Even to this day, pundits pine for IT-business "alignment," as if technology is some separate entity to be joined with business functions as part of a therapy intervention. InformationWeek has always taken a different view: IT is fundamentally inseparable from "the business," and in fact is the business, with the same end goal of boosting profits, delighting customers and maximizing shareholder value. Featured on our Oct. 28, 1996, cover was GE CIO Gary Reiner, one of the five execs at the company who reported to chairman and CEO Jack Welch -- no slouch when it came to demanding results. Backing up our thesis was a study by MIT prof Erik Brynjolfsson, which found that customer-oriented strategies of our InformationWeek 500 companies at the time were "associated with the profitable use of IT. ... Other companies stressed control and reporting from IT, and they were not as profitable."
The Business of Going DigitalDigital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.
InformationWeek Tech Digest, Nov. 10, 2014Just 30% of respondents to our new survey say their companies are very or extremely effective at identifying critical data and analyzing it to make decisions, down from 42% in 2013. What gives?