CEOs Give IT Leaders an A+
CIOs Beat CEO Expectations
51% of CEOs and business owners believe their IT department is delivering on par, and 36% believe it is delivering above expectations, when it comes to their ROI.
CEOs Trust Senior IT Leaders
93% of these execs believe their company’s IT department will pay a crucial role in their business in 2015.
CIOs Articulate Value
CIOs are making sure other departments understand their role. 98% of CEOs and business owners say CIOs adequately articulate the role IT plays in their company.
CIOs to Get Larger Budgets
48% of CEOs intend to increase IT’s budget in 2015, and 46% will keep it the same. Only 5% plan to decrease IT budgets in 2015.
CIOs’ Projects Are Critical
“As CEOs constantly look for ways to improve the balance sheet, it is very encouraging for CIOs to know that their projects are deemed critical to the company’s bottom line, and most will actually see an increase in their IT budget,” says Modis President Jack Cullen.
CEOs Credit CIOs With Good IT Investments
90% of CEOs and business owners surveyed trust their head of IT to appropriately invest in technology to grow their business.
Battle for Talent
“We have seen an uptick in company’s hiring into their IT departments, even as the year starts to wind down,” Cullen says. “Projects are continuing to keep their funding, and … IT talent remains very much in demand.”
Recommendations
With a thorough understanding of their crucial role in the success of the business, CIOs can make themselves invaluable at the executive decision-making table.
