CFOs Taking Lead Role in IT Decisions

CFOs Taking Lead Role in IT Decisions

Buck Stops HereBuck Stops Here

40% of CFOs at high-performing organizations drive decisions and actions impacting tech investment, while only 28% of those at low-performing ones do.

Profit-MindedProfit-Minded

45% of CFOs at high performers play the top role in monitoring the ROI of tech from approval to post implementation, compared to 37% of CFOs with low-performers.

Out with the OldOut with the Old

23% of CFOs at high performers say they are in charge of identifying which technologies should be retired as new ones are deployed, as opposed to 18% of those with low performers.

Upon Further ReviewUpon Further Review

45% of CFOs at high performers say they drive decisions and actions when it comes to redefining the cost model of business as new technologies are implemented, compared to 38% of those with low performers.

Big ProjectBig Project

Only 4% of CFOs say they have fully deployed big data analytics throughout all businesses, but 20% expect to do so within two years.

Bigger InputBigger Input

60% say their influence in providing insightful analytics has increased, and about the same say their influence in partnering effectively with enterprise functions has grown.

Integrated EffortIntegrated Effort

51% say they’ve adopted integrated business services, and this figure is expected to increase to 56% within two years.

Service SupportService Support

Nearly two in five anticipate increasing their investments in the cloud and SaaS by at least 26% in two years, and 11% say that increase will exceed 50%.

Moving ForwardMoving Forward

Nearly one-quarter say their investments in mobility will increase by at least 26% within two years, and one in 10 say the increase will exceed 50%.

CIO Insight Staff
CIO Insight Staff
CIO Insight offers thought leadership and best practices in the IT security and management industry while providing expert recommendations on software solutions for IT leaders. It is the trusted resource for security professionals who need network monitoring technology and solutions to maintain regulatory compliance for their teams and organizations.

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