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6 best practices for better vendor management

CIO Business Intelligence

To ensure vendor relationship help their organizations achieve their goals, IT leaders should establish a comprehensive technology vendor management strategy focused on maximizing fit and value. A few years ago, supply-chain snags had CIOs looking for new technology,” Beasley says. Allen says.

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COVID-19 Effects on Financial Services & Managing Risk

bridgei2i

Thankfully, today technological advances have allowed banks to carry out most of the transactions electronically, with the help of remote working in a safe, secure, and unhindered manner. Europe is in worse shape than America, with banks in UK, Italy and Germany in the risk of being in red. Understanding & Managing Risks.

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6 key challenges of complex cloud environments — and how to manage them

CIO Business Intelligence

Moving to the cloud means that we need to manage change to reduce risk and cost, with governance as the top layer to facilitate that change.”. CIOs must ensure that procurement of these applications goes through an IT-led vendor risk assessment process,” he says. Addressing cybersecurity risks.

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How to get your CFO to buy into a better model for IT funding

CIO Business Intelligence

And they want to know exactly how much return on investment (ROI) can be expected when IT leaders make technology-related changes. Continuous and dependable funding facilitates IT leaders’ ability to deliver leading-edge technology solutions while not increasing technical debt. How does persistent funding reduce risk?

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Advice from procurement: How to evaluate and propose new IT investments

CIO Business Intelligence

As the world continues to experience economic uncertainty, IT leaders look to tighten budgets, consolidate tools and resources, and generally become more risk-averse when evaluating new investments. Consider your company scorecard: Your procurement team has a scorecard with clear metrics to evaluate purchase decisions.

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4 strategic sourcing use cases to strengthen your supply chain

IBM Big Data Hub

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

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Score the Best Data Protection Solution for Your Organization

CDW Research Hub

As a best practice, you want to limit who has access to secure information to minimize risk and liability. Know your security risks. Most importantly, don’t forget to factor in human risk. Technology isn’t your only line of defense. What is a Sirius Data Protection Scorecard?