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Strings of IT's purse change hands

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CIOL Bureau
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MUMBAI, INDIA: By 2014, you can lose control of 25 per cent of your IT spending. By 2015, private application stores will be deployed by 60 per cent of IT organisations. By 2017, your company's CMO (Chief Marketing Officer) could have a bigger say in IT spending than you.

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If you are a CIO by designation and DNA, this predictions could naturally baffle you. It's, however, time to wake up and smell the coffee as some trends will eventually make their way inside your cup and stir up a storm.

Today's times hint towards a new era of IT. The era needs CIOs to pay attention to three key things — simplicity, post-modern business and creative destruction as Peter Sondergard from Gartner highlighted in his keynote here.

Cloud, information and mobility will be the new set of drivers with so much impact that they will make systems of last twenty years obsolete.

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So, these are times when one should take care of both internal and external obsolescence; and make sure that CIO can connect to other business attributes and functional heads with his unique horizontal

approach and IT perspectives.

Peter Sondergard, senior VP at Gartner and global head of research, was sharing some outlook at Gartner Symposium here with about 700 CIOs and IT leaders attending the event.

Also shared were some India-specific trends. IT Spending in India is projected to total $79.8 billion in 2012, which is a 9.1 per cent increase from 2011 spending of $73.1billion. Despite global challenges, enterprises will continue to invest in IT.