Digitalization has moved to center stage for CIOs in India, according to Gartner,Inc.’s 2015 CIO Agenda survey results. The 2015 CIO Agenda survey showed that issues experienced by CIOs are far from universal and real differences exist at both a regional and country level. “Eighty-two percent of CIOs in India agree that embracing an expanding array of digital opportunities brings with it a set of new, higher-level risks that 70 percent of respondents say the enterprise is ill-equipped to deal with. Eighty-five percent believe that they need to improve enterprise agility to deal with these risks,” said Partha Iyengar, Vice President, distinguished analyst and head of research Gartner India. “Indian IT budget growth is projected to increase, and 74 percent of CIOs expect an increase in their IT budget.”
“The need for CIOs in India to move from a ‘command and control’ management style to a mentoring and ‘visionary’ management style is clearly recognized as CIO cited the need to decrease command and control and increase visionary management styles,” said Heminder Ahluwalia, executive partner with Gartner Executive Programs. “The 2015 Gartner CIO Survey clearly shows that Indian enterprises continue to expand their focus on, and expectations from, IT. India has evolved from an IT environment that was about 18 months to two years behind global trends at the start of the decade, to one where most trends in India are in sync with global trends.”
The prior decades of IT underinvestment have left many enterprises unprepared for the explosion in expectations of IT from CEOs. CIOs in India will have to allocate a reasonable part of their budget growth to risk management initiatives, an area in which they have traditionally underinvested. The rapid rise of digital opportunities across industries brings with it an unprecedented increase in risk to the enterprise. Data sources, access and availability are more widespread in a digital world, and the ability to ensure adequate controls on this data and its use is rapidly slipping away from enterprises. Technology priorities to address digital opportunities in India are fairly consistent with CIO priorities globally, with the top five initiatives being the same in India as they are globally. However, within the top five, it is interesting to note that the focus on mobile (No. 2 in India) is rated significantly higher than it is globally (No. 5). This is likely a reflection of the unique demography in India, with over 50 percent of the over 1.3 billion population being under the age of 25, coupled with the availability of increasingly affordable smartphones. Indian enterprises need to cater to this very young customer (and employee) demographic by providing digital access on mobile devices as the device of choice.