Butter up your CIO: MIT seeks Leadership Award nominees
The MIT Sloan CIO Symposium has put out the call for nominees for its annual leadership award, which recognizes innovative use of technology for delivering strong business results.
The MIT Sloan CIO Symposium has put out the call for nominees for its annual leadership award, which recognizes innovative use of technology for delivering strong business results.
The IT department at State Street has spent the past decade making its operations more energy efficient as part of an overall commitment to environmental stewardship at the financial services firm. But Madge Meyer, executive vice president, chief innovation officer and technology fellow, says the task is never truly finished. "We have a very mature program, so a part of our mission is to continue to drive down energy use," she says.
State Street Corp. is laying off 530 IT workers and transferring another 320 to IBM or Wipro Technologies, part of a shift in its approach to IT operations.
State Street Corporation says technology must evolve to meet the increasingly demanding needs of financial services, and within its own data centers is adopting new cloud-like technologies and placing a greater emphasis on Linux and open source.
State Street's executive vice president and CIO, Christopher Perretta, says he aspires to be a change agent while leading a team of more than 5,000 employees and contractors who support operations in 27 countries.