SHARE
Facebook X Pinterest WhatsApp

The Future of IT 2004

Jan 1, 2004

To download results,click here.

  • 72% of CIOs cite improved customer service as this year’s top business priority
  • 72% say spending on IT outsourcing will double or more in five years
  • 59% expect another terrorist attack on the scale of Sept. 11 within five years
  • 18% say that in five years their companies will no longer employ a CIO

    Why is it important to think about the future? Because only by doing so do we have any chance of preparing ourselves for what might come our way. In this month’s CIO Insight survey, we asked the more than 750 respondents to think carefully about the future of information technology, in both the short and the long term. The results, divided into two sections, suggest that, by and large, CIOs are an optimistic bunch. In the short term, within the next 12 months or so, they expect to be responding to a renewed emphasis on revenue-producing strategies on the part of the business units they serve, even as they maintain their efforts to rationalize their own internal processes in a continuing effort to cut costs. Looking out five years from now, they see a business environment that is not radically different from the world they work in today. The real-time enterprise, they say, is on the way, and it will bring with it much greater managerial and technological flexibility. But the march toward a global economy will be slow, and technology will not have made the world much more secure. It is, in essence, a conservative vision of the future, one that we are, in a sense, already prepared for. Will the world really be so unchanged?

  • Recommended for you...

    How Businesses Use Unstructured Data for Business Intelligence
    Lauren Hansen
    Aug 4, 2022
    Benefits of ERP: Weighing the Pros and Cons
    Shelby Hiter
    Apr 22, 2022
    How to Choose the Right ERP System
    Shelby Hiter
    Apr 18, 2022
    How CIOs Can Support Retention During the Great Reshuffle: Interview with Carter Busse at Workato
    Shelby Hiter
    Apr 15, 2022
    CIO Insight Logo

    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 to maintain regulatory compliance for their teams and organizations. CIO Insight is an ideal website for IT decision makers, systems integrators and administrators, and IT managers to stay informed about emerging technologies, software developments and trends in the IT security and management industry.

    Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved

    Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.