The CIO at Thomson Reuters, Jane Moran was doing just that; I have observed her career over the last several years and have seen that she keeps in line with market trends and best in class solutions.
For example, most recently there were nine different billing applications that customers were being overwhelmed with and needed to implement a solution.
was able to present a solution to the business that would consolidate these nine applications into just one, SAP
This was not an easy sell since it meant a 100M investment by the company but by knowing the businesses and customers pain points they approved the solution.
is not only down to one billing system which represents a 20M savings annually but as a result it has been able to reduce out carbon foot print as well as headcount.
has also launched the 2020 Program which is a standardization initiative to have a best in class application suite that can be used globally.
The initiative came about due to the fact that Thomson Reuters
purchased at least seven companies yearly and have not done successful integration but rather jam them into data centers and keep moving forward.
This will not only reduce the enormous expense of running multiple applications at different locations but it also gives Thomson Reuters
the economy of scale.
There is also a data center reduction program that is helping to reduce carbon footprint as well as expense since currently there are over 200 data centers and the plan is to consolidate to 9 strategic data centers.
Jane is a very clever CIO and I say this because she has been able to keep her role as Global CIO for more than five years.
has been able to define her
role by presenting IT as a strategic business enabler.
How has this happened, well Jane makes it her
business to meet for lunch or dinner with either colleagues or people in the company that have senior roles to her
This has allowed her
to develop strategic relationships and understand the needs of the business.
This allows her
to go back and work with her
staff to develop a viable solution.