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CIOs feeling the pressure will likely seek more pragmatic AI applications, platform simplifications, and risk management practices that have short-term benefits while becoming force multipliers to longer-term financial returns. CIOs should consider placing these five AI bets in 2025.
The bad news, however, is that IT system modernization requires significant financial and time investments. When addressed properly , application and platform modernization drives immense value and positions organizations ahead of their competition, says Anindeep Kar, a consultant with technology research and advisory firm ISG.
Weve developed our own agentic AI for code management, says Charles Clancy, CTO at Mitre. The best use case that seems to work well is in repository management, where itll go through and do bug fixes of code repositories. For example, he says, 10-year-old source code might no longer compile properly on a modern computer.
As technologies evolve, CIOs still need to build mutual commitment and support for IT initiatives,” says tech consultant and author Gerald Leonard. Leonard Poor stakeholder management can also lead to a lack of buy-in, miscommunication, and, ultimately, the failure of crucial initiatives.
Yet unlike his peers, Wiedenbeck’s dual roles — the top technology executive as well as the transformation lead at Ameritas — are often at odds. As chieftechnologyofficer, Wiedenbeck is driving automation and IT modernization to reduce complexity and technical debt.
Yet, as appealing as it is for employees to be able to use modern technologies, decommissioning and replacing systems is arduous for IT. Its a very long and painful process, notes Don Henderson, CTO at BetaNXT, a wealth management company that provides tech services to clients.
Today’s CIOs inherit highly customized ERPs and struggle to lead changemanagement efforts, especially with systems that [are the] backbone of all the enterprise’s operations,” wrote Isaac Sacolick, founder and president of StarCIO, a digital transformation consultancy, in a recent blog post.
Digging through research examining the impact of standard conventions like siloed teams and staged gate processes, Arooni began percolating ideas for how to shift IT organizations away from the traditional project-oriented culture to something more agile, with greater business accountability and more responsiveness to changing customer needs. “We
Unfortunately, many organizations still view data quality and governance functions as a given IT responsibility, leaving these investments without a financial sponsor. “The Every digital transformation initiative should identify change agents in its charter and assign changemanagement responsibilities across the agile team.
The best chief digital officers can envision a company’s digital future and bring other executives and users on board with that vision. Evangelism comes more and more under the digital role,” says Justin Cerilli, who leads the financial services technology and data and analytics practices at consultancy Russell Reynolds Associates.
I take what I learned in the scriptwriting seminar about passion and the narrative arc into every meeting I attend,” one chieftechnologyofficer said. In one, he mocked up a cover of the Financial Times , showing the company’s stock soaring and praising its technologically enabled innovations.
CIO packages often include stock options, relocation expenses, and hiring bonuses, says Victor Janulaitis, CEO of consulting firm Janco. CIO and CTO positions have become much more important as leadership is starting to look at AI, Janulaitis says. It typically is not an increase in base compensation, she adds. Stephenson says.
“Generative AI does have the ability to replace CIOs who don’t embrace the innovative shifts coming for companies,” says Tim Crawford, a former CIO himself and now a CIO strategic advisor at AVOA, a technologyconsultancy. You might have the CIO rolled into a different role, or you might be able to merge the CIO and CTO,” he says.
King Price, a South Africa-based, privately held short-term insurance provider, were able to radically transform their business strategy, increasing system resilience, customer expansion and market adaptability in the process of adopting cloud technology. CIO Africa: What are some of the biggest tech trends making a mark on your industry?
Whether you’re a CIO, CTO, chief digital officer, a data leader, cyber — the opportunity for these leaders is unparalleled when you consider the impact that they can make on their enterprises and on their industries. And the temperament and the patience on the part of many stakeholders has contracted.
Grady’s leadership team at healthcare diagnostics and software maker IDEXX had already been talking about introducing a more robust changemanagement discipline within the enterprise IT function, and seeing what was possible when everyone was on board with transformational change kicked those efforts into higher gear.
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