IT now plays a critical role in the successful implementation and delivery of business strategy.
The velocity of change in technology — from cloud computing to social media — has elevated the role of the CIO within many organizations.
Chief Information Officers have become more sophisticated to keep pace with advancing technology. However, they will need to evolve further to meet the new expectations.
CIOs are now needed to work to develop the business strategy. This is becoming increasingly important as many organizations evolve from in-house IT infrastructures to a more hybrid model.
The new model involves more sophisticated arrangements with multiple vendors and service providers with the capabilities to provide more flexible, specialized services that leverage new technology. The benefits of moving to the hybrid model can offer more advantages than many internal IT organizations can provide, including:
- Cost savings
- Improved functionality
- Higher service level agreements
Our series, 5: insights for executives, explores the questions:
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