What does the “I” in CIO stand for? According to a recent Bloomberg article written by Yan Lida, president of the Enterprise Business Group at Huawei Technologies, it stands for more than information. With so many new technologies changing the game, the depth and scope of the CIOs role is rapidly being redefined.
Lida explains that the “I” in CIO should now stands for three things – Information, Innovation and Interconnect. “The new generation of CIOs will be champions of new information technologies, drivers of enterprise innovation and enablers of industry ecosystems,” he continues.
Telecoms expense management and the CIO
Describing modern CIOs as “leaders of new information technologies”, Lida believes that the CIO must be responsible for embracing digital opportunities and will be charged with facilitating the enterprise-wide adoption of the right tools to make innovative ideas a reality.
In the past, CIOs could probably get away with leading teams that are managing telecoms expenses via spreadsheets but business environments are more complex. CIOs have to deal with more service providers, more apps and a lack of people with the right skills. Especially when you consider that more and more of these tools are being outsourced.
With telecoms being one of the greatest expenses in an IT budget, having a system in place that keeps everything updated and brings all of the relevant information together is a must. This is where the innovation aspect of the new CIO comes in.
As technologies evolve, CIOs need to keep up-to-date with what their company needs to outdo the competition. From a telecoms expense and lifecycle management perspective, this innovation comes in the form of a platform that provides the business, and the CIO, with all the visibility and automation they need to get the job done in less time.
A partner you can trust
The right telecoms expense management provider will use the knowledge they have about cost efficiencies to help the CIO make the best decisions. They should be a strategic partner and will advise the CIO around trends they may not know about.
It’s about spending money to save money. CIOs need to view their telecoms expense management investments as a means to make their operations more efficient and employees more productive. By integrating systems and creating interconnections between different business applications, a good TEM solution will seamlessly automate processes, freeing up employees’ time and boosting productivity.
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