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November 9, 2015updated 21 Oct 2016 5:26pm

We lead transformation say EMEA CIOs as digital revenues to double in five years

News: Platform thinking arrives amid talent crisis and transformation land grab

By Sam

CIOs expect digital revenue will grow from 17 per cent in 2015 to 38 per cent of total private sector revenue by 2020, according to a Gartner, Inc. survey of 1,075 CIOs in EMEA.

EMEA CIO findings come from a worldwide survey that gathered data from 2,944 CIOs, who collectively control over $250 billion in IT budget, in 84 countries.

Forty-three per cent of the CIOs in EMEA indicated that they are leading digital transformation, and 33 per cent identified themselves as the innovation leaders in their organisations. In EMEA, 69 per cent of the CIOs have a strong partnership with their CEO.

"The digital era requires flexible systems and structures that can swap resources in and out, and change partners based on shifting priorities," said Graham Waller, research vice president at Gartner. "Digital visionaries harness platforms to create value through connections and interactions, rather than ownership of individual resources. This creates semiporous boundaries between an organisation and the resources and components outside its domain."

As a digitally disruptive decade emerges, bimodal IT is becoming real and increasing digital performance. Bimodal IT captures the platform characteristic of continuously building and refactoring capabilities for the future. "Delaying bimodal IT is the worst thing a CIO can do," said Mr Aron.

In EMEA, 39 per cent of the surveyed CIOs are on the bimodal journey, and 27 per cent are planning to undertake it in the next three years. The survey showed that 13 per cent of CIOs do not plan to move toward bimodal IT, and that 21 per cent are unsure.

"As digital deepens, it’s clear that hardcoded business and operating models won’t suffice," said Dave Aron, vice president and Gartner Fellow. "What’s changed is that there’s a shift to platform thinking. Business executives need to look at their business as a hierarchy of processes, in terms of their business models, delivery mechanisms, talent and leadership Platform concepts need to penetrate all aspects of a business."

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In EMEA, 17 per cent of the CIOs said that the difficulty of finding talent was one of the biggest issues standing in the way of achieving their objectives, and 59 per cent of CIOs said that there is a talent crisis. Seventeen per cent also said that money was an issue, which is strongly connected to it.

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