In this dynamic digital world; business executives are more and more involved in acquiring corporate technologies. However, CIOs still have the decisive power when it comes to most of the technology purchasing decisions. According to new reports from Forrester Research and CompTIA, other business executives do play an ever larger role while acquiring digital tools; but CIOs still control the majority of the tech spending.
Decisive control of CIOs on tech spending!
Obviously, it is quite tough to pin down to what extent business executives are buying the technologies or influencing the tech spending activities. But according to Forrester Research analyst Andrew Bartels, it is quite certain that there is a natural and necessary shift in terms of increasing investments in business technology that is intended to win, serve and even retain customers.
In the last decade, CIOs have been anxiously watched as the leaders in various departments like marketing, HR, and sales purchase of cloud software without any consultation from them. And the concerns are valid as the technology that has not been tested or vetted properly poses integration challenges and even cyber security threats. Thus this situation forces CIOs to step in so as to fix the problems or else assist in its proper implementation.
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CIO still has the decisive power!
Since surveys don’t paint a holistic picture, so it is still debatable as to the degree to which business executives have put and are willing to put CIO in such kind of precarious positions. In a nutshell, it is fact that statistics varies based on the person who is actually telling the tale, and even respondents exclude some form of technology from their consideration.
According to Bartels, by 2018 just 5% of all the new tech spending will be fully and directly controlled by business. He said, ‘The growing tech-savviness of business leaders and the wider availability of cloud solutions does mean that business leaders are playing a bigger role in the front end of this process’.
In it’s another report, ‘Considering the New IT Buyer’, CompTIA also announced similar sort of findings from a survey of 675 US businesses.
Date: May 24, 2017