Tag Archives: CIO Strategy

  • CIO Holidays

    Top 5 things on mind of CIOs this holiday season

    There has not been a time when IT has been as important as it is now. The battle for business among the IT companies is at its peak with every player seeking to get an edge over their competition. CIOs and software development experts are at pains to give their bosses this edge and this holiday; it is safe to say they will have plenty to think regarding digital transformation and how they can make their presence known. But, the top five concerns on every CIOs mind this holidays should surround these five.
    1. Innovation

    Virtually any CIO in the market is looking to innovate; it is unfortunate that when most try, it ends up in disappointment. Nevertheless, it never takes away the need to innovate. Now more than ever, they need the innovation be it in mobile apps, software development or even in data integration. Innovation and how to implement it successfully is the single greatest priority that every Chief Information Officer is left to struggle with.

    Every person in any IT capacity understands the essence of innovation and how important it is. No matter how small or big, any CIO that can crack a new way to innovate and rake in better results for their companies will be on the winning team. However, to achieve any success, resources like ideas, highly qualified teams and money are all needed.

    2. Business Productivity and Efficiency

    This is something that rings at the back of every business minded person. You want to drive up productivity without having to invest in an equal amount of resources. While most individuals in management only think about this, CIOs are tasked with actually realizing the dream. Even though innovation features top at the list of digital transformation CIOs are at pains of coming up with productive and efficient ways of going about their business. The only reason why this does not feature further up on the list of things that CIOs have to figure is because of its lower revolutionary nature compared to innovation.

    With a valid idea, most institutions are willing to throw caution to the wind pump funds in following up the idea. Which is why business productivity and efficiency will rank second in the priorities that professionals will be trying to figure out.

    3. Security and privacy

    Whether it is in line with simple mobile apps or state of the art websites, every IT user has one concern, safety, and privacy online. Of course, that means that the establishment with the most comprehensive approach to securing online presence stands to be the most profitable.

    Additionally, with more people opting for online storage of information using cloud services, the demand for security and privacy to secure sensitive information by both businesses and individuals is at an all-time high. Whether it is for their companies, for second parties or as consumer products, online security is something most CIOs will be considering. Especially given that more people are embracing the idea of storing information online as opposed to local storage.

    4. Technology Alignment with Business
    Business and technology has been the theme for years and has continued to be. Aligning your business with recent IT trends is one of the most efficient ways to grow. In recent time’s business have opted for more of social marketing as opposed to the old advert methods. This is just one of the ways that the online world is changing business.

    The task that CIOs are laden with is not only creating mobile apps or engaging in cutting edge software type of development but to ensure that IT understands what the business does, the role it’s going to play and above all, knowing what the priorities are. CIOs will also need to figure and understand how their creations affect the profit margins and business delivery and strategize on how emerging technologies can enhance the operation of business. After all, IT and software development is a business in itself.

    5. IT Cost Reduction and Controls

    If your innovation is not offering the users a more affordable and efficient and effective option or alternative to save data or any other IT-based function, then, you’re headed it the wrong direction. With the ground covered, the focus is now on the ability to produce faster, cheaper and easier to maintain IT options. To achieve the same edge as competitors, CIOs should adopt the same focus. Among the options that many will be trying to consider include a different set of management best practices, personal communication skills and even governance and policies.

    Digital transformation will always be a continuing factor that requires continued thinking, brainstorming, and innovation. It is not easy to come up with new ideas, but without a doubt, this is a process that most CIOs have embraced and have made part of their lives. The only factor that keeps changing is what they have to prioritize. This holiday, these five seem to be at the top of every CIOs mind and list of priorities.

  • Digital Transformation with OTS

    How are digital initiatives shaping CIO strategies of tomorrow?

    Over the next few years, the primary focus for organizations will be on digital transformation. Business leaders now recognize that they must provide agility, scalability, and innovation to be competitive in a digital environment.

    The burden that falls to you as CIO is to provide more capabilities and performance. At the same time, you’re required to provide maximum resource availability to satisfy both business and consumers. Driving a digital transformation at the same time can be a challenge.

    To achieve this transformation you’ll the inclusion of IT in business strategy not just as a service provider, but an essential stakeholder. CEOs and business owners may have to make additional sacrifices and commitments to see that you can realize this transformation efficiently. This includes enterprise-wide collaboration on some or all of the following digital initiatives.

    Focused approach

    Given your challenges in integrating automated systems, IT is not as flexible as other business operations. It’s difficult to introduce innovation to an accepted infrastructure that’s in almost constant use due to the internet and mobile apps. But transformation requires agility.

    As more leaders recognize the digital demands of future business activity, you should be finding increased funding and more support. You must learn to foster a prioritized vision for your IT objectives, where even demands like security and data management take a second place to focus on development and integration.

    Digital revenue

    More third-party application are becoming available, so that it’s more difficult for companies to find alternative that provide genuine benefits over the competition. Technology itself is becoming more interconnected, such as self-driving cars and Wi-Fi enabled smart appliances. You must adapt to a more complex way of doing business.

    Companies are beginning to place emphasis on technical partnerships and mobile apps to provide marketability. Your deliverables must embrace popular mobile devices and an increasing number of open-source platforms. Integrating with wider and already accepted technologies provides your company new revenue streams that differ from traditional ideas of product marketing.

    Data Governance

    In the era of big data and cloud-based business analytics, information has become one of the most valuable assets at any company. Using data to maximize profits and improve efficiency is an important aspect of your role in the foreseeable future. As the volume of data grows, you will look for more automated approaches to business intelligence.

    A CIO may see analytics as a key asset of future business, but many stakeholders are not convinced of the value in investing more heavily. Data mismanagement has led to outdated or lower quality data yielding inaccurate results. Future benefits from analytics will require that you implement a data governance framework, and get top executives engaged in data-driven decision making.

    Collaboration

    Digital initiatives are likely to fail as business grows due to a lack of collaboration and effective integration. Digital transformation tends to be seen as simply a series of your specialized projects. Businesses that aren’t open to digital integration across the enterprise won’t have a clear picture of how you transform internal processes. Sales, marketing, HR, and other departments tend to compete for resources that detract from overall development. This is especially true if certain parties favor outsourcing or third-parry solutions rather than internal transformation.

    You may find it difficult to architect a program of digital transformation without the consensus and participation of management as a whole. You must convince the various stakeholders to participate and collaborate in a mutual solution that benefits the whole organization. Digital transformation can be seen as an ongoing IT function where specific ideas are married to your technical knowledge.

    Speed, quality, and innovation

    Until recently, you may have been reluctant to take up an equal partnership in upgrades that only benefit other interests. Other departments may have no grasp of the time, money, and effort required in your software development projects. But in the near future all business partners will be open to innovation in pursuit of the common goals of quality results and fast delivery.

    The Agile methodology works well not only in software development, but progress in other technical projects. Many companies are slow to deploy these principles, or to fully benefit from them, for fear that you might produce changes too rapidly to adjust to. But those companies that don’t embrace and adapt to rapid change are likely to fall behind. Transformation in the future needs to focus on not just your defined requirements, but speed of integration.

    Most managers feel that IT should play a more pivotal role in business strategies, but few IT leaders are influencers today. In the future, however, you will find that more key executives will understand that you provides not just a core service, but the impetus and leadership for essential technical progress.