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All issuesVolume 301, Issue 4IT NewsCxO

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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