The new year is quickly approaching and IDC has provided Asia/Pacific chief information officers (CIOs) with the top ten insights that they need to be aware of in 2010. The new year is quickly approaching and IDC has provided Asia/Pacific chief information officers (CIOs) with the top ten insights that they need to be aware of in 2010.IT Relief Will Lag Economic RecoveryCompanies in Asia have been treading cautiously given the unstable economic scenario but their ‘wait-and-see’ IT policy will no longer work next year. The economy is expected to start once again and this means companies have to change their IT strategies.IDC says that CIOs should adopt an IT recovery strategy, focus on cost reduction and the dematerialisation of IT, and protect business from disruptive innovation and subsequent technology churn. The companies should also be aware of cloud migration, security, and identity and access management. CIOs should know that cloud multi-tenancy is about innovation, get better acquainted with virtual private and hybrid clouds, focus on business intelligence as a service, consider social enterprise architecture, and examine green IT approaches. They should also be aware that cloud multi-tenancy is about innovation.Adopt a sense of urgency IDC emphasises that IT is in the midst of a renaissance and Claus Mortensen, principal for the IDC Asia/Pacific emerging technologies research group notes that in 2010, companies will have to be more proactive when dealing with an economic recovery.All lines of business have suffered because of the economic downturn and according to Mortensen, companies should develop a strategy that could help them during the next upswing with a sense of urgency.“Companies will have to make a strategic bet on when the economy will turn and plan their IT investments accordingly.”Dematerialisation of ITIDC has put forward the concept of ‘dematerialisation’ of IT, which requires companies to do away with their fixed assets. On-premise IT assets are typically underutilised and escalate in cost to support. The research firm suggests that CIOs ‘dematerialise’ these assets–that is, move them off the premises and off the books.This concept is not altogether new as evidenced by the increasing popularity of cloud computing, cloud services, virtual dynamic IT, elastic infrastructure, on-demand architecture, web-oriented architecture and software plus services models. Claus said that if we look around, we will see that ‘dematerialisation’ is already taking place in various forms. Services such as cloud computing share the same core element of virtualisation, he added. Related content feature 4 remedies to avoid cloud app migration headaches The compelling benefits of using proprietary cloud-native services come at a price: vendor lock-in. Here are ways CIOs can effectively plan without getting stuck. By Robert Mitchell Nov 29, 2023 9 mins CIO Managed Service Providers Managed IT Services case study Steps Gerresheimer takes to transform its IT CIO Zafer Nalbant explains what the medical packaging manufacturer does to modernize its IT through AI, automation, and hybrid cloud. By Jens Dose Nov 29, 2023 6 mins CIO SAP ServiceNow feature Per Scholas redefines IT hiring by diversifying the IT talent pipeline What started as a technology reclamation nonprofit has since transformed into a robust, tuition-free training program that seeks to redefine how companies fill tech skills gaps with rising talent. By Sarah K. White Nov 29, 2023 11 mins Diversity and Inclusion Diversity and Inclusion Hiring news Saudi Arabia will host the World Expo 2030 in Riyadh By Andrea Benito Nov 28, 2023 4 mins 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