In an increasingly challenging economic environment, it’s essential that chief information officers (CIOs) take a thoughtful approach to investing capital. The 2023 Gartner CIO and Technology Executive Survey found that more than half of digital initiatives lag behind leadership expectations, with 59% reporting the initiatives take too long to complete and 52% reporting the initiatives take too long to realize value.
While uncertainty may instinctively lead CIOs to proceed cautiously, the reality is it should be a catalyst for growth and outcomes-based objectives that produce ROI, time to value, and competitive differentiation.