IBM: Analytics, Cloud are Top CIO Priorities

A new global study of more than 3,000 chief information officers by IBM reveals that the top strategic technology investment over the next 5 years at outperforming midsize organizations is business analytics, with cloud computing emerging as the fastest growing technology area for CIOs. Today, 83% of midmarket CIOs surveyed identified analytics, the ability to extract actionable insights from "big data" as their top-priority investment area, while there was a 50% increase in the number of midsize organizations that plan to invest in cloud computing, compared to IBM's 2009 midmarket CIO study. In addition, this year, technological factors emerged among the top three concerns for CIOs, in addition to the market factors and macroeconomic factors that they cited in the 2009 survey. These three concerns are equally shared among CEOs at midsize companies surveyed earlier this year.

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