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All issues › Volume 301, Issue 4 › IT News › CxO

Why CIOs Should Invest In Business Automation

DATAVERSITY, Thursday, April 27,2023

In an increasingly challenging economic environment, it's essential that chief information officers (CIOs) take a thoughtful approach to investing capital.

The 2023 Gartner CIO and Technology Executive Survey found that more than half of digital initiatives lag behind leadership expectations, with 59% reporting the initiatives take too long to complete and 52% reporting the initiatives take too long to realize value.

While uncertainty may instinctively lead CIOs to proceed cautiously, the reality is it should be a catalyst for growth and outcomes-based objectives that produce ROI, time to value, and competitive differentiation.

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