CIOs, Leaders Facing Unprecedented Empowerment and Challenges – Top Predictions
Researchers and thought leaders shared 3 predictions for enterprise CIOs and IT leaders that are particularly relevant and important to consider as we move into 2022:
Prediction 1: Through 2026, 65% of CIOs will sustain a cycle of tech-based empowerment, agility, and resilience through collaborative governance, new service delivery models, and a business outcomes orientation.
⇒This is good news for leaders who have the vision to drive the business to greater success but haven’t yet been empowered to execute on it due to silos and internal resistance
Prediction 2: By 2023, 60% of CIOs will be primarily measured for their ability to co-create new business models and outcomes through extensive enterprise and ecosystem-wide collaboration.
⇒Mastering the management of the integration infrastructure (i2) layer at complex enterprises will be essential to creating new business models and achieving the desired outcomes for the business.
Prediction 5: By 2026, 85% of organizations whose data practices inhibit their business and operating strategies will empower CIOs to lead cross-enterprise investments in data governance, quality, and compliance.
⇒This is more good news for leaders who understand that their past investments in ‘integration’ (e.g. IBM MQ, MFT, Kafka, blockchain, etc.) and new investments in integration infrastructure management (i2M) will provide the data, insights, and automation critical to successfully implementing data governance, quality, and compliance initiatives
If you’d like to learn more about i2M and how your integration infrastructure layer can enable better speed-to-market, data-driven insights, application, and transaction performance, contact us to have your Nastel Technologies Account Rep set up a call with you today.
Check out the full Top 10 predictions list from the IDC FutureScape for CIO Agenda*:
Prediction 1: Through 2026, 65% of CIOs will sustain a cycle of tech-based empowerment, agility, and resilience through collaborative governance, new service delivery models, and a business outcomes orientation.
Prediction 2: By 2023, 60% of CIOs will be primarily measured for their ability to co-create new business models and outcomes through extensive enterprise and ecosystem-wide collaboration.
Prediction 3: By 2025, 75% of CIOs and CFOs will be forced to accelerate or enact formal technical debt management practices due to project delays or failures caused by unresolved technical debt.
Prediction 4: Given the rising imperative for hybrid and smart workplaces, by 2024, 60% of CIOs will reimagine user support and create a center of excellence (COE) based teams to guide the necessary investments in technology and process.
Prediction 5: By 2026, 85% of organizations whose data practices inhibit their business and operating strategies will empower CIOs to lead cross-enterprise investments in data governance, quality, and compliance.
Prediction 6: By 2024, 40% of CIOs will fail to effectively evolve IT’s capability to deliver modern digital infrastructures, provide ecosystem tech governance, and support architecture-driven business outcomes.
Prediction 7: Driven by investor pressure to minimize SG&A expenses, by 2024, 40% of organizations will shift at least 25% of IT spending to direct cost aligned with a specific line of business products/services.
Prediction 8: Despite the cost and friction, 60% of CIOs will embrace ecosystem-wide multifactor authentication for its efficacy as an essential minimum to counter rising cybersecurity threats by 2022.
Prediction 9: By 2025, 60% of CIOs will collaborate to harness industry ecosystem capabilities as a critical source of innovation, data sharing, differentiation, and cybersecurity risk management.
Prediction 10: By 2023, businesses will require 55% of G2000 CIOs to implement sustainable IT, embedding environmental, social, and governance practices into the technology life cycle from acquisition to disposal.