The study notes that CIO and CEO priorities are in sync, more so than in the past. That may be because the story is all about data – traditionally the CIOs turf.
According to IBM, CEOs and CIOs agree on “how critical it is for today’s public and private sector organizations to derive insight from the huge volumes of data being amassed across the enterprise, and turn those insights into competitive advantage with tangible business benefits.”
IBM calls out that, “83 percent of CIOs have visionary plans that include business intelligence and analytics, followed by mobility solutions (74 percent) and virtualization (68 percent).” Cloud computing shot up in priority, selected by 45 percent more CIOs than the 2009 study.
But not everyone speaks the CIOs language. Translation – it’s no longer about the applications, it’s all about the data:
- How to manage the data (there’s more data than ever to manage)
- How to leverage the data (information about consumers, markets, opportunities)
- How to integrate the data (across applications and devices)
- How to store the data (cloud, cloud, cloud)
- How to access the data (especially from mobile devices)
In a consumer world where books, movies, and newspapers are no longer on our bookshelves but in our pockets and handbags, data is king. In a business world where acquisitions, partnerships, and alliances rule, information management is critical.
One key result of the study was that risk management and compliance was considered a top priority by 71% of CIOs in 2009. Today only 58% consider it important, while cloud computing and business process management gained in importance. It seems that CIOs are less concerned less about securing data and more concerned about leveraging it.
Is it possible that we have a crossed a line where we believe the positives of sharing information out-weigh the negatives?