Global IT industry trends guiding CIO strategies, technology budgets

Global IT industry trends guiding CIO strategies, technology budgets

Global IT industry trends guiding CIO strategies, technology budgets

Date: Oct 03, 2012

Shouvik Bhattacharyya, CEO at global IT consulting firm Valtech, is a firm believer in the value of the CIO -- and he says that global IT trends are shifting technology investments in a way that emphasizes the CIO's value to the enterprise.

In this video Q&A, filmed at the MIT Sloan CIO Symposium in Cambridge, Mass., Bhattacharyya sits down with Executive Editor Christina Torode to discuss the global IT industry trends having the biggest effect on CIOs. Bhattacharyya also discusses how his firm is advising businesses to proceed in the digital media space and in cloud-based environments.

Read a partial transcript from Bhattacharyya's interview below, and watch the video, to learn more about the global IT trends you should be following.

What type of technology investment trends are you seeing in this global economy, and do you see the European situation having effects on investments in the U.S.?

Shouvik Bhattacharyya: In terms of technology buys, there are two sides that I look at with my customer base. A lot of the investment is internal transformations -- so all legacy technologies moving over, a lot of focus on cloud. That is what I call the lights-on internal aspect. The others are all revenue -- so a lot of investment in anything related to sales and marketing technologies, primarily marketing platforms. I see a lot of investment in content, whether it is retail or telecom, because they are trying to consolidate the content. Another aspect of this content is that you have to make it usable and more accessible to different types of devices; there is a lot of investment there. Then there is commerce: Especially if you look at [Asia], there are so many new products coming to the platform. So there are a lot of investments over there. And then, there is big data, especially the larger Fortune 500s. Those are the kinds of investments I see.

Is mobility playing a big role in investments today, and what are CIOs actually investing in when they are talking about mobile?

Bhattacharyya: You break that up into a few different parts. One is the user experience: How quickly can you provide them with a shopping experience with easy navigation? So, a lot of focus on focus groups and the usability aspect of it. Second is [the technology] decisions that the customer doesn't see as valuable but [are] very important. So one of the key aspects of it is actually performance. How do you build a scalable solution, so even if you are at a big game or a big conference, you know how to not impact the customers' experience negatively? No. 3 is more partnership in terms of what you have in social media and if it drives into the mobile device and then drives your buying behavior. So, those are things we see people spending a lot of money on in the mobile space.

More on IT spending and budgeting

  • canderson

    Shadow technology: Four ways to reduce its use, minimize its impact

    VIDEO - IT transformation expert Derek Lonsdale says there are four main things centralized IT must do to reduce the use of and minimize the impact of shadow IT.
  • canderson

    Is Scratch Wireless the next mobile disruptor?

    VIDEO - What does a next-gen cellular network look like? Meet Scratch Wireless, a Massachusetts startup looking to disrupt the mobile space by providing 'Wi-Fi First' smartphones that rely primarily on hotspots.
  • canderson

    Newest trends in IT shifting CIO concerns

    VIDEO - The newest trends in IT are shifting CIO concerns. Learn about the driving forces behind these shifts in this video interview with Shvetank Shah.
  • TCO (total cost of ownership)

    Definition - Total cost of ownership is a calculation to assess direct and indirect expenses and benefits related to the purchase of a product or infrastructure component.
  • What startups can teach CIOs about IT funding

    News - Getting the CEO and CFO to fork over funding for innovation IT projects is never easy. At the Fusion 2015 CEO-CIO Symposium, Gartner's Barbara Gomolski advised CIOs to look at how startups raise capital. Here are three tips.

    ( Mar 19, 2015 )

  • scenario

    Definition - Scenarios are potential events or combinations of events that could have an effect on a business -- typically a given scenario carries either risk or opportunity.
  • Government CIO launches IT shared services marketplace

    News - A shared technology services marketplace, like the one recently implemented by Oakland County, Mich., offers a variety of benefits to governments constrained by tight budgets, including more affordable prices for services and interesting opportunities to analyze data.

    ( Feb 27, 2015 )

  • 2015 outlook in information technology: Growth and more cloud services

    News - The 2015 outlook for information technology includes higher budgets and an emphasis on cloud, according to TechTarget's annual IT priorities survey.

    ( Jan 23, 2015 )

There are Comments. Add yours.

TIP: Want to include a code block in your comment? Use <pre> or <code> tags around the desired text. Ex: <code>insert code</code>

REGISTER or login:

Forgot Password?
By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy
Sort by: OldestNewest

Forgot Password?

No problem! Submit your e-mail address below. We'll send you an email containing your password.

Your password has been sent to: