DigiTech Magazine - UK CIO2020 - Spring 2015 | Page 6

TECHNOLOGYBUSINESS ....................................................................................................................................................................
TECHNOLOGYBUSINESS ....................................................................................................................................................................

I . T . and Digital Outlook 2015

The role of the CIO is becoming ever more important in our digitalised world , so staying ahead of the challenges and being proactive with the opportunities keeps CIOs ahead of the game . Our CIO Service experts have compiled our 4 top trends for IT & Digital to ensure CIOs keep their departments relevant and disruptive in their industries .

1

CHANGING HOW WE THINK ABOUT CHANGE

2

MARKET SPEED

Speed of market accelerated by digital systems , software , applications
Market leads are now measured in days , not months or years
Responsibilities integrate multiple corporate areas affected by digital innovation
CHALLENGE Respond with greater agility to turn market speed into speed-to-market
OPPORTUNITY The rise of the Chief Digital Office to help find that extra gear when other functions have too much inertia to keep up with the rapid pace of the market
The “ waterfall ” model – discrete steps generating a completed result – no longer works
Change must be a continual , incremental activity that never stops
CHALLENGE The default for IT will be built to change rather than built to last
CHALLENGE Roll out daily small changes rather than more substantial monthly or quarterly changes
OPPORTUNITY Easier path to backtrack and fix errors
OPPORTUNITY Potentially better security because a moving target is harder to hit
6 CIO Magazine Spring 2015 Issue