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Nov 2015 - Industry Development and Models - Doc # US40544115

2016 IDC FutureScape CIO Agenda Prediction 3: Transforming Information into Business Differentiation

Authors: Suya Xiong, Serge Findling

Abstract

This IDC study explores the issues raised in IDC CIO Agenda FutureScape Prediction 3: "Data governance — by 2017, 80% of global CIOs will initiate a data transformation and governance framework to turn information into a competitive business differentiator." It presents a framework for facilitating strategic planning discussions about designing and deploying a data transformation and governance framework. It provides the important context for CIOs, chief data officers, and chief digital officers to prioritize and obtain guidance in leveraging and managing their fastest-growing asset: the information asset.

"IT organizations today need to recognize the importance of the value of data as an organizational asset," says Serge Findling, vice president of research with IDC's IT Executive Programs (IEP) and the CIO Agenda program. "As the digital transformation scales up, CIOs have the opportunity to leverage information to create a competitive business differentiator."

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