CIOs: Fear the worst

By | June 16, 2006

Corporate IT managers have about five years to prepare for a shock wave of technology change that will sweep across the global economy and drive unwitting chief information officers (CIOs) crazy. Any analyst can see that change is swiftly coming to technology segments from data centers to software to telecommunications, said John Gantz, chief research officer of IDC.

The early stages have already pushed some companies to change, from online stock trading at Charles Schwab & Co. and Merrill Lynch & Co. to discount airlines like Southwest Airlines Co. and Ireland´s Ryanair Ltd.

By 2011 or 2012, the trends will become more severe, forcing companies to adapt or disappear. “I hope you´re all really good adrenaline junkies,” Gantz told the crowd Thursday during a speech at IDC´s IT Forum & Expo, in Boston.Read Full Story

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