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To drive a rapid shift towards the adoption of emerging technology, CIOs need:

Highly specialized knowledge of emerging technology and trends
The ability to engage the business in co-creating value via emerging technology
The skills to manage complex enterprise risk
Strong governance processes which support enterprise change management

Our Advice

Critical Insight

IT must lead the innovation capabilities that will drive the adoption of emerging technology across the enterprise. In an exponential world, IT needs to adopt business value targets and become a value creator rather limit itself to IT service targets and remain a cost center in the organization.

Impact and Result

Assess your innovation capability in five key areas supporting Exponential IT:

Organizational Excellence
Insights & Intelligence
Agile Ideation
Team Capabilities
Innovation Operations

Drive Innovation With an Exponential IT Mindset Research & Tools

1. Drive Innovation With an Exponential IT Mindset – Learn about the new era of exponential innovation and the capabilities needed to succeed.

This research walks you through how to assess your capabilities to lead enterprise innovation and drive Exponential IT.

2. Innovation Readiness Assessment – Assess your readiness to drive innovation and the adoption of emerging technology.

This tool will facilitate your readiness assessment.

Drive Innovation With an Exponential IT Mindset

Are you ready to drive the adoption of autonomous business capabilities?

A diagram that shows exponential IT

Analyst Perspective

IT must develop new capabilities to drive emerging tech adoption

Traditionally, CIOs have struggled to gain the trust of the executive leadership team and be recognized as business leaders rather than just technical leaders. In fact, based on a 2023 study by Info-Tech Research Group, only 36% of CIOs report directly to the CEO with most of the remainder reporting through either the CFO or COO.

Exponential IT requires that CIOs gain a seat at the table and build the capabilities necessary to not only lead the transformation of their business but also drive the innovation that will lead to enterprise adoption of emerging technologies. CIOs will be required to gain a detailed understanding of their business and in-depth knowledge of emerging technologies so that they can match business opportunities with technology capabilities, while managing risk and change.

This research will help CIOs identify the capabilities they need to transform the business, and better understand where they must mature their capabilities to drive Exponential IT.

Photo of Kim Osborne Rodriguez
Kim Osborne Rodriguez
Research Director, CIO Advisory
Info-Tech Research Group

Executive Summary

Your Challenge

To drive a rapid shift toward adopting emerging technology, CIOs need:

Highly specialized knowledge of emerging technology and trends
The ability to engage the business in co-creating value via emerging technology
The skills to manage complex enterprise risk
Strong governance processes which support enterprise change management

Common Obstacles

Exponential IT is dramatically shifting how IT engages the business. Many CIOs are unprepared.

Innovation is increasingly important for competitive advantage and business growth, narrowing the gap between large and small players.
Over 80% of CXOs believe their CIOs are currently unable to drive change within the business.[1]
40% of CXOs anticipate that IT must be able to transform the business to maintain relevance.[1]

Info-Tech's Approach

Is your IT team ready to drive the adoption of emerging technology? Assess your innovation capability in five key areas supporting Exponential IT:

Organizational Excellence
Insights & Intelligence
Agile Ideation
Team Capabilities
Innovation Operations

[1] Info-Tech CXO-CIO diagnostic benchmark data, 2022, n=76

Info-Tech Insight

IT must lead the innovation capabilities that will drive the adoption of emerging technology across the enterprise. In an exponential world, IT needs to adopt business value targets and become a value creator rather than limit itself to IT service targets and remain a cost center in the organization.

Drive innovation with an Exponential IT mindset

Your ability to capture enterprise value from autonomization relies on your innovation capabilities and potential. Is your IT team ready to drive the adoption of AI-driven business processes? Assess your innovation readiness in five key areas supporting Exponential IT.

A diagram that shows 5 key areas of exponential IT

About Info-Tech

Info-Tech Research Group is the world’s fastest-growing information technology research and advisory company, proudly serving over 30,000 IT professionals.

We produce unbiased and highly relevant research to help CIOs and IT leaders make strategic, timely, and well-informed decisions. We partner closely with IT teams to provide everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.

What Is a Blueprint?

A blueprint is designed to be a roadmap, containing a methodology and the tools and templates you need to solve your IT problems.

Each blueprint can be accompanied by a Guided Implementation that provides you access to our world-class analysts to help you get through the project.

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Authors

Jack Hakimian

Kim Osborne Rodriguez

Contributors

Jack Hakimian, Senior Vice President, Info-Tech
Michael Tweedie, Practice Lead, Info-Tech
Mark Tauschek, Vice President, Infrastructure & Operations Research, Info-Tech
Donna Bales, Principal Research Director, Info-Tech
Isabelle Hertanto, Principal Research Director, Info-Tech
Aaron Shum, Vice President, Security, Privacy, Risk & Compliance, Info-Tech
Reiaz Somji, Managing Director, Consulting, Info-Tech
Hans Eckman, Principal Research Director, Info-Tech
Irina Sedenko, Research Director, Data & Analytics, Info-Tech
Bill Macgowan, Director, Smart Building Digitization, Cisco
Sudip Ghosh, Group Manager, Office of the CIO, Star Entertainment Group
Tim Dunn, CIO, Department of Energy & Public Works (Queensland)
Samantha Rose, Contract Manager, Department of Energy & Public Works (Queensland)
Barry Weich, Chief Digital and Information Officer, Sime Darby Industrial

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Search Code: 102572
Last Revised: August 15, 2023

TAGS:

Exponential IT, exponential innovation, Exponential IT innovation, artificial intelligence, exponential IT risks, artificial intelligence innovation, emerging technology, enterprise innovation, IT innovation, AI

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