Published on December 20, 2023, 4:19 pm

Sadin on Digital is a series that delves into the rapidly evolving and high-stakes world of digital business. Hosted by Wayne Sadin, it explores what CXOs and boards need to do to effectively lead their companies in the Digital Age. In this episode, Wayne and Bob discuss Wayne’s list of chief information officer (CIO) priorities for 2024, covering topics such as the challenges posed by Excel, multi-cloud strategies, and the opportunities and hurdles associated with artificial intelligence (AI).

Wayne emphasizes the importance of adopting multi-cloud strategies instead of traditional server purchases, with the exception of edge computing. He suggests that CIOs should embrace a multi-cloud approach that suits the diverse landscape of software-as-a-service (SaaS) applications. It’s crucial to optimize cloud choices for different workloads while thoroughly evaluating vendors based on security, data protection, and governance standards.

The discussion then shifts to AI and cybersecurity. Wayne highlights the perpetual arms race in cybersecurity and how AI, especially large language models, has sparked a significant shift in enabling adversaries to deploy more sophisticated attack vectors. He calls for increased cybersecurity budgets and predicts that defensive AI implementations could tilt the balance in favor of defenders by 2024 or 2025.

Wayne also introduces the “four Ps” methodology (prioritize, patch, polish, perfect) as a framework for CIOs to effectively manage daily challenges while envisioning future improvements. CIOs need to strike a balance between addressing tactical problems and having a strategic vision. A successful CIO must be able to navigate both aspects by efficiently resolving immediate issues and articulating a compelling vision for stakeholders.

In summary:

– Multi-cloud strategies: CIOs should move away from traditional server purchases except for edge computing and embrace a multi-cloud approach tailored to different workloads.
– AI and cybersecurity: The rise of AI, particularly large language models, poses challenges in cybersecurity but also creates opportunities for defensive AI implementations.
– Tactical vs. strategic CIO: CIOs need to effectively address immediate challenges while envisioning future improvements, striking a balance between tactical problem-solving and strategic vision.

Wayne concludes by advising CIOs against investing in servers unless they are specifically for edge computing. To stay ahead in 2024, it is crucial for CIOs to make informed decisions that align with the evolving digital landscape.

Listen to the audio version of this episode [INSERT AUDIO LINK].

To explore more insights from the CIO and CTO perspective, connect with Wayne on LinkedIn or visit his Analyst page [INSERT LINKS].


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Read the original article “Spotlighting CIO Priorities for 2024 | Sadin on Digital” on Acceleration Economy [INSERT LINK].


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