As the world continues to become more digital, the role of the Chief Information Officer (CIO) is evolving. In 2023, CIOs are expected to not only keep the data center running smoothly, but also drive growth and transformation for their organizations.
According to a report from Gartner's CIO practice, CIOs are facing a "triple squeeze" of economic pressure, scarce and expensive talent, and ongoing supply challenges. This is why organizations are placing a greater emphasis on realizing a quick return on their digital investments.
One way CIOs can impress the board and stakeholders is by getting the most value out of data analytics, cloud platforms, and even the metaverse. This requires a focus on hiring and retaining IT talent to accelerate digital initiatives while also building the organization's brand.
Artificial intelligence (AI) and automation can also play a key role in driving growth and transformation. These technologies can help achieve sustainability, overcome biases, address supply chain challenges, and enforce security across the tech stack.
In short, CIOs in 2023 are under pressure to deliver results, and the key to success is leveraging data, talent, and technology to drive growth and transformation. It's a big task, but with the right approach, CIOs can impress the board and stakeholders and deliver the value that organizations are looking for.