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Reducing IT Infrastructure Debt
The two sides of IT are illustrated in the following two sentences: Great job, IT; you weathered the COVID storm and the scramble toward newly dispersed teams. Bad job, IT; 78% of you garnered more technical debt during the pandemic. Will 2022 be…
Rethinking Your IT Budget Approach: Hot and Cold IT Spending Trends in 2022
This year, the average IT budget increased by 3.6%, which may not sound like much, but Gartner recognizes it as the largest increase in a decade. But before you start waving around the corporate credit card, it’s good to gain perspective on what’s…
Is Overbuilt IT Infrastructure Weighing You Down?
The past two years have been a boon to digital transformation. As IT teams scrambled to adjust to new work models, digital transformation plans accelerated. Now, with the breathing room to reassess the state of IT infrastructure, comes the…
Tech for Improving Employee and Customer Experiences
Modern technology architectures require new operating models for addressing the human element. Business tech is evolving — again — with a more pervasive computing style rooted in systems integration. What are the latest strategies to improve your IT…
The Future of IT Is Future Fit
Most C-suite executives would acknowledge their companies are facing enormous systemic upheaval in 2022. Technology iterations, staffing shortages, supply chain disruption, and increasing consumer demand come together in what some would call a…
Top 3 IT Trends and Predictions for 2022
IT teams can be forgiven for feeling a little weary these days. With the constant drumbeat of digital transformation, the remote work scramble, multiplying cybersecurity threats, talent shortages, and supply chain disruptions, the last two years…
Your 2022 IT To-Do List
Today, the “I” in “CIO” stands for “innovation.” In 2022, CIOs will be called upon to embrace “future fit” flexibility for their technology and innovation initiatives, IT teams, and the enterprise itself. The concept is rooted in increased agility…
Defining CIO Success in 2022
Like the technology that is their purview, the role of chief information officer (CIO) continues to change. It now incorporates more innovation and strategic acumen than at any other time in the history of the job description. How has the CIO…
Challenges of IT Budget Planning for 2022
IT financial planning for 2022 is analogous to navigating uncharted waters, but IT initiatives remain critical to business success even as staff shortages affect IT strategy. With business as usual still out of reach, and financial planning more…
A New Approach to Your Next IT Budget Meeting
Budget planning and approval can get tense when goals and strategies are misaligned — which is business as usual between IT and finance executives. CIOs are wary of CFO pushback, and CFOs are skeptical about the value of IT initiatives. When finance…
CFOs + CIOs = Forging New Partnerships for a Better IT Budget
In the past, the CFO has acted as stop gap for IT projects deemed outside the scope — and budget — of the enterprise. But the recent rapid acceleration of digital transformation has brought IT and finance together to create a better budget process…
Key Components of an Effective IT Sourcing Strategy
For your IT sourcing efforts to be successful, they must be strategic. This requires the proactive exploration of your organizational needs based on a defined business case. In the past, the lowest bid would often get the contract. Today, having a…
Maximize IT Resources with Strategic Infrastructure Options
Cloud computing is trending. Companies big and small are using cloud-based digital products for everything from sales and logistics to inventory management and daily business activity. Cloud computing services can offer high-quality solutions at…
IT Financial Planning for 2022: Budgeting for Digital Transformation
If you’re an IT professional, the chaos and disruption of the past two years may have you approaching next year’s budget planning with something akin to dread. Digital technology has more than proven its worth in the scramble to make remote work…
Making the Case for Strategic IT Outsourcing
A decade ago, Forbes suggested we were approaching “the end of the age of outsourcing,” and they could not have been more wrong. Today, the growing cost of labor, a shortage of IT and engineering expertise, and the rise of software-as-a-service (…
Managed Infrastructure
Kyndryl: Is IBM’s Spinoff a Problem for Managed Infrastructure?
Managed infrastructure has a new player. IBM’s big news — a spinoff of their managed infrastructure division, dubbed Kyndryl — effectively splits the company in two. IBM claims the move will create a more agile, resilient, and secure service…
hospital strategic sourcing
Best Practices: Strategic Sourcing Success in Healthcare
Hospitals are struggling to make aging procurement models work in today’s tumultuous markets. The supply chain is second only to labor in healthcare facilities, and prices are on the rise. Cost-cutting measures must account for procurement workflows…
Hospital Strategic Sourcing
Strategic Sourcing: Why it Matters to Hospitals
It took a global pandemic for many to realize we need a more strategic approach to supply chain management. The old ways of doing business do not work. Tight budgets and tumultuous raw materials markets make it tough for purchasing and supply chain…
The New ROI? CIO Role Restructured for a COVID-Free World
A few years ago, buzz had the CIO role becoming obsolete. The rise of self-service consumer technology led many to believe these tools would run the world on their own. But digital transformation changed everything, and CIOs are now stepping up as…
Brace for a Volatile Future by Building New Partnerships
Everyone has some pandemic-related battle fatigue; 2020 was the opposite of “business as usual.” The volatility we experienced last year is expected to undergo a force multiplier in the coming years. Labor shortages, an increase in cybercriminal…
Creating New Enterprise Revenue Streams After COVID
A black swan event like COVID-19 gives new perspective on the importance of embracing innovation and change for enterprise organizations. The pandemic forced many companies to reinvent themselves and develop new service lines and revenue streams.…
IT Spending: What Not To Do
CFO Dive says worldwide IT spending is about to increase again — by more than 6% this year. If anything, the C-suite has accelerated its push toward digital transformation. Is this the right approach? Maybe, but there are mistakes CFOs should take…
Lessons Learned: Remaking Budgets for 2022
Who says you can’t teach an old CFO new accounting models? Last year, budgeting was an exercise in winging it. But reopening demands a return to more concrete budgeting practices. That doesn’t mean a return to pre-COVID budgetary processes. What do…
Cloud Computing
Cloud Control: Managing Costs of Cloud Computing
The cloud may be costing your business more than it should. CFO says cloud computing costs will exceed $1 trillion by 2024 with a CAGR of 16%. The rate of billing growth for cloud services is a wake-up call for the C-suite to evaluate and track…
How to Build a Vendor Transition Plan
Building a redundant supply chain requires planning for vendor transition. While we can’t prepare for every minute possibility, a bare bones transition plan that gets you from one vendor to another quickly will help you sleep better at night. We can…
Tips for Vendor Management During Black Swan Events
A black swan event is a rare and unexpected business crisis. But black swans are not that elusive, especially if you live in Australia. There’s a lesson for the business world in this idea: Black swans are more common than you might realize. From a…
supplier base
What Has COVID-19 Taught Us About Vendor Sourcing?
From a supply chain perspective, the COVID-19 pandemic was a teaching moment. It illuminated weaknesses in vendor sourcing and procurement. Businesses learned hard lessons about the value of cash and the necessity of redundancy. The lessons the…
3 Tips to Improve Your Shared Services Management
Shared services have been transforming the corporate delivery model since the 1980s. As an operating model, the philosophy is to centralize and standardize administrative functions. The idea is to go from multiple silos with many workflows, to one…