Harness your data – unlock your assets
Gartner’s 2018 CIO Survey (above) plainly reveals that the job of the CIO is changing. As digitalisation
and innovation put more emphasis on the information rather than the technology in “IT,” the CIO’s role is transforming from delivery executive to business executive. They must now control costs and re- engineer processes to drive revenue and exploit data.
So, how does a CIO transform their organisation to help drive revenue and the exploitation of data whilst controlling costs and facilitating these business objectives?
According to The Economist ‘the world’s most valuable resource is no longer oil, but data’. Therefore, the Chief Information Officer should be an organisation’s most valuable asset. However, many are struggling to operate at their full potential. Time and again, strategies are defined and goals are set but the fundamental data question remains –
“I don’t even understand what data I’ve got. Where do I start so I can begin using it?”
By answering this seemingly simple yet complex question, CIO’s are able to advance the objectives of their business, transforming the model whilst supporting the digital agenda.
Often seen as a risk, we want to demonstrate that rather than being something to be concerned about, data can be controlled and turned into an asset.