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Joint cause: torchbearer CIOs are more aware of the need to form partnerships to exploit new technologies.
Source: Redefining Connections: Insights from the Global C-Suite Study – The CIO Perspective, IBM Institute of Business Value, 2016
Are you a CIO searching for ways to free up resources and drive innovation? If so, you’re in good company.
A recent C-suite study conducted by IBM found that 70 percent of the CIOs identified as “torchbearers”—that is, IT executives recognized for thought leadership in their respective industries—are seeking to tap into additional skills and resources to speed innovation and extend market reach. By creating an environment in which technology drives progress, these businesses can develop and deliver superior products to the market faster than the competition.
Sounds great, right? But how do you get there?
The paths to unlocking innovation
To drive innovation, CIOs might add physical infrastructure or hire new talent to help carry the load.
However, many torchbearer CIOs are now thinking beyond these traditional approaches. Rather than bringing in more people and onsite hardware, these leaders are instead deploying certain mission-critical and legacy applications into managed cloud environments, making use of the expertise of cloud specialists to accelerate time to market, boost scalability and reduce time spent on daily management tasks.
A story of innovation
Meet Jeremy Turner, the Chief Information Officer and Chief Administrative Officer of Epic Piping, a startup pipe fabrication company in Baton Rouge, Louisiana. With a highly experienced leadership team and a modern approach to fabrication that uses robotic cutting and welding equipment, Epic Piping projected that its business would exceed USD 500 million within its first five years of operation.
To support such a rapid growth rate, Turner and his team needed a new enterprise resource planning (ERP) solution that could scale to meet their requirements while allowing the company to remain focused on its core business. As a startup, Epic Piping also wanted to avoid the large upfront costs associated with rolling out a new ERP solution on fixed server hardware and hiring an IT team to run the system.
Turner, a torchbearer CIO, chose to deploy an ERP solution on an IBM Cloud Managed Services platform that provides the flexibility needed to scale its costs in line with its projected growth.
“The result is that I am not the CIO that worries about infrastructure, how many servers I have, and [whether they are] up and running,” Turner said. “We have clear service-level agreements, performance metrics, and pricing that matches the way we thought it should be delivered.”
To hear the full Epic Piping story and learn more about how a managed cloud solution can help you drive innovation, visit the IBM Cloud Managed Services website.