Business technology convergence changes the way IT thinks about ITDate: Dec 08, 2011
Many senior IT leaders these days are thinking about business technology convergence, but few can articulate how to do it as well as Faisal Hoque.
Hoque, CEO at Stamford, Conn.-based BTM Corp. and BTM Institute, was the keynote speaker at the first SearchCIO360 dinner event. He facilitated a discussion with a group of CIOs about changing the way businesses -- and IT leaders -- think about technology.
First, such terms as IT and alignment are dead, Hoque says in this CIO Innovators video interview before the dinner on Oct. 27, 2011. Information technology should be called business technology, he says, and alignment assumes that the business and the technology are separate entities, when in fact they are almost inextricably linked.
"Technology is the driver of the economy today," Hoque says. "So, one of the things we wanted to do was not highlight the technology, but what happens when you really apply a management approach to technology that enhances your sustainable growth."
"Technology is so integrated with business today and so much intertwined, you can't look at the value of technology from a sepa rate point of view. So, we look at it as, if you apply technology, did you grow the business as a result of it? Did you cut cost as a result of it or create some sort of efficiency?"
Hoque's new book, The Power of Convergence, discusses how to "link business strategies and technology decisions to create sustainable success." The key word here is sustainable. Businesses continuously transform themselves through technology that enables them to be more agile, more innovative and more efficient.
For more personal views from CIO innovators, look to the SearchCIO.com CIO Innovators page for profiles and videos; and watch for coming announcements about the next SearchCIO360 dinner events in your area.
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