In an increasingly digital world the cloud era presents a wealth of opportunity to economies, enterprises and individuals around the globe. At an executive level, cloud is having a profound effect on the role of CIOs, whose corporate responsibilities are evolving as their companies fight to stay ahead of their competitors and maintain the pace of innovation. This issue will be addressed at this year’s sixth annual Cloud World Forum, where some of the industry’s most notable CIOs will headline as speakers.

In a report by the McKinsey Global Institute, Cloud is listed as one of 12 technologies with the potential to drive massive economic transformations and disruptions in the coming years[1]. As a huge driver of potential growth, CIOs have to hone new skills and learn how best to harness the power of Cloud.

“The up-and-coming role of chief digital officer (CDO) exemplifies the convergence between technology and business,” said Laurent Lachal, senior analyst at Ovum, in a recent report[2]. “Many CxOs, irrespective of their background, be it IT (CIO), marketing (CMO), or finance (CFO), can potentially fulfill it, with CDOs increasingly regarded as "CEOs in waiting". In this context, there is a tendency to describe the role as the object of a war between CIOs and other CxOs. Similarly, when it comes to the control of IT budgets, many like to pin CIOs against other CxOs, particularly CMOs. What digital enterprises need is not CxOs battling over roles, budgets, or strategies, but CxOs with both a business and an IT background coordinating their IT investments and strategies.”

As part of the conference agenda on day one, a panel discussion titled, “Redefining the role of the CIO in the era of the cloud,” will be held. Among the issues examined by the panel include what the CIO role means today if many of the decisions to use cloud/IT technologies are made by other departments, the rise of shadow IT and its impact on data centre operations and the impact that is needed on contracts and security governance to contain and liberate employees and partnerships, as well as control performance, compliance risks and cyber threats.

Georgios Kipouros, head of production, Cloud World Series, said, “Cloud offers huge potential, but like any transformative technology it also presents its challenges too. Aside from the technological implications it’s also drastically altering business operations and responsibilities at managerial level. Organisations have to move faster to keep up with the competitiveness that’s enabled by the cloud and not fall prey to more forward-thinking companies — and the role of the CIO is central to doing that. This is a hot topic in the industry and the Cloud World Forum presents the perfect platform for the industry’s leaders to gather and debate the issue.”

The Cloud World Forum conference and exhibition will take place on 17-18 June 2014, at the Olympia National Hall, London, UK. As EMEA’s largest Cloud event it boasts the industry’s most comprehensive agenda, with more than 240 speakers participating from 74 countries. The latest advances in Cloud and IT technologies will be unveiled and the show features the only agenda in the industry led by Cloud end-users including large and medium sized enterprises, public sector organisations, online players, regulators, telcos and analysts.

To view the full event programand register for Cloud World Forum, visit www.cloudwf.com.

 

[1] McKinsey Global Institute, May 2013: Disruptive technologies: Advances that will transform life, business, and the global economy
[2] 2014 Trends to Watch: Cloud Computing, February 2014: http://ovum.com/research/2014-trends-to-watch-cloud-computing/