IBM has announced it is acquiring US-based digital transformation services provider Octo for an undisclosed amount from private equity firm Arlington Capital Partners. Octo exclusively serves the US federal government, including its defense, health, and civilian agencies, boosting IBM’s ability to expand its presence in this highly lucrative segment. The deal, which is expected…
AIOps – a must-have rather than a nice to have Where IT is concerned, there’s no longer a valid business case for the old argument of “doing more with less.” The stakes are too high given the tightly connected global economy, the 24/7 speed of business, digital security threats, and their corresponding data protection regulations.…
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As companies migrate to the cloud, many providers are serving up industry clouds—cloud services that offer data models and workflows that meet the basic needs of companies in particular industries like banking, healthcare, and manufacturing. By taking care of table stakes requirements, these specialized clouds are saving companies time and money. And perhaps more importantly,…
Recently, I had the pleasure of speaking with Michelle Greene, who was promoted from SVP of EIT of Cardinal Health’s pharmaceutical segment to CIO last August. As technology chief, Greene is now charged with leading IT teams to help the Dublin, Ohio-based distributor and manufacturer of medical and laboratory products innovate new ways to evolve…
Budget planning during uncertain economic times is never CIOs’ favorite activity. But the next eighteen months aren’t shaping up to be as challenging as some may fear. For the most part, budgets are holding steady or growing in the single digits, with continued investments in security, analytics, and the cloud, among other areas. Gartner predicts…
Banking as a Service (BaaS) is revolutionising the finance sector. BaaS enables non-financial companies to provide customers with financial products and services such as personal loans, credit cards and digital savings accounts. It leverages the expertise and experience of trusted banks, such as Standard Chartered, so they can offer a wider range of services to…
One of the most important components of data privacy and security is being compliant with the regulations that call for the protection of information. Regulators want to see transparency and controllability within organizations, because that is what makes them trustworthy from a data privacy and security standpoint. Ideally, organizations will deploy systems that provide compelling evidence…
Risk management and mitigation is a high priority for CEOs and other senior executives worldwide — including CIOs and cybersecurity executives. The fact is, it’s impossible to separate risk from technology implementations and the potential cybersecurity vulnerabilities they present. One of the biggest challenges of risk management, as it relates to IT, is the emergence of a…
Merger and acquisition (M&A) activity hit a record high in 2021 of more than $5 trillion in global volume. While the market has certainly slowed this year, it remains on par with pre-pandemic levels — quite a feat at a time of business uncertainty and inflation. But when it comes to corporate deal-making, risk lurks around every corner. The…