Chief information officers are changing their business infrastructures to focus on innovation rather than just running IT, a global survey has revealed.
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CIOs are taking advantage of new and emerging technologies that can deliver financial returns, according to the IBM survey of 2,500 CIOs in 78 countries, including the UK.
Business intelligence and analytics top the list, with 83% of respondents turning to these technologies to improve the competitiveness of their organisations.
CIOs typically spend 55% of their time on innovation and growth rather than operations, the survey showed.
With increased focus on data analytics, the survey report said data reliability and security have emerged as top concerns for CIOs.
Some 71% of respondents said they plan to make additional investments in risk management and compliance.
CIOs are also increasingly turning to technologies like virtualisation, service oriented architectures, service management, cloud computing and green IT, the survey found.
Over 70% of CIOs said they are rolling out or planning virtualisation projects to cut energy costs.
The same proportion said they expect to build a centralised infrastructure in the next five years and more than half expect to implement standardised business processes.
"Clearly the role of the CIO is changing dramatically," said Pat Toole, CIO of IBM.
CIOs are trying to standardise routing processes and simplify existing infrastructures as well as play a central role in driving new business models, he said.
"It is not surprising that the amount of time they are now spending on driving new kinds of growth for their companies is growing considerably," said Toole.
Other technologies CIOs said they are using to boost internal and external communication include mobility tools, unified communications, collaboration tools, social networking and Web 2.0 projects.