One of the main missions of the IT manager is to keep the Information Technology sector always 'on track'. That is, meeting the needs of the organization, but without consuming a large part of its financial resources. If he lets the department cars go off the rails, then the company risks not meeting demands and losing a lot of resources. And these two factors can put it out of the market.

And to have a great computing power and still save financial resources, IT leaders are having no choice but to implement new technologies, such as Cloud Computing and Big Data. According to a survey conducted by Grupo Nomura Holdings, CIOs are prioritizing security, Cloud Computing and Big Data Analytics in their budgets in 2016 and 2017.

Below, we'll talk more about this Nomura Group study, which provides important insight into cloud adoption from a CIO's perspective. Follow:

CIOs' Top 3 Priorities

To carry out the study, Grupo Nomura enlisted the participation of 50 CIOs who work in small and medium-sized companies headquartered in the US. And even though the reality of these CIOs does not reflect the IT priorities of the international market, they serve as a basis for possible questioning. Below, we list the top three priorities cited by them, in order of relevance:

1. Security

Of the 50 CIOs surveyed, 82% cited security as the top source of IT spending in 2016. That's because the IT industry needs to ensure the security and privacy of corporate data and systems. Managers will most likely invest in security solutions that help them control IT assets and manage their users, so that the business environment is completely free of cyber threats.

2. Cloud Computing

Cloud computing took second place on the priority list. According to the survey, 62% of CIOs will implement cloud-based technologies in order to benefit from its flexible and scalable power and its high level of reliability. With cloud computing, they will be able to improve organizational processes, but without putting extra strain on their IT budget.

3. Big Data Analytics

Big Data is another major concern for IT managers, as companies will increasingly depend on collecting and analyzing data to devise strategies and gain competitive advantages in the market. Of the total CIOs interviewed, 60% said they will increase their investments in Big Data collection, storage, processing and analysis structures in 2016 and 2017.

Other conclusions made from the study

The senior IT leaders surveyed predict that investments in physical infrastructure will drop from 67% to 42% by 2018, thanks to cloud computing. They also predict that, by 2017, 46% of their applications will be based on the SaaS model (Software as a Service), which will reduce expenses with software licenses and also investments in hardware needed to run them.

As for public, hybrid and private cloud consumption, they expect it to rise from 31% to 58% by 2018. But among the three cloud modalities, public cloud will achieve the fastest growth rate. CIOs also said they will spend less in 2016. Analysts recalled that this reduction is due to the size of the companies in which managers work, and also to the seasonality of their markets.

And your company's IT department, what is it prioritizing? Write your opinions, experiences or questions in the comments field below!

 

 

Written by

Sky.One Team

This content was produced by SkyOne's team of cloud and digital transformation experts.