CHIEF INFORMATION OFFICER (CIO) IS THE CHIEF INNOVATION OFFICER (CINO)? The CIO is at the epicenter of digital transformation and has the power to revolutionize business with technology. This makes the CIO the organization’s chief innovation officer. CIOs want to accelerate their use of cloud, analytics and AI technologies to transform their organizations. The most innovative and successful CIOs are finding ways to empower their workforces, identifying growth markets both within and outside their industries. The best-performing CIOs are creating more powerful interactions with customers to improve satisfaction and loyalty. A leading group of companies known as “torchbearers” comprise four percent of all companies according to the IBM Global C-suite Study that surveyed 1,805 CIOs. These torchbearers have strong reputations as innovators, combined with excellent financial performance. More than 70 percent of CIOs in these torchbearer companies focus on the strategic implications...
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