This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Nearly Two In Three Companies Are Undergoing A Major IT Transformation, According To New Survey From Protiviti

MENLO PARK, Calif., March 12, 2014 /PRNewswire/ -- Nearly two out of three (63 percent) CIOs andinformation technology professionals report that there is a "major IT transformation" underway in their organizations, driven largely by broader efforts to deliver added value, enhance business performance and increase security, according to a new survey by global consulting firm Protiviti ( www.Protiviti.com). 

Nearly two out of three (63 percent) CIOs and information technology professionals report that there is a 'major IT transformation' underway in their organizations, driven largely by broader efforts to deliver added value, enhance business performance and increase security, according to a new survey by global consulting firm Protiviti  (www.protiviti.com/ITpriorities).

The 2014 IT Priorities Survey ( www.protiviti.com/ITpriorities) found that the roles of CIOs and business-minded technology leaders continue to adapt to a broader scope of responsibilities, and are shifting further from supportive functions and more toward an integrated aspect of overall business strategy and operations.

"More so than in prior years, IT departments are not only altering their structures, they are transforming their fundamental mission," said Kurt Underwood, a managing director with Protiviti and global leader of the firm's IT consulting practice. "The IT function's objective is evolving from simply responding to last year's technology requests to helping shape aspects of business strategy through execution with an integrated approach to operations that adds value and protects the enterprise."

More than 1,100 respondents, including CIOs, IT vice presidents, and IT directors provided responses about the key issues and capabilities they consider priorities this year. Based on the survey findings, the top five major areas that present the most pressing challenges for IT professionals are:

  1. Enhancing and protecting business value – aligning and integrating IT risk management and business continuity capabilities with broader, long-term business strategy
  2. Cybersecurity – managing and strengthening security and privacy for the organizations' systems and data is now a top priority across all industries
  3. Data classification – effectively organizing, managing, and securing growing amounts of data within the organization
  4. IT asset and data management – improving data and information governance programs, driven by the growing use of mobile devices and applications and the continued integration of cloud computing into IT strategy and processes
  5. Mobile platforms and social media – incorporating secure, integrated systems for mobile commerce, devices, etc. and addressing social media safeguards and strategy within the organization

An In-depth Look at Key IT Challenges and PrioritiesProtiviti's 2014 IT Priorities Survey assessed the importance of a variety of areas across 10 different technology-related categories. 

When asked to rate specific areas that are considered priorities on a scale of one (lowest) to 10 (highest), respondents consistently ranked topics linked to cybersecurity and managing data privacy as "significant priorities" (greater than 6.0) across several different categories. In the Managing Security and Privacy category, both "developing and maintaining security and privacy standards" and "monitoring security events" ranked highly with a 6.4 rating. Numerous aspects of "incident response" also ranked highly with a 6.3 rating and "managing and classifying enterprise data" was deemed to be a "significant priority" as well with a 6.2 rating.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,658.99 -221.37 -1.31%
S&P 500 1,940.50 -29.57 -1.50%
NASDAQ 4,386.6150 -76.2870 -1.71%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs