\u201cModern CIOs are the \u2018mission control\u2019 for their organisations, their role has transformed drastically in just the span of the past 24 months,\u201d said Nigel Lee, General Manager of Lenovo Singapore. \u201cFrom navigating complex tech ecosystems to keep up with the speed of digital transformation, to upskilling employees and managing a global shortage of IT talent, today\u2019s CIO is responsible for the entire technology value chain and beyond. Lenovo\u2019s research demonstrates CIOs are up for the challenge. And they are looking to partner with their vendors to bring their organisations along and succeed.\u201d<\/em><\/p>\n

Research firm International Data Corp. estimates that by 2023, 60% of CIOs at companies world-wide will be primarily measured for their ability to cocreate new business models and revenue streams, chiefly through enterprise-wide collaboration (2)<\/span>. Yet Lenovo\u2019s own research shows that it may be an uphill battle for CIOs, who have identified areas such as data privacy\/security, cybersecurity\/ransomware and managing a fragmented IT vendor ecosystem as their most challenging concerns.<\/p>\n

\u201cIn this complex technological environment, CIOs want to innovate, not manage IT. As Lenovo\u2019s research highlights, CIOs look to their technology vendors beyond just delivering the basics well \u2013 namely, increase organisational agility, simplify configuration, and optimise costs. IT leaders also need counsel and guidance on how emerging technology can enhance their business goals. The opportunities for technology to add real business value \u2013 right across the enterprise \u2013 are immense,\u201d added Mr. Lee.<\/em><\/p>\n

The modern business world today and beyond is going digital and online, the digital transformation journey can be increasingly complex and challenging for some businesses. Therefore, businesses need simple and flexible IT solutions<\/strong><\/span> to manage this increasingly complex IT journey. Lenovo has the solutions for business organisations<\/strong><\/span>, providing them the breadth of Everything-as-a-Service offerings in Lenovo TruScale;<\/strong><\/span> the flexibility to pay for the infrastructure solutions they need, as long as they need; and the depth in our expertise and services that empower CIOs to focus more on their strategic imperatives. Businesses of all sizes need the flexibility to stay competitive, and a scalable, cloud-like solution model is the answer.<\/p>\n

Industry forecasts by Technology Business Research indicate that Device Subscription Services are growing at a CAGR of 26% from 2020 to 2024 and data centre subscription services are growing at 42% during the same period (3).\u00a0<\/span>As-a-Service solutions provide mission-critical support and services, enabling businesses to use technology to scale quickly, lower costs, and reap greater efficiencies. With its flexible and simple offerings, Lenovo has helped organisations from the education to aerospace sectors optimise the right technology with the potential to transform and future-proof their operations.<\/p>\n