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Ambitious Companies

CIOs must invest in distinctive solutions

Published 18 February 2008, 05:47 AM

A recent Gartner EXP worldwide survey of 1,500 CIOs argues that they must replace generic technology with distinctive solutions in order to support business objectives.

Eighty-five percent of chief information officers (CIOs) see significant change coming over the next three years as they look to meet rising business expectations for IT to make the difference in their enterprise strategy, according to a worldwide survey of 1,500 CIOs by Gartner Executive Programs (EXP). "CIOs recognize the importance of IT in 'making the difference' by changing business processes, attracting customers and developing new products and services," said Mark McDonald, group vice president and head of research for Gartner EXP. "However, they are guarded in their confidence in IT's ability to create results in these areas. Momentum has been building for IT to play a larger role. This year, those expectations are beginning to outpace CIO confidence to deliver. This sharpens CIOs' concentration on IT capabilities like never before."

Eighty-five percent of chief information officers (CIOs) see significant change coming over the next three years as they look to meet rising business expectations for IT to make the difference in their enterprise strategy, according to a worldwide survey of 1,500 CIOs by Gartner Executive Programs (EXP). "CIOs recognize the importance of IT in 'making the difference' by changing business processes, attracting customers and developing new products and services," said Mark McDonald, group vice president and head of research for Gartner EXP. "However, they are guarded in their confidence in IT's ability to create results in these areas. Momentum has been building for IT to play a larger role. This year, those expectations are beginning to outpace CIO confidence to deliver. This sharpens CIOs' concentration on IT capabilities like never before."

Top 10 business priorities Ranking
Business process improvement    1
Attracting and retaining new customers 2
Creating new products and services(innovation)  3
Expanding into new markets or geographies 4
Reducing enterprise costs 5
Improving enterprise workforce effectiveness 6
Expanding current customer relationships 7
Increasing the use of information and analytics 8
Targeting customers and markets more effectively 9
Acquiring new companies and capabilities (mergers and acquisitions 10

 

Top 10 technology priorities Ranking
Business intelligence applications   1
Enterprise applications (ERP, CRM and others) 2
Servers and storage technologies 3
Legacy modernization, upgrade or enhancement 4
Technical infrastructure 5
Security technologies 6
Networking, voice and data 7
Collaboration technologies 8
Document management 9
Service-oriented architecture (SOA) and service-oriented business applications (SOBA) 10
Posted By warren.sander@hp.com | 1 Comments | Trackbacks | Permalink


Comments

great article guys keep it up !!!! i must add it was avery inforamtive and well written arul vigg
# Thursday, March 06, 2008 01:19 PM by arulvigg

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