Toronto, ON – November 17, 2016 – Canadian CIO’s are embracing the cloud with enthusiasm, but are less than impressed with the return on investment they are seeing on their Internet of Things and social media spending.
A new report produced by ITWC and sponsored by Cogeco Peer 1 also finds the CIOs are increasingly confident in their ability to sell ideas to the decision-makers in the executive suites and now consider innovation as one of their top five priorities.
The findings are based on a national survey of more than 187 IT leaders who completed a detailed survey probing business concerns and priorities, IT budgets and hiring plans. It is the third year ITWC has conducted the survey.
“IT tools and systems are changing rapidly. Companies are flattening their organizational structures. CIOs need to adapt,” says Jim Love, ITWC CIO and author of the report. “Our survey shows CIOs are doing more than adapting. They are leading, which is vital in an age when digital disruption by a competitor may only be one innovation away.”
Cogeco Peer 1 Vice President, Marketing, Bertrand Labelle said the research is vital for companies that need to understand how companies across all sectors are looking at the future.
“The better you understand what the CIO is thinking, the greater the opportunity to predict where a company is going and how you can partner with them to meet their needs.”
In addition to the Canadian census, ITWC has released a global companion study that looks at the role of the CIO globally, using comparative data from surveys in the US and the UK. Love says Canadian CIOs have a lot to be proud of, but likely have lessons to learn in the area of innovation from their UK counterparts.
The 2016 CanadianCIO Census is available for download. A copy of the global report will be sent to anyone who downloads the Canadian report.
About CanadianCIO and ITWC
CanadianCIO is Canada’s leading and authoritative voice on technologies that enables business, Computing Canada is the voice of the I.T. community, delving into best practices and the challenges technology professionals face on implementing, maintaining and achieving ROI on technology investments.
ITWC is a privately-owned digital media and content services company. Building on more than three decades of solid relationships with Canada’s technology decision-makers through award-winning excellence in journalism. ITWC, also known as IT World Canada, is the exclusive Canadian affiliate of International Data Group (IDG) which publishes more than 300 publications worldwide.
About Cogeco Peer 1
Cogeco Peer 1 is a wholly-owned subsidiary of Cogeco Communications Inc. (TSX:CCA) and is a global provider of essential business-to-business products and services, such as colocation, network connectivity, hosting, cloud and managed services that allow customers across Canada, Mexico, the United States and Western Europe to focus on their core business. With 17 data centres, extensive FastFiber Network® and more than 50 points of presence in North America and Europe combined, Cogeco Peer 1 is a trusted partner to businesses small, medium and large, providing the ability to access, move, manage and store mission-critical data worldwide, backed by superior customer support.
For more information or to arrange an interview with Jim Love, contact:
Steve Proctor
Vice President, Marketing and Communications
IT World Canada
416-290- 0240 Ext. 188
sproctor@itwc.ca