Industry & Business

94% of CIOs Dedicating Up to Half Their Time on Innovation

 Breaking News
  • Fáilte Ireland Crafts a New Path to Success Across Ireland’s Ancient East Fáilte Ireland has unveiled a bespoke toolkit to equip and train craft businesses across Ireland’s Ancient East with the skills to maximise the potential of craft tourism to generate increased revenue and support local jobs. John Paul Phelan TD, Minister of State for Local Government and Electoral Reform, officially launched the Fáilte Ireland toolkit at Kilkenny’s Jerpoint Glass – a [...]...
  • Property Market Grows 8% – Almost Half of Homes Bought With Cash The latest quarterly Consumer Market Monitor (CMM), published by the Marketing Institute of Ireland and UCD Michael Smurfit Graduate Business School, shows slow but steady growth in Ireland’s residential property market, with 55,000 homes purchased in 2018, an increase of just 8% on the previous year. Excluding mortgages from the 2018 figures, there were almost 25,000 [...]...
  • Kerry Group Benefits From Unique Business Model Kerry Group, the global taste, nutrition and consumer foods business, has reported a 3.1% increase in revenue to €6.6 billion for the year ended 31 December 2018, reflecting strong volume growth and contribution from acquisitions, partially offset by adverse currency movements. Business volumes grew by 3.5% and pricing decreased by 0.5% against a backdrop of [...]...
  • 30% Increase in Dublin Industrial Take-up Dublin industrial take up for 2018 totalled 3.3 million sq ft which is a 31% increase on last year. Whilst activity was dominated by smaller deals, take-up totals were boosted by a number of larger-sized deals. There were 14 deals greater than 50,000 sq ft in the last 12 months. The top 5 deals this [...]...
  • Skillnet Ireland Wins Big at Top Digital Awards 2019 Skillnet Ireland, the national agency responsible for the promotion and facilitation of workforce learning, won big at the recent 2019 Digital Media Awards , picking up the award for Best Brand. Other finalists in the ‘Best Brand’ category included Diet Coke, BMW, Thérapie Clinic and 98FM. Established in 2005, the Digital Media Awards are the most [...]...

94% of CIOs Dedicating Up to Half Their Time on Innovation

94% of CIOs Dedicating Up to Half Their Time on Innovation
December 05
14:57 2018

Logicalis Ireland, the IT solutions and managed services provider, has announced the results of a survey which shows that 94% of CIOs spend between 10% and 50% of their time on innovation and other related activities. The research, conducted in October and involving 840 IT leaders from Ireland and across the globe, reveals that there has been a marked shift in terms of the approach of the CIO. This year, 54% of respondents said they spend half their time on day-to-day IT management, compared to more than three quarters (78%) admitting same last year.

Instead of ‘keeping the lights on’, innovation has become the top priority for CIOs with the Internet of Things (IoT) and Artificial Intelligence (AI) already having an impact. Almost half (46%) of IT leaders said their organisation is currently using IoT – this has increased from 24% a year ago – and a quarter of CIOs are already delivering business outcomes through IoT.

Similarly, 19% of CIOs say their organisations are using AI, with two thirds (66%) revealing it will be in use in their companies within the next three years. As for the area most likely to use AI, 17% cited customer service.

Half of CIOs now see their performance measured according to their ability to deliver service innovation and more than a third (35%) are expected to make a direct contribution to revenue growth. When asked about their involvement in organisation-wide innovation, 83% said they are playing an active role, with 32% driving and 51% enabling new approaches in this area.

The way businesses are thinking about innovation is also evolving, with strategies now aimed at enabling small scale, everyday experimentation. Thirty-four per cent of organisations take that approach, with the large-scale projects that once dominated now accounting for less than a quarter (23%).

Andrew Baird (pictured), Managing Director, Logicalis Ireland, commented: “It’s clear to see that the role of the CIO is evolving and it’s not surprising that IT leaders are increasingly immersed in organisational innovation and business growth. After all, they are the decision-makers shaping and enabling digital transformation through products and services.

“Certainly in Ireland, as reflected by the global findings, CIOs have assumed a much more central role in terms of strategy and innovation, often made possible by the handing over of day-to-day IT management to third parties and implementing the latest technologies.

“In addition to enabling greater innovation, putting digital technology and transformation at the heart of a business strategy facilitates collaboration and creativity. In turn, this can improve service delivery and attract new business, thus enabling revenue growth. It can also transform struggling organisations into industry leaders.”

“The investment by Logicalis Ireland in security and our focus on Hybrid IT, as well as the prioritisation by our partners in terms of bringing AI into their core solutions, supports this shift in focus and positions us well in supporting our clients.”

For more information on the 2018 Global CIO Survey, click here.

About Author



Related Articles

New Subscriber

Subscribe Here


National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories

Upcoming Events

  • No upcoming events
AEC v1.0.4