Return on Investment (ROI)-led transformative business projects will eventually move the CIO up the corporate hierarchy, according to a newly released report "IDC Asia/Pacific (Excluding Japan) IT Services Top 10 Predictions: ROI-Led Transformation in the Emerging Asia Enterprise to Drive IT Services Spend" Return on Investment (ROI)-led transformative business projects will eventually move the CIO up the corporate hierarchy, according to a newly released report “IDC Asia/Pacific (Excluding Japan) IT Services Top 10 Predictions: ROI-Led Transformation in the Emerging Asia Enterprise to Drive IT Services Spend”Because the emerging Asian enterprise customer will actively enhance its competitive position this year, CEOs of these organisations will be encouraged to drive transformative business projects where IT will be a key enabling factor and successful IT delivery essential to achieving desired return on investment.IDC advises CIOs to exhibit an increased propensity to leverage external service providers to address this strategic goal.The role of the CIO, the structure of the IT organisation, and the profile of IT staff within the organisation will change over the coming months due to several factors including increased ownership of capital expenditure (CAPEX) and operating expenditure (OPEX) budgets as well as the expansion of IT and business services sourcing. “CIOs will need to reassess the capabilities of their current staff with a view to build an IT organisation for the future wherein resource allocation towards sourcing and commercial management, customer [internal and external] service and IT management will be top of mind,” said Mayur Sahni, Senior Analyst, IT Services for IDC Asia/Pacific. Related content news Concerns remain even as the EU reaches a landmark deal to govern AI Experts believe the new regulation would add a significant compliance burden on businesses as some argue it could even stifle the growth of the rapidly developing technology. By Gagandeep Kaur Dec 11, 2023 7 mins Regulation Regulation Government feature CIOs grapple with the ethics of implementing AI With ethical considerations around AI use increasingly top of mind, IT leaders are developing governance frameworks, establishing review boards, and coming to terms with the difficult discussions and decisions ahead. By Esther Shein Dec 11, 2023 13 mins Generative AI Data Governance IT Governance feature Reed Smith turns to AI for lawyer staffing solution The legal firm’s Smart Resourcing tool helps balance workloads and ensure partners find associates with the right skills and experience, while empowering employees to make connections across the firm’s global footprint. By Sarah K. White Dec 11, 2023 8 mins CIO 100 Legal Digital Transformation news Emirates NBD drives sustainability goals with Microsoft partnership By Andrea Benito Dec 10, 2023 2 mins CIO 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