How CIOs in Africa are defining new business models for digital transformation

A recently conducted annual CIO survey by global research firm Gartner states that half of the organisations in Africa have changed or are in the process to change their business models owing to the maturing digital business.

The 2019 Gartner CIO Agenda Survey, which polled more than 3,000 CIOs in 89 countries and all major industries, says that CIOs will play an important role in changing the business models within their organisations. It was also found that 63% of CAPCIO respondents taking a lead role or are deeply involved in the decision to change their company’s business models.

According to the survey, IT has a crucial role to play in changing business models. Only 21% of CIOs in Africa are able to scale and harvest the results of digital business, compared to the 33% of organisations across the globe.

Tomas Nielsen, research director at Gartner, said: “For 90% of CIOs in Africa IT is very or extremely important to business model change. African CIOs are still catching up on their digital business efforts compared with their CIO peers globally. More than half of CIOs in Africa are showing an interest or at the designing stage, while the majority of the top global performers are scaling their digital initiatives, optimising them or seeking new opportunities.”

Last month MicroStrategy also noted the role of CDOs to be ‘pivotal’ in terms of helping democratising data and analytics across organisations. More than 57% of the 500 surveyed companies said that they had a CDO.

 

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