Intelligent CIO LATAM Issue 17 | Page 40

FEATURE : 2023 CIOS ’ PRIORITY
With the growing digitalization of consumers causing CIOs to change their priorities , they are expected to take over new areas of responsibility that are business critical . Natalia Vega , Country Manager of IDC Chile and Peru , said : “ The role of the CIO is crucial in helping companies grow and develop , and the CIO and his team are required more than ever to be cohesive with other areas of the business .”

The role of the Chief Information Officer ( CIO ) is changing as technology becomes more intertwined with business objectives , while companies have to be prepared to quickly adapt to unpredictable conditions and market changes .

The pandemic has undoubtedly accelerated Digital Transformation , which is why IDC expects that 42 % of Latin American companies will receive 25 % of their income from digital products , services and experiences . And this is how the growing digitalization of consumers is causing both executives and CIOs to change their priorities .
The role of the CIO has evolved over the decades , with a tendency to focus on technology management , operational reliability and efficiency , and the security of systems and data . While CIOs are still expected to fulfill all these roles , some new areas of responsibility have been added that have become business critical .
These include : security , innovation , privacy and ethics , data intelligence , Digital Transformation , sustainability , Business Continuity and resilience . CIOs will need

IDC experts explain how the role of the CIO is set to change

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