Increasing enterprise growth, reducing costs and attracting new customers are the three main areas CIOs are focusing on in 2011, according to analyst firm Gartner. Speaking at a local analyst briefing in Sydney, Gartner distinguished analyst, John Roberts, shared the results of the 2011 CIO Agenda research, which is based on the responses of some 2000 CIOs worldwide. Roberts said CIOs are clearly focused on the growth of their business, with the wish for greater business intelligence remaining high for CIOs. “Business intelligence is appearing fairly rapidly, and it’s been number one for several years,” Roberts said. “Now does everyone work for an intelligent business where everyone in your organisation has exactly the right information in the right format in the right time to make the possible question? “I ask people in business processes that question and most of the time the answer I get is ‘no’.” Roberts said CIOs may be becoming complacent and need to find new opportunities to innovate in the IT space. “We’ve digitised more and more of our business processes across our organisation, but still I want you to say there are great opportunities to look for the white space,” he said. “ … We have an opportunity to change business models thanks to the technologies that we have today.” Finding new opportunities to create greater business value will be vital, according to Roberts, who said Gartner’s predictions indicate that CIOs could be personally impacted if they cannot deliver. “By 2015 your compensation or your bonus will be dependent upon that new value creation,” he said. With the stakes being raised even higher for CIOs, Roberts said IT leaders are being put in a difficult position of needing to take risks in a time of uncertainty. “It’s going to be all about risk and placing your bets in a very uncertain world to move forward,” Roberts said. “Reaching that decision point will be something that will impact a lot of people’s minds over the next year or two.” Follow Lisa Banks on Twitter: @CapricaStar Follow CIO Australia on Twitter: @CIO_Australia Related content brandpost Sponsored by SAP What goes well with Viña Concha y Toro wines? Meat, fish, poultry, and SAP Viña Concha y Toro, a wine producer that distributes to more than 140 countries worldwide, paired its operation with the SAP Business Technology Platform to enhance its operation and product. By Tom Caldecott, SAP Contributor Dec 04, 2023 4 mins Digital Transformation brandpost Sponsored by Azul How to maximize ROI by choosing the right Java partner for your organization Choosing the right Java provider is a critical decision that can have a significant impact on your organization’s success. By asking the right questions and considering the total cost of ownership, you can ensure that you choose the best Java p By Scott Sellers Dec 04, 2023 5 mins Application Management brandpost Sponsored by DataStax Ask yourself: How can genAI put your content to work? Generative AI applications can readily be built against the documents, emails, meeting transcripts, and other content that knowledge workers produce as a matter of course. By Bryan Kirschner Dec 04, 2023 5 mins Machine Learning Artificial Intelligence feature The CIO’s new role: Orchestrator-in-chief CIOs have unique insight into everything that happens in a company. Some are using that insight to take on a more strategic role. By Minda Zetlin Dec 04, 2023 12 mins CIO C-Suite Business IT Alignment Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe