Demand for analytics continues to increase among Chief Information Officers (CIOs). This, according to a recent survey by International Data Corporate (IDC), shows a growing interest in business analytics, as well as a shift to a service methodology, greater reliance on software partners, increased global sourcing, and more demand for cloud computing.
These insights result from the IDC FutureScape Web Conference held on October 25, 2014, providing valuable insights and essential guidance to CIOs, line-of-business CIOS, line-of-business executives, chief innovation officers, and senior IT leaders.
Joseph Pucciarelli, Group Vice President of IT Executive Programs Research, confirms the CIO demand for business analytics, noting a large number of client queries in the topic area and mentioning the term many times throughout the webinar.
IDC, as part of the FutureScape webinar, shared the following with attendees, predicting a timeline among CIOs surveyed:
- By 2015, 60% of CIOs will use DevOps as their primary tool to address the speed and sprawl of mobile, cloud, and open source applications.
- By 2016, 65% of global competitive strategies will require real-time 3rd Platform IT-as-a–Service (ITaaS).
- By 2016, security will be a top 3 business priority for 70% of CEOs of global enterprises.
- By 2016, 80% of CIOs will deliver a new architectural framework that enables innovation and improved business decision making.
- By 2016, 80% of CIOs will accelerate 3rd Platform migration to counter premature obsolescence of current IT assets.
- By 2017, 80% of the CIO’s time will be focused on analytics, cybersecurity, and creating new revenue streams through digital services.
- By 2017, 35% of vendor sourcing relationships around 3rd Platform technologies will fail, causing CIOs to roll out new sourcing processes.
- By 2018, 30% of CIOs of global organizations will have rolled out a pan-enterprise data and analytics strategy.
- By 2018, 50% of CIOs will relinquish IT’s traditional mode of technology control in favor of an open standards-based framework.
- By 2020, 60% of CIOs in global organizations will be supplanted by the Chief Digital Officer (CDO) for the delivery of IT-enabled products and digital services.
Further, IDC shared the following predictions surrounding the top ten decision imperatives, grouped by the complexity and cost to address, shared in the image below.
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