How the CIO's Role Will Change by 2018

 
 
By Karen A. Frenkel  |  Posted 01-31-2014 Email Print this article Print
 
 
 
 
 
 
 
 

A recent IDC study, "Worldwide CIO Agenda 2014 Top 10 Predictions," describes the challenges that CIOs face with the advent of mobile, social, big data and cloud services, which it calls the Third Platform. This platform will require an entirely different set of IT skills and roles, according to the IDC report. It suggests how CIOs can adapt and transform their enterprises during the next four years and offers insights for next-generation CIOs. It makes 10 predictions, based on information and data from IDC customers, surveys, public data and anecdotal evidence gathered by interviewing IDC clients. In addition, the IDC study forecasts the percentage of CIOs who will embrace opportunities due to these changes. "We believe there are clear indicators that the existing role of technology management will evolve in a few years to a set of roles that includes management of innovation, information intelligence, customer experience and digital business presence," says Fred Magee, adjunct research advisor with IDC's Research Network. To read the entire report, click here.

 
 
 
  • "I" in CIO Means Innovation

    During the next two years, the primary role of 70% of CIOs will change from directly managing IT to becoming innovation partners.
  • From CxOs to Strategic Planning Partners

    By 2017, 40% of CIOs will rise to the challenge of becoming strategic partners—and not just act as CxOs.
    From CxOs to Strategic Planning Partners
  • CIOs to Increase Risk Exposure

    In an effort to reduce IT costs and accelerate business agility through more cloud computing, 70% of CIOs will expose their enterprise to additional risk.
    CIOs to Increase Risk Exposure
  • Mobile Business Will Require More Support

    By 2017, as a result of enterprise mobility, 60% of CIOs will support agile architectures with a mix of cloud-based interfaces for legacy and next-generation apps.
    Mobile Business Will Require More Support
  • Demographic Shift to Public Social Networks

    80% of CIOs in consumer businesses will integrate IT with public social networks by 2015 in order to meet the needs of young and mobile customers.
    Demographic Shift to Public Social Networks
  • Gap Between Business and IT Planning Unsustainable

    IDC expects 60% of CIOs to recognize the importance of developing a fully functional enterprise architecture linked to service development and planning, but says less than 40% will deploy that architecture effectively.
    Gap Between Business and IT Planning Unsustainable
  • Inadequate Security for Legacy Systems

    By 2015, 60% of IT security budgets for increasingly vulnerable legacy systems will be too small by a factor of 30% to 40%.
    Inadequate Security for Legacy Systems
  • Increased Vulnerability to Knowledgeable Insiders

    While the total spend for security to combat attacks from knowledgeable insiders is $5 billion, only $617 million is spent on the analysis of threats and protection. The challenge for CIOs is to help executives understand how increased spending can better defend the enterprise from insider threats.
    Increased Vulnerability to Knowledgeable Insiders
  • Anemic IT Budgets Through 2018

    Vendors will provide mobile, social, big data and cloud services. This service is becoming known as the "Third Platform." By 2017, the transfer to Third Platform from line-of-business budgets will require 60% of CIOs to reduce the cost of infrastructure and operations.
    Anemic IT Budgets Through 2018
  • IT-as-a-Service to Emerge

    By 2016, 80% of the IT budget will be based on internally sourced IT and business services. By 2018, Third Platform technologies will redefine 90% of IT roles.
    IT-as-a-Service to Emerge
  • Recommendations For CIOs

    IDC's advice includes: Delegate the role of technology manager to a CTO, so that you can focus on information intelligence and innovation. Shift enterprise architecture from its IT focus to include Third Platform business architecture and transformation. Ensure that everything IT does is positioned to support business value by developing a comprehensive service portfolio.
    Recommendations For CIOs
  • Dealing With Third Platform Skills Shortages

    IDC expects Third Platform skills shortages to inhibit 33% of projects until 2018. It recommends identifying strategic skills that must be developed and kept in-house, such as business intelligence and security, and outsourcing the rest.
    Dealing With Third Platform Skills Shortages
 
 
 
 
 
Karen A. Frenkel writes about technology and science, innovation, and entrepreneurs and lives in New York City.

 
 
 
 
 
 

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