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6 best practices for better vendor management

CIO

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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Vendor management: The key to productive partnerships

CIO

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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The biggest enterprise technology M&A deals of the year

CIO

Technology and telecommunications deals accounted for more than one-fifth of that, according to Shearman & Sterling. Already this year, there are numerous smaller M&A deals, as enterprise software providers buy their way into new markets or acquire new capabilities rather than develop them in house. trillion in 2020 to $5.16

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CIOs take aim at SaaS sprawl

CIO

Salesforce, Workday, Atlassian, Oracle, Microsoft, GitHub, and ServiceNow are but a few of the many vendors whose cloud applications make up the new tech backbone for most enterprises today, in conjunction with customized in-house apps and niche offerings across public clouds. “It It’s unwieldy at times managing a detailed budget by vendor.

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10 best practices when partnering for strategic skills

CIO

IT leaders must rigorously assess their partners’ talent management and development strategies, build greater trust and transparency into the relationships, and invest in greater partner governance. Many of the new skills are in rare supply, as are team leaders experienced in this new development paradigm.”

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10 hottest IT jobs for salary growth in 2023

CIO

This demand has driven up salaries for IT roles, especially those around development, engineering, and support. Businesses are looking for tech pros with highly specialized skills, as they embrace digital transformation and increasingly rely on technology for core business. Average salary: US$136,017 Increase since 2021: 14.1%

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12 strategic tips CIOs can learn from tech vendor CTOs

CIO

The changing landscape of IT, driven by rapid advances in technology and digital transformation, has seen a shift in CIOs’ responsibilities and challenges. Adopt agile and DevOps methodologies to enhance the speed of development and deployment,’’ Kowsari says.