A new global study of Chief Information Officers (CIOs) by IBM reveals that the top strategic technology investments over the next five years at outperforming midsize organisations are business analytics, with cloud computing emerging as the fastest growing technology area for CIOs.
Today, 83 percent of mid-market CIOs surveyed identified analytics, the ability to extract actionable insights from “Big Data”, as their top priority investment area, while there was a 50 percent increase in the number of midsize organisations that plan to invest in cloud computing compared to IBM’s 2009 midmarket CIO study.
These results and other findings are detailed in IBM’s largest face-to-face survey of midmarket CIOs to date. The study titled ‘The Essential CIO – Midmarket CIO Study 2011,’ reflects the increasingly important role played by CIOs of today’s midsize companies today as the global economy continues to recover.