How CIOs Wield Influence in the C-Suite

By Dennis McCafferty  |  Posted 09-05-2016 Email

The influence of CIOs and other IT leadership execs is growing within the majority of midmarket companies, according to a recent survey from Deloitte. The accompanying report, titled "Technology in the Midmarket: Taking Ownership," indicates that this shift is emerging at a time when these businesses are increasingly viewing tech investment as a strategic value-builder. They're pursuing cloud initiatives, for example, to boost the effectiveness of accounting, enterprise resource planning and customer relationship management efforts. In addition, many are pursuing predictive analytics to boost competitive edge. To ensure they can expand investment into these and other IT areas in a secure manner, CIOs and other tech leaders are convincing the C-suite and other executive leaders to deploy data encryption more than ever. These companies "are increasingly realizing value through early investments in the cloud, social, mobile and data analytics," according to the report. "After using such solutions to leapfrog bigger competitors and differentiate their customers' experience, IT leaders now have greater license to invest in other technologies and attain more influence in setting the technology agenda. (They've gained) greater clout in the C-suite. Compared to just a year ago, IT leaders -- including CTOs, CIOs and IT department leaders -- now have significantly more influence than their bosses in the executive suite when it comes to the adoption of new and emerging innovations." An estimated 500 C-suite execs and managers at midmarket companies took part in the research.

Dennis McCafferty is a freelance writer for Baseline Magazine.


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