“On top of the new technological responsibilities requiring CIOs to be more innovative, Peter Bendor-Samuel, CEO of Everest Group believes the CIO is increasingly being tasked with a more tactical mandate, for example, as well as cutting costs and increasing compliance and security. This will lead to power shifting from the CIO, at the centre of technological control, outwards, encompassing other leaders too: “Over time we could see islands of automation spring up that need central coordination. That’s what happened in the distributed computing wave and resulted in CIOs re-establishing influence. Without competent CIO involvement, companies run a greater risk of running afoul of compliance issues and being exposed to security risks.” Read More.