CIOs Are Confident About the Digital Disruption ‘Edge’

 
 
By Dennis McCafferty  |  Posted 07-08-2015 Email
 
 
 
 
 
 
 
 
 
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    CIOs Are Confident About the Digital Disruption ‘Edge’
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    CIOs Are Confident About the Digital Disruption ‘Edge’

    By Dennis McCafferty
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    Imposing Force
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    Imposing 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.
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    Consolidated Effort
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    Consolidated Effort

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

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

    34% said the CMO leads digital business strategy, while 26% said it’s the COO. Only 14% said the CIO leads this strategy.
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    Revenue Driver
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    Revenue 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.
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    Top CIO Priorities
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    Top 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%
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    Most Successful IT Projects
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    Most 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%
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    Room for Improvement
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    Room 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%).
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    Talent Search
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    Talent Search

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

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

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

The vast majority of CIOs and other business leaders anticipate that their organizations will be impacted by digital disruption over the next 10 years–and most of them believe this shift will give them an advantage over competitors, according to a recent survey from Harvey Nash and KPMG. The report, “CIO Survey 2015: Into an Age of Disruption,” lends insights on a wide range of relevant tech topics, including the state of talent recruitment, business strategy and overall IT priorities. Fortunately, as disruptive emerges as mainstream, CIOs said they’re successfully preparing for it with new cloud, mobility and collaboration initiatives. “The speed of technology is what’s driving IT today,” said Bob Miano, president and CEO of Harvey Nash USAPAC. “Disruption is the norm now, so it’s about how fast companies can innovate. Pressure to produce at an accelerated pace is felt across all vertical markets, and has direct ties to the talent war.” More than 3,690 global organizational decision-makers–the majority of them CIOs, CTOs and other tech leaders–took part in the research.

 
 
 
 
 
Dennis McCafferty is a freelance writer for Baseline Magazine.

 
 
 
 
 
 

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