Innovation

Trace3 Survey gives visability into the CIO’s ability to leverage New Technologies

MAY 05, 2014

2 weeks ago Trace3 released the results of it’s Q1 CIO Survey.  Business Solutions Magazine and CIO Insight both ran stories on the Survey.  Below are links to those Stories.

CIOs Face Internal Hurdles in Innovation Efforts
By Dennis McCafferty , CIOinsight.com

While overall interest in tech innovation remains high within today’s organizations, CIOs are confronting formidable internal hurdles to move their companies forward, according to a recent survey from Trace3. In fact, while nearly one-half agree that the overall goal of IT is to provide a framework to support innovation and drive revenue, just 10 percent say their tech teams are kept “well updated” on initiatives and rollout schedules. It doesn’t help that a clear majority of tech leaders describe their companies as “reactive” or even “passive” on tech innovation, with many citing an overall lack of managerial support.
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Survey: Businesses Lack Ability To Leverage New Technologies
By Bernadette Wilson, associate editor, Business Solutions magazine

A recent survey reveals only 10 percent of CIOs say their teams are well informed of initiatives and roll out schedules and receive enough information to incorporate new technologies into their long-term objectives.
A Trace3 survey of global CIOs found 69 percent assess communication as only “good” or “fair” at their companies, and 21 percent say it is “poor.”  Common roadblocks to successful technology adoption are lack of management support (32 percent), difficulty engaging and training employees (35 percent), and an inability to customize systems to specific IT needs (28 percent). Of those surveyed, 52 percent say their company has no system in place to leverage employee insights and experiences.
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CIO's path to IT innovation

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