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Keep up with technology's impact on business. This blog provides summaries of the latest industry research.



October 2009 Archives

A new global study of chief information officers (CIOs) by IBM reveals that the top technologies for enhancing competitiveness over the next five years at high-growth midsize organizations are business intelligence and analytics and self service portals. Eighty-six percent of midmarket CIOs identified business intelligence and analytics - the ability to see patterns in vast amounts of data and extract actionable insights - and three-quarters chose self service portals.

These results and other findings are detailed in the Midmarket Executive Summary, which is part of the 2009 Global Chief Information Officer Study, the largest face-to-face survey of CIOs ever conducted. The study, titled "The New Voice of the CIO," represents the insights and vision of more than 2,500 CIOs worldwide, including 158 CIOs in 31 countries employed at midsize organizations with fewer than 1,000 employees. The Midmarket Executive Summary illustrates the increasingly strategic organizational roles that CIOs play in areas such as setting strategy, enabling flexibility and change, and solving business problems.

As part of the research, the study looked at the difference between the responses of CIOs from organizations with high growth in profits before tax and CIOs from organizations with low growth. The findings revealed that all CIOs must juggle several complementary, yet sometimes conflicting, roles, but that CIOs at high-growth midsize organizations are especially proactive about championing innovation and co-creating business strategy.

Key findings of the study include:

  • Midmarket CIOs are braced for continued volatility - more than half (55 percent) anticipate changing their business models over the next three years;
  • More than half of midmarket CIOs are active in developing business strategy, a number that drops to 33 percent when midsize and larger organizations are combined;
  • The most successful CIOs at midsize organizations spend close to two-thirds of their time on activities that spur innovation;
  • Fifty-eight percent of high-growth companies are focused on turning mountains of information into insight and actionable information, versus 43 percent of low-growth companies.

Posted October 12, 2009 1:21 PM
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