CIOs Are Confident About the Digital Disruption ‘Edge’

CIOs Are Confident About the Digital Disruption ‘Edge’

CIOs Are Confident About the Digital Disruption ‘Edge’CIOs Are Confident About the Digital Disruption ‘Edge’

By Dennis McCafferty

Imposing ForceImposing Force

Nine out of 10 survey respondents believe that digital disruption will impact their organizations within the next decade, and 61% said they think they’ll capitalize on this disruption better than their current and future competitors.

Consolidated EffortConsolidated Effort

46% said their organizations either have an enterprisewide digital strategy or are currently working on one.

Unfulfilled RoleUnfulfilled Role

Three-quarters said their organization does not have a chief digital officer or someone who serves in that capacity.

Assigned TaskAssigned Task

34% said the CMO leads digital business strategy, while 26% said it’s the COO. Only 14% said the CIO leads this strategy.

Revenue DriverRevenue Driver

66% of CIOs are primarily focused on IT projects that make money for their organizations, as opposed to 34% who are most interested in tech projects that save money.

Top CIO PrioritiesTop CIO Priorities

Increasing operational efficiencies: 61%, Improving business processes: 58%, Delivering consistent and stable IT performance for business: 57%, Saving on costs: 54%, Enabling business change: 48%

Most Successful IT ProjectsMost Successful IT Projects

Infrastructure rollout: 75%, New Website/content management system: 70%, Migration of systems to cloud: 68%, New mobile apps: 62%, Collaboration systems: 59%

Room for ImprovementRoom for Improvement

73% of survey respondents describe IT’s relationship with marketing as “quite strong” or “very strong.” However, that falls behind HR (76%), finance (90%) and operations (95%).

Talent SearchTalent Search

59% said that a tech skills shortage will likely prevent their organization from keeping up with the pace of change.

Biggest Tech Skill ShortagesBiggest Tech Skill Shortages

Big data/analytics: 36%, Project management: 34%, Business analysis: 29%, Development: 27%, Enterprise architecture: 27%

Chain of CommandChain of Command

31% of CIOs report to their CEO, while 15% report to the CFO.

Dennis McCafferty
Dennis McCafferty
Dennis McCafferty is a contributor to CIO Insight. He covers topics such as IT leadership, IT strategy, collaboration, and IT for businesses.

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