Cimpl Blog

Managing all of your technology under one consolidated umbrella is the 77th reason to go beyond TEM and manage the Enterprise Digital Footprint™.

Protecting your data and managing security risks is the 74th reason to go beyond TEM and manage the enterprise digital footprint.

Managing IoT services and the costs that come with it is the 60th reason to go beyond TEM and manage the enterprise digital footprint.

As a CIO, you face increasing pressures to digitally transform the enterprise, while juggling a full list of responsibilities. According to a CIO census survey done in late 2017, some of the key drivers of digital transformation include things like;

As the future of IT continues to progress, the role that the IT department plays becomes increasingly important, and increasingly demanding. We know that, as a CIO, your role is constantly changing and expanding. You might typically focus on having an overall responsibility for the IT of the entire organization, with a central task of keeping things running smoothly.

When it comes to purchasing new technology and investing in new systems, two particular individuals play a key role in the decision making process; the CFO and the CIO. IT priorities have been fluctuating over the past decade, and choosing where to invest requires a team effort. The CFO and CIO want to work together, and their ultimate goal is to participate in and lead the growth of the company. However, their roles within an organization are quite different. Chief Financial Officers want to make investment decisions with the cost and the return at the top of mind. The Chief Information Officer wants to invest based on software and technologies with the greatest potential for business transformation. In order to make effective decisions, the process must be business-focused, and more importantly, must incorporate the perspective of both of these C-Levels in order to maximize the benefits.

Over the course of the past decade, Telecom Expense Management (TEM) has been described as “needed now more than ever,” by multiple TEM providers, customers, as well as different media outlets such as TMC net back in 2008. The TEM playing field has been evolving and changing rapidly over the years, with some providers changing directions entirely, and others focusing on growing within the industry. Telecom Expense Management has been adjusting to the many changes and technological innovations that have spread across the world of Telecom over the past decade. Business needs are growing, and according to Gartner’s recent predictions for 2017 and 2018, so is IT Spend. As companies grow in their technology and services, their Telecom Expense Management platforms must accommodate.

The Telecom Expense Management (TEM) industry has reached a crossroad.  Market gorillas are looking to grow, and are doing so through acquisitions and mergers. I would like to raise whether these roll-ups have served their customers as well as it has served their financial backers.

The New ‘‘Workplace’’ It is well known, the conventional office, workstation programs and spaces that most of us are familiar with have changed. The new ‘‘workplace’’ is smaller with higher density individual spaces, has a wider variety of individual and group setting types, has an increased allocation of seat for collaborative spaces and reduced emphasis on large formal meeting spaces. This new workspace is what we call a shared workspace.

The role of the CFO is in hyper-drive. The forward thinking headlines are leading CFOs to unchartered territories in an economy that is unstable and uncertain. How will CFOs deliver tomorrow’s company today? Where will growth come from in 2017? Will it be through revenues or increase in operational profitability?

Today’s leaders are constantly under pressure to get more out of less. With uneasy economic conditions and an uncertain future, running a business draws upon unique and unexpected challenges. In order for the engine of the business to keep moving, risks must be mitigated, uncertainties must be diminished, and most importantly, costs must be kept low. 

What is an artificial intelligence? Although we often hear about them, artificial intelligences are rather misunderstood by the majority of people. Let us try and explain what they are and where they come from. The idea of an artificial intelligence was first presented by a team of American scientists in 1956 during the Dartmouth Summer Research Project on Artificial Intelligence [wikipedia]. Two main points came out of this presentation: