Business Strategists on the Rise
CIOs don’t just lead IT shops. The best are business strategists. The CIO position continues to grow in stature in the business world. At more companies, the person leading the information technology organization has the CIO title. More CIOs are reporting to CEOs than in the past. And compensation rates overall continue to climb. That’s the big picture. Read on to drill down into the data from our seventh annual “State of the CIO” study, which asked 558 heads of IT about their organizations and careers. Find specifics about salaries, IT spending, outsourcing and more. And find more coverage at CIO.com.
The Bigger They Are, the More They Outsource
State of the CIO respondents reported that they farm out 17 percent of their total IT labor to outsourcers or contract service providers. That’s compared to 16 percent last year. When you look at company size, large companies (bigger than $1 billion in revenue) ship out 23 percent of IT labor to outsourcers, while small and midsize companies outsource 14 percent on average.
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Source:CIO Research