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INTEllIGENT COMPUTING | IT TRANSFORMATION
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Transition Pangs

IT Transformation Hinges Upon Eliminating Friction Between CIOs and
CFOs, Says Forbes Insights Report

espite the high priority enterprises have placed from collaborating more closely. The study’s data derives
on IT Transformation during the past few years, from a global survey of 500 CEOs, COOs, CIOs and
many of them still haven’t found the secret to CFOs conducted by Forbes Insights and Dell EMC. The
D gaining significant improvements in customer survey and a series of in-depth interviews with global IT
service and a clear competitive advantage from these and business executives also highlight other underlying
efforts. A new study helps explain why. Less than stellar frictions that thwart CIOs and CFOs from forming a united
IT Transformation results often center on problems that front to capitalize on the benefits of IT Transformation.
arise between two pivotal players—CIOs and CFOs—and But a select group of enterprises that succeed in
their struggle to work together as a cohesive team. IT Transformation offers hope for ensuring that IT
A new report by Forbes Insights, in association with infrastructure modernization strategies can overcome
Dell EMC, “IT Transformation: Success Hinges on CIO/ these barriers and deliver concrete business results. In
CFO Collaboration,” finds that a stunning 89% of senior fact, companies that succeed in IT Transformation report
executives acknowledge that significant barriers exist— the strongest competitive positions and high growth—with
ranging from outdated ideas about the role of CIOs to gains in both sales and profits of 7% or more in the past
obsolete reporting structures—that keep CIOs and CFOs year. This group demonstrates a direct correlation between

38 | January, 2018 www.dqindia.com A CyberMedia Publication |