FINAL WORD
A CIO ’ s ability to drive Digital Transformation in the right places at the right time can make or break a business . During the past year ’ s disruption , Australian CIOs who invested in automating processes , adopting advanced analytics and Artificial Intelligence ( AI )/ Machine Learning ( ML ) adapted most successfully .
Looking to the future , Australia expects to see an innovation boom and heavy investment in growing digital skills as supported in the 2021-22 Australian Federal Budget . This will not only enable CIOs to actively engage in the digital economy with confidence , but also empower businesses to grow investment in digital technologies .
“ Our global study validates what we ’ re seeing across our clients . As the power of the cloud , data and AI redefine the future of work , the CIO role is evolving exponentially but not equally ,” said Sanjay Srivastava , Chief Digital Officer , Genpact , who presented the research findings in a keynote speech at the MIT Sloan CIO Symposium . “ Transformation pilot CIOs that drive alignment across the C-suite and put the organizational focus on building resilience and innovation will be the co-creators of new business models and futureready companies . CIOs who do not will see their organizations struggle .”
Other significant findings from Genpact ’ s CIO study include :
• Influencing the CEO ’ s agenda is critical to CIOs ’ transformation success . The findings show that it is not enough simply to have access to the CEO , but rather to have a seat at the table in
As the power of the cloud , data and AI redefine the future of work , the CIO role is evolving exponentially but not equally .
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