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IT - CxO

9 Top CIO Trends And Priorities For 2022
SearchCIO, June 15th, 2022
CIOs face a tough challenge in 2022 as they balance the need for technology investment and growth amid a growing call for fiscal prudence in uncertain economic conditions.

Enterprises worldwide are making massive changes to their business operations and in how they provision new services and customers as they continue to adapt to the fallout from the COVID-19 pandemic.

Meanwhile, recent market shifts are sharpening companies' focus on the bottom line and on delivering practical value rather than just growing the customer base.

As a result, CIOs find themselves having to balance two sometimes competing needs in 2022: supporting new services to gain a competitive advantage and cutting costs.

Fewer Observe Misconduct Since the Pandemic and a Lower Proportion Report it

The rate of compliance reporting has dropped by 30% from before the pandemic, according to Gartner, Inc. Employees are both less likely to observe misconduct and less likely to report it when observed.

'The increase in remote and hybrid working practices has reduced the amount of misconduct and the potential to observe it,' said Chris Audet, senior director, research in the Gartner Legal, Risk & Compliance practice. 'However, what we see in the data is more complex: misconduct such as gifts and entertainment, and travel abuse is falling, but things such as intimidation and unwanted behavior are on the rise.'

Discover how a focus on three areas -- cybersecurity, employee experience and proactive management -- can help CIOs plan for and better manage disruptions.

Few CIOs today can escape disruption completely but focusing on critical issues can help them better manage it.

That was one of the takeaways shared during the "Planning for the Unknown Unknowns" panel at the MIT Sloan CIO Symposium in Cambridge, Mass., on May 23. The panelists saw opportunities for innovation at almost every level in their organizations. Their reflections may provide insight other IT leaders can use to build a resilient framework and support rapid and unexpected changes.

Here are three ideas CIOs can use for better disruption planning.

There's no point digitising if there is no benefit to the customer, says the Danish chemicals giant's head of IT

After successfully creating commercial value through digitisation at some major Nordic companies, Morten Holm Christiansen has been tasked with doing the same at Danish chemical industry giant Halder Topsoe.

Having joined the company in November 2021, Christiansen is directing Copenhagen-headquartered Topsoe's digital transformation at a time when the company is also going through a major business change.

For more than 80 years, Topsoe has provided the energy industry with the catalyst technology used to refine fossil fuels. This includes providing catalyst technology, the substances that make chemical processes work much faster during refining, and designing the processing facilities.

While CISOs may feel more confident in their security posture emerging from the pandemic, new research suggests that doesn't mean organizations are better prepared for large-scale attacks.

Cybercrime reached heightened levels of intensity and sophistication in the past year. We saw greater complexity in ransomware, supply chain, and critical infrastructure attacks. Despite the threat escalation, CISOs feel more confident in their security posture. But does that feeling of confidence actually translate into organizations being better prepared for large-scale attacks? New research suggests that is not the case.

Opening up enterprise automation processes to business users and other stakeholders can be achieved through a careful identification of key players within an enterprise.

CIOs continue to place a high priority on digital transformation projects - the latest research from the State of the CIO 2022 survey suggests that leading digital business and transformation initiatives are among the top three priorities for CIOs. At the same time, enabling remote capabilities has increased in importance. These operational and transformation projects place more work in the hands of the IT department, which is still dealing with a labor shortage in the post-pandemic 'Great Resignation' era, along with the need to continually monitor and upgrade data security infrastructure.

Cybersecurity has become a major topic of discussion in the business world. The rising frequency of cyberattacks-combined with several high-profile breaches in the past few years-has put the spotlight on the impact a successful attack can have.

Despite growing awareness, many businesses still don't have basic cybersecurity policies in place, putting them at greater risk of a data breach or other kind of successful attack.

These are some of the most critical considerations for enterprise network security. Considering these tips when developing a business security policy can help managers and leaders build strong cyber defenses.

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