Tuesday, May 11, 2021

CIOs Losing Control of IT, Survey Finds

Computerworld: A new survey by Gartner finds that CFOs have “authorized” 26 percent of IT projects, a 15 percent increase from the previous year. In addition, 42 percent of IT departments report to the CFO, while only 33 percent report to the CEO. The study also found that “only 32% of CFOs said they see the CIO as a strategic partner.”

“There is a message in the study that IT needs to get much closer to business,” said Gartner analyst John Van Decker. “If they (CIOs) don’t do that I think what you are going to see is more of the control being taken away.”

Similar articles

Latest Articles

Top 10 Professional Services...

Professional services automation (PSA) software aims to offer service-based companies most of the software they will need to run their businesses in one package....

What is Data Aggregation?

Data aggregation is the process where raw data is gathered and presented in a summarized format for statistical analysis. The data may be gathered...

Dell APEX: Our...

One of the missteps IBM made last century was collapsing their sales model, which was services based, to generate a short-term revenue spike. Up...

Companies that Scaled Technology...

NEW YORK — Companies that “doubled down” on their investment in mostly data-heavy technology during the COVID-19 pandemic have seen their revenue grow five...