Most chief information officers (CIOs) agree that technology is the nervous system that connects all of the different departments in a company. However, if it were possible, many would be happy to tear up and replace large parts of the tech stack.
That’s according to a report from Lenovo, based on a survey of more than 500 CIOs, which says most find the role has evolved and expanded significantly in recent years. The result is that CIOs play a greater role in the fortunes of their organization.
This growing reliance on the CIO stems from the growing importance of technology, a component that must constantly evolve to keep the business afloat.
Room for improvement
Most CIOs think their current technology stack has “lots of room” for improvement, and if given the chance, 57% would replace at least half of their current stack.
The majority now use more Device-as-a-Service offerings than a few years ago, and almost all (92%) would consider adding additional “aaS” offerings in the coming months.
If companies stopped investing in digital transformation initiatives, according to the report, it would only take a few weeks to feel the negative impact, most CIOs agree.
Technology providers, which are “so effectively integrated that they increase their overall productivity”, are able to solve a myriad of problems for CIOs, including increasing their organizational agility (60%) and ensuring the security of systems and operations of their business (52%). , simplifying technology configuration, deployment and maintenance (50%) and optimizing costs (43%).
In the months and years ahead, CIOs will find data privacy, cybersecurity and ransomware, as well as managing a fragmented ecosystem of IT vendors as the biggest challenges, Lenovo concluded.
“Modern CIOs are the ‘mission control’ for their organizations, their role has transformed dramatically in the last 24 months alone,” said Ken Wong, president, Lenovo Solutions and Services Group.
“Whether navigating complex technology ecosystems to keep up with the speed of digital transformation, upskilling employees, or managing a global shortage of IT talent, today’s CIO is responsible for all of the technology value chain and beyond. Lenovo research shows that CIOs are up to the challenge. And they seek to partner with their vendors to lead their organizations and succeed.