Country for PR: United States
Contributor: PR Newswire New York
Tuesday, April 05 2022 - 10:35
AsiaNet
New CIO Priorities Report Reveals Strategies for ANZ Organisations to Compete in the Digital Economy
TORONTO, April 5, 2022 /PRNewswire-AsiaNet/ --

Info-Tech Research Group ( 
https://c212.net/c/link/?t=0&l=en&o=3493678-1&h=3601830395&u=https%3A%2F%2Fwww.infotech.com%2F%3Futm_source%3Dpressrelease%26utm_medium%3Dreferral%26utm_campaign%3DITRG2022CIOPriorities&a=Info-Tech+Research+Group 
), one of the top information technology and research advisory firms globally, 
has published its annual CIO Priorities for the coming year. The CIO Priorities 
2022 ( 
https://c212.net/c/link/?t=0&l=en&o=3493678-1&h=74012427&u=https%3A%2F%2Fwww.infotech.com%2Fresearch%2Fss%2Fcio-priorities-2022%3Futm_source%3Dpressrelease%26utm_medium%3Dreferral%26utm_campaign%3DITRG2022CIOPriorities&a=CIO+Priorities+2022 
) report combines insights from the recently released 2022 Tech Trends Report ( 
https://c212.net/c/link/?t=0&l=en&o=3493678-1&h=4248639988&u=https%3A%2F%2Fwww.infotech.com%2Fresearch%2Fss%2F2022-tech-trends%3Futm_source%3Dpressrelease%26utm_medium%3Dreferral%26utm_campaign%3DITRG2022CIOPriorities&a=2022+Tech+Trends+Report 
) to help CIOs better compete in the digital economy and support their 
organisations through change.

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Info-Tech's annual CIO priorities come from proprietary, primary data and 
consultation with internal experts with CIO experience, as well as Info-Tech 
members, including those in Australia and New Zealand. The priorities for 2022 
are also informed by insights collected from related industry reports that 
Info-Tech releases throughout the year.

'In the CIO Priorities 2022 report, we're looking at how to set priorities to 
compete in the digital economy and support the organisation through a dynamic 
period of change,' explains Brian Jackson ( 
https://c212.net/c/link/?t=0&l=en&o=3493678-1&h=2683842172&u=https%3A%2F%2Fwww.infotech.com%2Fprofiles%2Fbrian-jackson%3Futm_source%3Dpressrelease%26utm_medium%3Dreferral%26utm_campaign%3DITRG2022CIOPriorities&a=Brian+Jackson 
), Research Director and lead analyst for the report. 'This report will help 
CIOs understand how to balance everything that's on their plate and become 
inspired with case studies that show once you make the commitment, successful 
outcomes are possible.'

A priority is created when external factors hold strong synergy with internal 
goals, and an organisation responds by committing resources to either avert 
risk or seize the opportunity.

'CIOs bear a greater burden than ever after the pandemic,' adds Jackson. 
'They've facilitated new remote work scenarios and now must adapt to a hybrid 
operating model. Talent is at an all-time premium, so staff retention is 
crucial, and there's more pressure to automate more tasks. At the same time, 
CIOs face a severe cybersecurity threat in ransomware and new compliance 
pressures from investors and governments.' 

Five Priorities from Info-Tech's 2022 CIO Priorities Report 
'The 2022 CIO priorities certainly resonated with what our members were telling 
us locally,' says Mike Schembri ( 
https://c212.net/c/link/?t=0&l=en&o=3493678-1&h=936272832&u=https%3A%2F%2Fwww.infotech.com%2Fprofiles%2Fmike-schembri%3Futm_source%3Dpressrelease%26utm_medium%3Dreferral%26utm_campaign%3DITRG2022CIOPriorities&a=Mike+Schembri 
), Info-Tech's Senior Executive Advisor for the Australia and New Zealand (ANZ) 
region.

The following top five priorities should be top of mind for CIOs and tech 
leaders in Australia and New Zealand:

    1. Reduce Friction in the Hybrid Operating Model. Lockdowns and the 
       societal move to working from home as the 'new normal' changed 
       people's work expectations. What was initially a business continuity 
       (BCP) response to a global crisis is now seen as best practice for 
       employers and service providers alike. For example, according to 
       Australian Prime Minister Scott Morrison, the proportion of GP's medical 
       appointments via Tele-Health peaked at 36% (from a base of zero) in 
       May 2020 and remains a significant proportion of all appointments. 
       In 2022 and beyond, CIOs will need to work through new pain points 
       related to the friction of collaboration.

    2. Improve Your Ransomware Readiness. Like the rest of the world, 
       ransomware has been front of mind for ANZ IT leaders and business 
       leaders alike. Globalisation in cyber threats continues with a number 
       of high-profile attacks against local institutions, such as the May 2021 
       ransomware attack on the Waikato District Health Board that brought down 
       all IT Systems and phone lines. In addition, the attacks against core 
       service providers like Kaseya impacted many local ANZ customers. There 
       is also an ever-increasing interest from boards requesting information 
       and assurance from IT executives as to their organisations' security 
       posture and readiness. Going forward, organisations should look beyond 
       multilayer prevention strategies and lean toward quick detection and 
       response, spending evenly across prevention, detection, and response 
       solutions.

    3. Support an Employee-Centric Retention Strategy. As net importers of 
       skilled labour, the ANZ region was disproportionately impacted by what 
       came to be known colloquially as The Great Resignation. The IT sectors 
       in both countries had been significant users of skilled migration visas 
       to fulfill resourcing needs. With borders closed, this avenue for 
       resource augmentation closed. The NZ Government sector was further 
       impacted by the Government's policy decision to freeze employees' pay 
       above $100K until 2024. IT leaders will need to find ways to create 
       enough capacity to allow workers time to spend on development.

    4. Design an Automation Platform. Build it or buy it, platform integration 
       can yield great benefits. Digital transformation accelerated during the 
       pandemic, and most organisations became more digitalized as formerly 
       manual processes became automated through software. But how they pursue 
       it will depend on their IT maturity.

    5. Prepare to Report on New Environmental, Social, and Governance (ESG) 
       Metrics. CIOs need to become experts in ESG disclosure requirements and 
       recommend to the business the steps needed to meet or exceed 
       competitors' efforts. As of this writing, the Australian Federal 
       Government has not yet called the election, but Australia will have 
       to go to the polls federally by the 21st of May, 2022. The expectation 
       is that governments will need to deliver more rigorous ESG policy 
       frameworks in response to the will of the public and shareholder 
       activism. CIOs should become experts in ESG disclosure requirements 
       and recommend the steps needed to meet or exceed competitors' efforts. 
       It's unclear what policies will be proposed by major parties, but 
       public sentiment may now be outrunning the party policy frameworks. 
       Local industry initiatives and shareholder activism are often 
       outrunning government regulation. Several local examples include:

      -- Mike Cannon Brookes (Atlassian co-founder) and venture capital's 
         attempted takeover of Australian Gas Light Co (AGL), a major 
         Australian energy producer, with the intent to 'decarbonize' the 
         organisation by 2025. Other providers have also announced their plans 
         to close coal-fired power stations without government incentives.
      -- Rio Tinto's chairman's resignation over the destruction of an 
         aboriginal sacred site at Juukan Gorge resulted from shareholder 
         backlash rather than government penalties.

In addition to the outlining of priorities for CIOs, Info-Tech's CIO Priorities 
2022 report also includes insights in the form of exclusive podcast audio, 
quotes, and case studies from experts at Harvard Business School, Cross Country 
Mortgage, Allianz Technology, and CVS Health, to name a few, to help technology 
leaders understand how they too can navigate the shifting trends and 
requirements within the industry.

For each of the five priorities for the coming months, the report examines how 
CIOs are responding by referencing survey data and panel interviews.

The comprehensive report is now available. To learn more about each of the 
priorities, download and read the full CIO Priorities 2022 Report today ( 
https://c212.net/c/link/?t=0&l=en&o=3493678-1&h=1194351628&u=https%3A%2F%2Fwww.infotech.com%2Fresearch%2Fss%2Fcio-priorities-2022%3Futm_source%3Dpressrelease%26utm_medium%3Dreferral%26utm_campaign%3DITRG2022CIOPriorities&a=download+and+read+the+full+CIO+Priorities+2022+Report+today 
).

To learn more about Info-Tech Research Group and to download all the latest 
research, visit www.infotech.com and connect via LinkedIn ( 
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), Twitter ( 
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), and Facebook ( 
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).

Media professionals are encouraged to register for Info-Tech's Media Insiders 
program for more research and insights. This program provides unrestricted, 
on-demand access to IT, HR, and software industry content and subject matter 
experts from a group of more than 200 research analysts. To apply for access, 
contact pr@infotech.com.

About Info-Tech Research Group
Info-Tech Research Group ( 
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) is the world's fastest-growing information technology research and advisory 
company, proudly serving over 30,000 IT professionals. The company produces 
unbiased and highly relevant research to help CIOs and IT leaders make 
strategic, timely, and well-informed decisions. Info-Tech partners closely with 
IT teams to provide everything they need, from actionable tools to analyst 
guidance, ensuring they deliver measurable results for their organisations.

Media Contact: Sufyan Al-Hassan, Senior PR Coordinator, Info-Tech Research 
Group, salhassan@infotech.com | +1 (888) 670-8889 x2418

SOURCE  Info-Tech Research Group