Ted DellaVecchia, former senior vice president and CIO at Starbucks Coffee Co., had a different game plan in mind when he quit last year. He figured he’d stay in Seattle, become a consultant, and peddle his business and IT expertise to IT startups eager for the knowledge he’d gained at Blue Cross, IBM and Starbucks.But then the bubble burst; DellaVecchia needed a new plan. That’s when it hit him: sports. Why couldn’t he sell this same consulting package to professional sports franchises? After all, sports teams need to run their finances efficiently, and they could benefit from CRM systems. And there’s a whole new generation of business-savvy young owners, such as Mark Cuban of the NBA’s Dallas Mavericks, eager to explore new ways of doing sports business. Today, DellaVecchia is a self-employed business and IT consultant to the stars?the all-stars. Working initially with an NBA team (which prefers not to be identified for competitive reasons), DellaVecchia has crafted an approach that touches on IT infrastructure, investment, fan loyalty, CRM and corporate sponsorships. His focus is on helping teams maintain healthy profits even in losing seasons.The upside of the new job is that DellaVecchia gets to play several positions at once?CIO, CEO, consultant and sports GM. The downside: risk of failure. What if sports isn’t as open to business and IT consulting as DellaVecchia thinks? “But hey,” he says, “if you don’t take risks, you shouldn’t expect rewards.” Related content brandpost Sponsored by AWS in collaboration with IBM How digital twin technology is changing complex industrial processes forever As the use cases for digital twins proliferate, it is becoming clear that data-driven enterprises with a track record of innovation stand the best chance of success. By Laura McEwan Dec 05, 2023 4 mins Digital Transformation brandpost Sponsored by AWS in collaboration with IBM Why modernising applications needs to be a ‘must’ for businesses seeking growth Around one-third of enterprises are spending heavily on application modernisation and aiming for cloud native status. The implications for corporate culture, structure and priorities will be profound. By Laura McEwan Dec 05, 2023 5 mins Digital Transformation opinion 11 ways to reduce your IT costs now Reorienting IT’s budget toward future opportunities is a big reason why CIOs should review their IT portfolios with an eye toward curbing unnecessary spending and realizing maximum value from every IT investment. By Stephanie Overby Dec 05, 2023 11 mins Budget Cloud Management IT Governance news analysis SAP faces breakdown in trust over innovation plans The company’s plan to offer future innovations in S/4HANA only to subscribers of its Rise with SAP offering is alienating customers, user conference hears. By Peter Sayer Dec 05, 2023 6 mins SAP Cloud Management Innovation Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe