CIOs Must Prepare for New Era of IT

CIOs Must Prepare for New Era of IT

1-Rising DemandRising Demand

85% of CIOs are seeing IT requirements increase significantly, with more support needed for apps that enable multiple channels, including mobile.

2-On the ClockOn the Clock

Nearly 75% say time pressure for implementing IT projects is increasing as time-to-market emerges as a key performance indicator.

3-Consumer ToolsConsumer Tools

Two-thirds of companies plan to invest more in IT over the next seven years, especially for

4-Influential VoiceInfluential Voice

45% of companies expect to have a CIO on the board of directors by 2020.

5-Top Industries for Future CIO Board MembershipTop Industries for Future CIO Board Membership

Telco, high tech and media: 51%, Financial institutions: 50%, Automotive, machinery, defense: 47%, Consumer and retail: 44%

6-Universal FitUniversal Fit

Nearly 80% of CIOs expect standard software to cover more than one-half of required functionality, reducing their dependence upon custom products.

7-Expected Growth of IT Outsourcing by Industry by 2020Expected Growth of IT Outsourcing by Industry by 2020

Consumer and retail: 18%, Utilities: 17%, Automotive, machinery, defense: 16%, Finance: 15%, Telco, high tech and media: 15%

8-Best Practices for CIOs in the New Age: Drive Digital BusinessBest Practices for CIOs in the New Age: Drive Digital Business

Act as a company manager, not a tech guru. Balance sophisticated solutions for core processes with standardized packages for commodities.

9-Best Practices for CIOs in the New Age: Simplify Business and Optimize IT ArchitectureBest Practices for CIOs in the New Age: Simplify Business and Optimize IT Architecture

Reduce the number of apps, but increase the share of value-driving functions.

10-Best Practices for CIOs in the New Age: Redefine Cost-Effective IT DeliveryBest Practices for CIOs in the New Age: Redefine Cost-Effective IT Delivery

Consider agility as a key component of IT value, as opposed to cost alone.

CIO Insight Staff
CIO Insight Staff
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 network monitoring technology and solutions to maintain regulatory compliance for their teams and organizations.

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