This article explains why CIOs are now shaping top-line growth — not just managing operations. A valuable read for leadership teams thinking about the future of IT and executive alignment.
Explore the insights and reach out to CloudCoCo if you're ready to evolve your tech leadership model.
According to a Deloitte survey, 65% of CIOs now report directly to CEOs, a significant increase from 41% a decade ago. This shift indicates that technology leadership is increasingly viewed as a key driver of business growth rather than just a technical support role.
The Deloitte survey found that 80% of technology leaders believe their roles have expanded to align more closely with business objectives. This expansion reflects a broader trend where CIOs are becoming integral to driving business strategy and results.
Perception of Tech Departments
The survey reveals a split perception of tech departments, with 52% of respondents viewing them as revenue generators and 48% considering them primarily as service centers. Notably, two-thirds of executives at large firms see tech as a revenue driver, compared to less than half at mid-sized organizations.
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