CIO's lead the bold disruptors: 30% of firms will increase spend on cloud, security and risk, networks, and mobility
In 2021, 30% of businesses will continue to accelerate their spend on cloud, security and risk, networks, and mobility — including struggling businesses looking to leapfrog less wily competitors and gain advantage coming out of the pandemic.
Leading CIOs will embrace cloud-first and platform strategies for speed and adaptiveness, eschewing stovepipes for end-to-end solutions. Interviews with leading CIOs found that they are collaborating more across organisations, objectives, and budgets, extending IT-business partnerships into enterprise- level shared accountability. They will also invest aggressively in employees, breaking down old ideals and resolving resistance within the organisation.
In fact, CIOs focused on employee experience (EX) will help their businesses attract, develop, and retain talent that can provide competitive advantage in a critical year. They will make the investments to foster social collaboration, make information easier to find and use, and provide less distracting security. CIOs who are slow or unable to adapt will become mired in short- term fixes that lead to digital sameness, not differentiation, and their top talent will get frustrated and leave for more visionary pastures.