OracleVoice: Top 10 Strategic CIO Priorities Of 2017

More so than in any other year in recent history, events in 2017 promise to put business executives under intense pressure, as new political forces, restructured trading coalitions, and more aggressive central bankers and regulators exert their influence on companies and markets worldwide. Advances in digital technology and business models will also continue to shift the balance of global economic power, putting more pressure on CIOs to stay ahead of existing and emerging competitors. The many tools at the disposal of CIOs include cloud computing, predictive analytics, mobile applications, machine learning, and robotics, feeding broader movements such as the Internet of Things and Industry 4.0. The business opportunities are considerable: lower costs; more precise supply chains; more dynamic, reliable, and personalized products and marketing campaigns; more attentive customer service; and ultimately more abundant, loyal customers. In the next five years, CIOs expect their companies' digital revenues to grow from 16% to 37%, according to Gartner's recent CIO Agenda survey of 2,944 CIOs in 84 countries. Public-sector CIOs predict that 77% of their processes will be digitized, up from 42% today. Massive changes are ahead, and they're happening faster than ever before.