IBM Global CIO Study: Analyze This
IBM just released its new global study of more than 2,500 Chief Information Officers (CIOs).
This year’s headline: Leveraging analytics to gain competitive advantage and improve business decision-making is now the top priority for CIOs.
More than four out of five (83 percent) survey respondents identified business intelligence and analytics — the ability to see patterns in vast amounts of data and extract actionable insights — as the way they will enhance their organizations’ competitiveness.
The Global CIO Study 2009 is the largest face-to-face survey of CIOs ever conducted.
This year’s study, titled “The New Voice of the CIO,” represents the insights and visions of CIOs from 78 countries, 19 industries, and organizations of every size, and it reinforces the increasingly strategic role that CIOs are playing as visionary leaders and drives of innovation and financial growth.
With an increased focus on data analytics, the survey also revealed that data reliability and security have emerged as increasingly urgent concerns, with 71 percent of CIOs planning to make additional investments in risk management and compliance.
Other key findings of the survey:
- CIOs are continuing on the path to dramatically lower energy costs, with 78 percent undergoing or planning virtualization projects
- 76 percent of CIOs anticipate building a strongly centralized infrastructure in the next five years.
- Even as they build these standardized low-cost infrastructures, CIOs are able to focus 55 percent of their time on activities that drive innovation and growth, whereas traditional IT tasks like infrastructure and operations management now consume only 45 percent of their time
Said IBM CIO Pat Toole of the study results, “In this challenging economy, CIOs understand that analytics can be key to new growth markets, whether it’s new ways to manage a utility grid or smarter healthcare systems. Managing and leveraging new intelligence through analytics is something that today’s CIO is pursuing to gain competitive advantage in these new markets.”
Published by the IBM Institute for Business Value, this year’s CIO Study included more than 2,500 face-to-face interviews, conducted over four months from January to April 2009. In addition to the detailed personal feedback, IBM also incorporated financial metrics and detailed statistical analysis into the findings.
The report also highlights a number of recommendations from strategic business actions and use of key technologies that IBM has identified that CIOs can implement, based on CIO feedback from the study.
The full 2009 CIO Study and interviews about the study are available at www.ibm.com/ciostudy.