Bangalore: The role of the CIO is set to change in the coming years, thanks to the money making ability of certain IT initiatives. The middle of this decade will see the CIO transform into a money maker for the business, reveals Ken McGee, Vice President and Researcher, Gartner.
The researcher enlists six styles of the money making CIO that will emerge in the years to come:
1. The entrepreneurial CIO: In this model, the CIO, apart from the traditional functions of overseeing IT planning, design, implementation and operations, will also be responsible for sales. For instance, any intellectual property developed by the staff for internal purposes but has the potential to generate revenue will need the CIO to actively promote the sales.
2. The cost optimization CIO: The people in this group would be required to continuously reach or surpass the quarterly earnings’ targets that their companies would have set. They have to do this by continued use of superlative IT procurement, operations and decommissioning methods.