Over the next few years, chief information officers (CIOs) in all industries will become architects of new business models. Those who navigate with skill and foresight will have the opportunity to guide their companies to new levels of success, while those who ignore important trends and insist on doing business as usual will see their companies fall into decline.
To illuminate the role of the CIO in 2025, Forbes Insights partnered with VMware to survey more than 650 CIOs from a range of sectors. Respondents were from organizations with annual revenue of $1 billion or more, with 16% from firms with $10 billion or more in revenue. Based on the survey findings, this report explores how the world for CIOs is rapidly changing and what their role will look like in 2025.
In five years’ time, CIOs will have new responsibilities in the C-suite and across the enterprise, extending their strategic influence over product development, marketing, human resources, the supply chain and more. They will be challenged to discover new ways of generating revenue and introduce new capabilities that create unparalleled efficiencies. To help CIOs navigate the rocky path ahead is a road map reflecting the critical capabilities CIOs will have to acquire in order to excel in 2025, based on a recent global Forbes survey of more than 650 enterprise CIOs across all sectors.