This year, CTOs and CIOs of businesses both big and small should strive for four key objectives: increased efficiency, scalability for growth, cyber security, and cost optimization.
In relation to efficiency, CTOs and CIOs should be looking for leaner solutions that offer lower cost of ownership. This often means replacing legacy systems with more modern and flexible tools that better meet the organisation’s needs. Tools that provide no-code and low-code solutions can alleviate the financial burden of complicated software maintenance, and integrated development tools should be sought out so repairs can be made in-house.
Scalability for growth should also be a driving force. While extreme caution must be taken during uncertain times, investments into tech that allow for rapid adaptation and growth should still be considered. This ensures that businesses have the agility to pivot and expand in response to changing market conditions.
Cyber security has become increasingly important in recent years, with the surge of cyber-attacks seen in 2020. IT leaders must prioritize cyber security measures, adopting solutions that can be easily molded to meet the unique security needs of different sectors.
Lastly, cost optimization is paramount. It’s important to reduce IT costs wherever possible and outsourcing services can be worth considering in order to access labour at a lower cost. Also, ensure that software and contracts bring value to the organisation.
The Join top executive event in San Francisco this July is a great opportunity for tech executives to gain insight from their peers and deepen their knowledge on topics such as integrating and optimizing AI investments for success. Over two packed days, the event focuses on how AI is being used in the real world, offering attendees the chance to hear from and connect with team leaders who are discovering the full potential of AI in their organisations.
