Business Chief Europe Magazine May 2016 | Page 26

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DOING MORE WITH less is a constant challenge to IT organisations . There is continuous downward pressure on IT budgets , while expectations surrounding what can be achieved through transformational IT projects have increased significantly . CIOs are still expected to play a key role in driving the business forward by improving IT applications and infrastructure , efficiency and business processes . As a result , they are under pressure to repeatedly deploy the ‘ next big thing ’ to stay competitive , while still delivering maximum benefit and optimal value to the business . With digital disruption already taking place today , many CIOs are preparing themselves to be thought leaders on the disruptive impacts of the digitalisation of industries . They are learning to anticipate and communicate the potential opportunities of being a disruptor and the risks of being disrupted , and are leading the dialogue around the implications and business imperatives with regard to the allocation of resources and funding levels for technology investment . However , while CIOs have jump started a digitalisation strategy and journey , the question remains : how can they balance the demand for cost savings with the need to keep the business relevant in a digital future ?
I ’ ve identified four key opportunities for CIOs that can jump start their digitalisation journey .
26 May 2016