"According to the authors of The New CIO Leader: Setting the Agenda and Delivering Results, the chief information officer is at a crossroads, buffeted by two conflicting perspectives of IT. The first views IT primarily as a "chief technology mechanic," irrelevant to competitive advantage and far from the executive suite. The second perspective views IT as the heart of every business process, crucial to innovation, and a key driver to enterprise success. If the second perspective is your goal, then a new kind of CIO must lead. This person creates a vision of how IT builds organizational success, creates realistic expectations, goals, and governance procedures, and assembles a team that is less about allocating server space and more about working as a creative and influential team."
In the manufacturing industry, cloud computing can help leaders improve their production efficiency by providing them with real-time data about their operations. This has gained the attention of the C-suite. Total forecast Industrial Cloud platform revenue in manufacturing will surpass $300 billion by 2033 with a CAGR of 22.57 percent, driven by solution providers enhancing platform interoperability while expanding partner ecosystems for application development. ABI Research found the cloud computing manufacturing market will grow over the next decade due to the adoption of new architectural frameworks that enhance data extraction and interoperability for manufacturers looking to maximize utility from their data. Industrial Cloud Computing Market Development "Historically, manufacturers have built out their infrastructure to include expensive data housing in the form of on-premises servers. The large initial upfront cost of purchasing, setting up, and maintaining these servers is