IT Unprepared for a Bolder Digital Future
42% of CIOs do not believe their IT organizations have the right skills and capabilities to prepare for the future.
51% are concerned that the “digital torrent” is arriving more rapidly than they can cope with.
CIOs are planning to spend 20% of their IT budget on growth and innovation, compared to 15% in 2009.
One-quarter have already made significant investments in the public cloud.
Software as a Service: 72%, Infrastructure as a Service: 47%, Platform as a Service: 43%, Business process as a Service: 17%
More than one-half cite agility as the primary motivation for cloud investment, and only 14% cite the need to cut costs as the top reason.
Because of the fast pace of digital transformation, CIOs must clearly communicate to IT teams that status quo will never be an option.
That would be infrastructure, operations, core apps like ERP, services and sourcing, models, and so on. All must be built for greater speed and scale. All associated vendors must be on board with enhancing—not stifling—innovation.
It encourages a skills growth mindset for older employees (and possibly even you), as younger staffers can introduce them to the immense possibilities of digital innovation.