New research suggests that CIOs share a vision for successful information management (IM) in order to obtain value from information, competitive differentiation and market advantage. Accenture released details of a survey of CIOs in which they reveal that their sights are set on adopting an enterprise-wide IM strategy within three years. But to reach the reality of this vision, many of the 162 CIOs surveyed still have significant ground to cover. The research revealed three themes:
Of those surveyed, 78 percent of CIOs say their analytics are currently at a basic or silo reporting level. This contrasts with 76.5 percent who are targeting enterprise-wide integration and 75 percent who want an IM strategy in place in three years. In addition, CIOs are addressing both structured and unstructured data; 75 percent expect their structured and unstructured data to be fully integrated within three years. The chief hurdles CIOs face in achieving their vision are funding and data quality. Technology is seen to be the lowest obstacle - only five respondents say it is their main obstacle. This is due to the maturity of the tools available.
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