IDC Perspective: The CIO Role in the Age of Digital Transformation
Today’s rapid digital evolution has resulted in the transformation of Mergers & Acquisitions. Traditionally, M&As focus on four core aspects: global expansion and increasing operations in foreign markets; expanding product offerings and acquiring new technology; retaining talent during the M&A process (a time often fraught with high employee churn); and preventing security breaches when both companies face high risks (since neither has visibility into the infrastructure of the other).
But increasingly, M&As are also part of a company’s innovation strategy, used as the catalyst for digital transformation within the enterprise. The CIO’s role in this is therefore more prominent than ever. This is the focus of this IDC Perspective report. As the report explains, in order to remain competitive in a global landscape, CIOs must establish team-based competency and a formal governance plan early on in the process.