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  • July 21, 2016

Businesses Need CIOs Today More Than Ever

—By Michael Hickins, Director of Strategic Communications at Oracle 

Back in what now might seem like the good old days for CIO job security, CIOs were held hostage by complex technologies they were responsible for running, or fixing, in-house. Perilous though the situation was, it at least seemed like they were in control of their own destinies, for better or worse. Today, however, slick cloud applications that any line-of-business owner can pay for with a credit card make many CIOs feel an existential threat to their existence that's greater than at any time since career is over first became a punch line. 

But according to François Lançon, Oracle's SVP for Asia-Pacific, the exact opposite is true. "It may not be fashionable to say so, but cloud computing has in many cases simply compounded existing problems without fulfilling its cost-cutting and innovation-driving promise," he writes in this provocative column. CIOs can do much more than just clean up this mess; by virtue of where they sit in the organization, they have the best purview for understanding how all of a company's pieces fit together, how technology can be used to change business practices, and how to create a strategy that delivers on the cloud's promise of innovation and cost-containment.

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