CIOs Pressured to Impact Revenue
April 01, 2020
Share this

The role of the CIO is evolving with more of a focus on revenue and strategy, according to the 2019 Global CIO Survey from Logicalis.

The study, which questioned 888 CIOs from around the world, found that 61% of CIOs have spent more time on strategic planning in the last 12 months while 43% are now being measured on their contribution to revenue growth.

The survey reveals that although CIOs are becoming more strategic and accountable, they are under pressure with reduced budgets and higher security risks. Almost half of respondents (48%) say that their time spent on security defenses has increased in the last year, with CIOs spending 25% of their time on information and security compliance. The maintenance of technology remains a key aspect of the CIO’s role, with CIOs on average, spending one-third (33%) of their time focused on day-to-day management of technology.

The increased strain is having a negative impact on CIOs’ enjoyment of their job. Almost half of CIOs (49%) believe their job satisfaction has decreased in the last 12 months, while 29% say their work/life balance has worsened. The expanded focus on strategy and revenue has had an impact on the amount of time CIOs are able to spend on innovation, with 30% saying it has decreased in the last 12 months.

Vince DeLuca, CEO at Logicalis US,said: "This increase in strategic responsibility should be embraced by businesses and CIOs alike because technology does hold the key to unlocking competitive advantage and operational efficiency. However, these survey results are stark in their findings and show the increased amount of pressure being exerted on CIOs. Organizations must ensure their CIO is fully supported and has the necessary resources to carry out their job effectively. Businesses are pushing their CIOs to understand more about the line of business and input on strategy, while CIOs are still under pressure carrying out day-to-day activities. Clearly, this needs to be addressed."


Share this

The Latest

September 17, 2020
One of the benefits of doing the <span style="font-style: italic;">EMA Radar Report: AIOps- A Guide for Investing in Innovation</span> was getting data from all 17 vendors on critical areas ranging from deployment and adoption challenges, to cost and pricing, to architectural and functionality insights across everything from heuristics, to automation, and data assimilation ...
September 16, 2020

When you consider that the average end-user interacts with at least 8 applications, then think about how important those applications are in the overall success of the business and how often the interface between the application and the hardware needs to be updated, it's a potential minefield for business operations. Any single update could explode in your face at any time ...

September 15, 2020

Despite the efforts in modernizing and building a robust infrastructure, IT teams routinely deal with the application, database, hardware, or software outages that can last from a few minutes to several days. These types of incidents can cause financial losses to businesses and damage its reputation ...

September 14, 2020

In Episode 7, Will Cappelli, Field CTO of Moogsoft and Former Gartner Research VP, joins the AI+ITOPS Podcast to discuss the future of APM, AIOps and Observability ...

September 11, 2020

Mark Thiele on the AI+ITOPS Podcast: "I believe AIOps will be everywhere, or you will be failing if you're attempting to do scale ..."

September 10, 2020

How is the AIOps market evolving? The answer in five words is: "Toward increasing levels of diversity." In the EMA Radar Report AIOps: A Guide for Investing in Innovation, EMA examined 17 vendors with cross-domain AIOps capabilities, along with doing 31 deployment interviews, and discovered a high degree of variety in design, functionality and purpose ...

September 09, 2020

In 2020, our society is undergoing massive upheaval and businesses are being forced to adapt on the fly. During this period of crisis, the companies that make the necessary adjustments the quickest will succeed. We're already seeing it happen in the accelerated push toward digitization, as companies that smoothly digitize their customer experiences move forward and those that don't get left behind ...

September 08, 2020

In Episode 6, Mark Thiele, Co-Founder and CEO of Edgevana, joins the AI+ITOPS Podcast to discuss taking AIOps to the edge ...

September 04, 2020

Bhanu Singh on the AI+ITOPS Podcast: "AIOps is an enabler for us to manage the complex digital world that we are stepping in at lightning speed ..."

September 03, 2020
Businesses — in order to remain competitive, agile, innovative, secure, and profitable — are embracing digital transformation. However, achieving success has often been a pipedream for many given the need to usher in cultural change and upgrade of the legacy systems. So, even when business leaders are in agreement with the need for embracing enterprise digital transformation, why is it that only a few have implemented it? What are the biggest barriers to a successful digital transformation initiative? Let us find out ...