IT budgets are increasingly being scrutinised as businesses transition to digital platforms. Four CIOs share their experiences on how they managed the shift. At the heart of their strategy was the need to balance innovation with maintaining existing systems.
Firstly, Nick Hopkinson, CIO at Devon Partnership NHS Trust, focused on streamlining the IT budget by reducing the number of systems and vendors. He believes that this approach, coupled with cloud adoption, can free up resources for innovation.
Secondly, Richard Gifford, CIO at Wincanton, emphasised the importance of aligning IT and business strategies. He suggests that creating a digital roadmap helps to ensure that IT investments support business growth.
Thirdly, Mayank Prakash, former CIO at the Department for Work and Pensions, argued that the key to digital transformation is people, not technology. He suggests that investing in staff training and development can help to drive change.
Lastly, Brad Dowden, CIO at Airswift, highlighted the role of external partners in driving digital transformation. He believes that outsourcing non-core activities can free up internal resources for innovation.
In conclusion, these CIOs suggest that successful digital transformation requires a strategic approach to IT budgeting that balances the need for innovation with the maintenance of existing systems.
Go to source article: http://www.zdnet.com/article/is-the-it-budget-ready-to-power-digital-transformation-the-journeys-of-four-cios/