By InformationWeek
September 10, 2009 06:00 AM
Business intelligence and analytics software provides a way for organizations to find patterns in data and to identify ways to optimize business processes and practices.
IBM’s findings about the appreciation of business intelligence and analytics among CIOs concur with the findings in the InformationWeek 500 survey, scheduled for release next week at the InformationWeek 500 Conference.
IBM’s study, “The New Voice of the CIO,” involved 2,500 CIOs from 78 countries and 19 industries. IBM claims the study underscores the “the increasingly strategic role that CIOs are playing as visionary leaders and as drivers of innovation and financial growth.”
“Clearly the role of the CIO is changing dramatically,” said IBM CIO Pat Toole in a statement. “On the one hand they are trying to standardize routine processes and simplify their existing IT infrastructure to reduce costs, hence their growing interest in technologies such as cloud computing. On the other hand, given the central role that today’s CIO is playing in driving new business models, whether it’s a Smart Grid system, an Intelligent Transport system, or a transparent food supply chain, it’s not surprising that the amount of time they are now spending on driving new kinds of growth for their companies is growing considerably.”
The study also found that 71% of CIOs plan to invest more in risk management and compliance, owing to the data reliability and security issues that accompany commitments to business intelligence and analytics.
In addition, CIOs see value in lowering their energy costs, 76% through virtualization projects. A similar percentage of CIOs expect to build a strongly centralized infrastructure over the next five years, while more than half anticipate moving to low-cost, standardized business processes.
Related posts:
- Business Intelligence Beckons CIOs, IBM Study Finds By InformationWeek September 10, 2009 06:00 AM Chief Information...
- CIOs switch focus to business innovation Some 71% of respondents said they plan to make...
- Asean CIOs list biz intelligence top priority By Liau Yun Qing, ZDNet Asia Friday, October 23, 2009...
- CIO priorities are BI, virtualisation and security, says IBM survey 11 September 2009 JJ Robinson Global CIO survey highlights business...
Related posts brought to you by Yet Another Related Posts Plugin.
This entry was posted on Tuesday, September 15th, 2009 at 9:49 am and is filed under Business Intelligence News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
