ARMONK, N.Y., Sept. 10 /PRNewswire-FirstCall/ -- A new global study of more than 2,500 Chief Information Officers (CIOs), released by IBM today, reveals that leveraging analytics to gain a competitive advantage and improve business decision-making is now the top priority for CIOs. More than four out of five (83 percent) survey respondents identified business intelligence and analytics - the ability to see patterns in vast amounts of data and extract actionable insights - as the way they will enhance their organizations' competitiveness.
These results and other insights are detailed in the just-released Global CIO Study 2009, which is the largest face-to-face survey of CIOs ever conducted. The study, titled "The New Voice of the CIO," represents the insights and vision of CIOs from 78 countries, 19 industries, and organizations of every size. The study reinforces the increasingly strategic role that CIOs are playing as visionary leaders and as drivers of innovation and financial growth.
With an increased focus on data analytics, the survey also revealed that data reliability and security have emerged as increasingly urgent concerns, with 71 percent of CIOs planning to make additional investments in risk management and compliance.
Other key findings of the survey include:
-- CIOs also are continuing on the path to dramatically lower energy
costs, with 76 percent undergoing or planning virtualization projects.
-- 76 percent of CIOs anticipate building a strongly centralized
infrastructure in the next five years. Furthermore, more than half of
CIOs are expecting to implement completely standardized, low-cost