In 2013, Chief Financial Officers and Chief Information Officers will move to “zero capital” and transform the IT financial model, says IDC which has released its top 10 predictions for CFOs.
The Top 10 Predictions are:
1. CFOs and CIOs will move to “zero capital” and transform the IT financial model.
2. By 2016, Line of Business execs will be directly involved in 80% of new IT investments; radical changes in IT governance and financial management practices will quickly follow.
3. New IT platforms are exposing the organisation to a new set of regulatory, security and contractual risks.
4. Capital funding is the primary internal mechanism to instantiate IT strategy; new funding oversight controls must emerge for services-centric IT organizations.
5. The Zero Capital IT model will enable accurately assess-ing IT (services) costs, (more) accurately measuring LOB profitability, and prioritizing divisional opportunity.
6. Through 2018, asset-impairment concerns for existing capitalised IT facilities and gear will emerge as a major factor in IT cloud services adoption strategies.
7. As IT cloud services mature, increasing numbers of mid-size and large enterprises will seek IT facilities outsourcing contracts to rationalise datacentre assets.
8. Finance will rise to the big data/analytics challenge and assume a leadership role in vetting the new data assets driving business decision-making processes.
9. The escalating proliferation of smart phones and tablets will require new asset and expense mgmt practices, polices and control regimens.
10. As business value shifts from asset ownership to “IP” (software, cloud & social), Finance will be challenged to help business leaders quantify Contributed Value/ROI.