For a long time technology was seen as something that was a support function to the core business and the chances were that the CEO had come from a background gaining experience in the main area of operations.
But with IT becoming more strategic, even being at the forefront of the options for a company looking for growth and innovation, there should also be more influence from CIOs in the boardroom.
Piers Linney, co-CEO of UK-based cloud service provider Outsourcery, and one of those flexing their business minds in the BBC Dragons Den series has argued that the time is now right for some changes to be made in the position of the CIO.
"CIOs are becoming business leaders in their own right. No longer just thinking of themselves as a support function, taking a ‘keep the lights on’ approach, they are fast becoming business leaders with an expertise in ICT," he said.
"Companies rely heavily on their ICT infrastructure to manage business functions, which can often be a substantial expenditure to the budget of an organisation. Through the intelligent use of the IT budget, CIOs can seize the opportunity to introduce innovative IT resources, often supplied by new and innovative partners, that have the potential to achieve greater business productivity and security, all the while decreasing resource expenditure. With the increasing reliance on ICT and technology in the workplace, experience in delivering innovative solutions that directly impact the bottom line is now an essential attribute for any CEO to have," he added.
Linney takes the view that things are already shifting and expects it to be just a matter of time before the CIO has taken the top spot in the business and is exerting leadership.
"Considering the critical importance of IT and communications services to the running of an organisation today, more CIOs should take the responsibility of regularly communicating with their senior management team in order to identify how ICT can evolve with the direction of the company," he said.