Gartner predicts that by 2015, about a quarter of all companies will have created a new seat at the senior executive table\u2013the Chief Digital Officer. Gartner\u2019s prediction is based on the major transformation underway as companies are digitizing both their sources of revenue as well as their services.<\/p>\n
The research group said this is happening because \u201corganizations are digitizing segments of business, such as moving marketing spend from analog to digital, or digitizing the research and development budget.\u201d Also, Gartner says, organizations are digitizing how they service their clients, in order to drive higher client retention. Thirdly, it says, they are turning digitization into new revenue streams. As a result, of these changes, every budget is becoming an IT budget, and the Chief Digital Officer is becoming a logical addition to business leadership.<\/p>\n
via Why CIOs May Morph Into the Chief Digital Officer – The CIO Report – WSJ<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Gartner predicts that by 2015, about a quarter of all companies will have created a new seat at the senior executive table\u2013the Chief Digital Officer. Gartner\u2019s prediction is based on the major transformation underway as companies are digitizing both their sources of revenue as well as their services. The research group said this is happening … Continue reading Why CIOs May Morph Into the Chief Digital Officer – The CIO Report – WSJ<\/span>