Gartner’s recent annual global survey of CIOs has revealed that though organisations in the EMEA region have adopted digitalisation, they remain vulnerable to prevailing business conditions.
According to the survey, CIOs must assist their organisations acquire the abilities required to win when the next turn arrives, as year 2020 is likely to be more volatile than 2019.
Andy Rowsell-Jones, VP and distinguished analyst at Gartner, said: “Simply being digital isn’t really going to cut it anymore. Forty-one per cent of EMEA CIOs are already running mature digital businesses, up from 35% last year. It’s the coming turns that are the problem, not digitalisation. No one is immune from economic, geopolitical, technical or societal turns, which are likely to be more common in 2020 and beyond. These turns can take different forms and can disrupt an organisation’s abilities in many ways.”
CIOs who reported the nature and severity of the turns varied widely. In EMEA, 41 per cent responded of adverse regulatory intervention, 40 per cent of organisational disruption and another 40 of severe operation cost pressure.
According to Gartner distinguished analyst Kristian Steenstrup, companies need to rethink the entire digitisation strategy. A report from the analyst firm last month argued chief executives were set to face three macro-level problems which CIOs could potentially mitigate.
“CEOs think it’s time for digital initiatives to show value,” said Steenstrup. “They have been investing in digital for many years, and now expect it to ‘grow up’ and start delivering at scale. If CIOs understand what their CEO needs to achieve, they can shift their agenda to support them.” He added: “CIOs can support their CEOs by being a rounded business contributor to the overall discussion, assisting as an analytical and diagnostic thinker, as well as project manager.”
In September, a Wipro study, titled “2019 State of Cybersecurity Report”, found one in five CISOs are now reporting directly to the CEO, with cloud and IoT strategies increasingly on the radar. The study, which is based on three months of primary and secondary research, found that 15% of organisations have a security budget of more than 10% of their total IT budgets. It was also found that 65% of the companies are tracking and reporting regulatory compliance, along with 25% of the firms carrying out security assessments in every build cycle.
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