendors that specialize in, say, legal PDFs, financial PDFs, or those related to the pharmaceutical industry would still be able to provide value. Vendors need to understand the environment of their specific sector,” he says. CIO, Data Privacy, Generative AI, IT Leadership, Vendor Management, Vendors and Providers

Fractional CTO 328

Fractional CTO CTO Hire Training Enterprise 328

Dataconomy

SEPTEMBER 25, 2023

AI and ML manage to touch our business life with AP automation systems. This transformational tool has gained significant traction across industries, promising streamlined processes, enhanced accuracy, and unparalleled control over financial operations.

SAP 41

SAP Oracle Financial Travel 41

Future of CIO

NOVEMBER 30, 2019

How to Shift from a "Finger Pointing" to a Problem Solving Culture Businesses "fail" for a multitude of reasons including economic conditions, vendor management, performance or production, industry regulations, expansion costs and the list goes on. But more specifically, how to discover what is the heart of the problem?

Vendor Management 59

Vendor Management How To Financial Resources 59

SecureWorld News

OCTOBER 8, 2020

Companies should be acutely aware that while these lawsuits are not always ultimately successful, they are for sure costly both financially and to the internal corporate resources and time it takes to mount a defense. It also means having a fully developed third-party vendor management program.

Data 61

Data Programming Policies Banking 61

Future of CIO

NOVEMBER 7, 2017

Thus, IT assessment also includes cost estimation which includes operational cost, financials, or calculation of cost to fix varying problems such as structural quality, redundant processes or update technologies.

Resources 40

Resources Vendor Management Fashion Licensing 40

CIO Business Intelligence

OCTOBER 29, 2024

What is new is EA’s focus to be inclusive of ESG mandates that span financial and reputational impacts and benefits. Tracks cost savings from architecture initiatives, such as through optimization of IT infrastructure, cloud usage, or vendor management. Cost and resource optimization Cost efficiency. Resource utilization.

Architecture 306

Architecture Enterprise Enterprise Energy 306

CIO Business Intelligence

APRIL 3, 2025

So the IT director must play a delicate role to mediate between the needs of the business, which sets the budget and demands certain financial results, and the need for skills to allow digital projects to succeed. Its not always possible to proportionately hire people as digital projects increase.

How To 263

How To Strategy Software Software 263

CIO Business Intelligence

APRIL 12, 2022

trillion in 2021, according to financial market data provider Refinitiv. NetApp added some new functionality to its portfolio of cloud management tools in late February with the acquisition of Fylamynt, a young low-code cloud ops automation company. Midmarket ERP vendor Sage closed its acquisition of Brightpearl on Jan.

Enterprise 358

Enterprise Enterprise Oracle SAP 358