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5 common consultant negotiation tactics and how to protect your interests

CIO Business Intelligence

To execute a successful digital transformation initiative, you are likely to establish consulting provider relationships. Unfortunately, many organizations find themselves susceptible to the tactics used by consultants to manage their risk and optimize a commercial arrangement to their benefit. This takes planning.

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Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

There are primarily two points to consider here,” said Pareekh Jain, CEO of EIIRTrend & Pareekh Consulting. Medium to long-term strategy Analysts point out that while several tech companies are reducing their workforce, Dell is one of the few who has recorded weak financial performance.

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Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

It’s no surprise, then, that according to a June KPMG survey, uncertainty about the regulatory environment was the top barrier to implementing gen AI. So here are some of the strategies organizations are using to deploy gen AI in the face of regulatory uncertainty. Companies in general are still having problems with data governance.”

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Accenture to lay off 19,000 to cut costs amid economic uncertainty

CIO Business Intelligence

IT services and consultancy firm Accenture said it would lay off 19,000 staffers, or 2.5% IT Consulting Services, Technology Industry of its workforce, over the next 18 months to reduce costs amid uncertain macroeconomic conditions.

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Decision Making with Uncertainty Requires Wideward Thinking

Andrew White

COVID-19 and the related economic fallout has pushed organizations to extreme cost optimization decision making with uncertainty. For literally 20-30 years organizations have assumed, or been told by consultants, that such programs need big budgets, big teams, executive commitment, and a giant expensive glossy to promote the work.

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IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Tata Consultancy Services experienced its slowest profit growth since 2020 in the December quarter, and Infosys failed to meet its quarterly profit expectations.

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Avoid generative AI malaise to innovate and build business value

CIO Business Intelligence

Sixty-six percent of C-level executives are ambivalent or dissatisfied with the progress of their AI or GenAI efforts, according to Boston Consulting Group 1. However such fear, uncertainty, and doubt (FUD) can make it harder for IT to secure the necessary budget and resources to build services. 2024 Artificial Intelligence

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