Inside Magazine - Issue 6
CIOs - October 2014
This 6th edition of Inside takes a look at the challenges facing Chief Information Officers, by highlighting some hot topics, exploring them in detail and providing you with our analysis.
We have gathered a large number of articles written by experts, with some of them developing ideas raised in last year’s CIO edition, and some investigating entirely new avenues. In the 2013 editorial, we encouraged CIOs to position themselves as Chief Innovation Officers. This golden rule remains very topical and can actually be applied beyond the sphere of IT.
Today, as a country, Luxembourg perfectly embodies the challenges CIOs are facing and the government is showing a strong commitment to drive the country toward the age of Post-ICT Infrastructure, leading the way in the adoption of e-services and encouraging innovative companies to put down roots in the Grand Duchy.
As we are all aware, the digital revolution is well underway. Economics and information technologies are inextricably linked. All organisations must adapt to this far-reaching digitisation if they want to survive. Therefore, companies lusting after positions as market leaders in a world undergoing reinvention have to reconsider the way they regard technology. IT can no longer be considered a pure cost centre, but a strategic area and a field of effectiveness, differentiation and innovation.
In this perspective, CIOs have a key role to play as they are best placed to “raise the enterprise’s digital competency” and tackle the technological, political, organisational and security challenges that come with digitisation. That is why the articles opening this edition address this digital dimension in its various forms (Cloud orchestration, Cyber threat intelligence, etc.).
In this context you will also find the results of our 2014 CIO survey, which confirms that cost cutting is behind us and digital is on top of the agenda. Nevertheless, the road to innovation remains long.
The majority of CIOs are still struggling to build the required capabilities for investing in emerging technologies, or to prioritise transforming their organisations from a cost to profit centre. The priority remains the delivery of business outcomes with regulatory issues being more important than ever.
The financial crisis has indeed highlighted the need for tougher rules, especially in the financial sector. And with more regulations comes the need for more data and increasing investments to meet the new legal requirements. In this edition, AXA’s CIO Olivier Vansteelandt shares his experience of leveraging a regulatory driven data infrastructure investment into an Enterprise Data Warehouse, which is now supporting the growth of all business lines.
These two main areas — digital and regulatory/data — must not overshadow other important aspects when considering the current challenges facing CIOs. In this issue you will therefore find the usual variety of topics to tackle: new business trends (Islamic finance), new technologies (3D printing, document collaboration, etc.) and HR challenges, all of which have to be carefully analysed in order to cover the rich complexity of the functions of today’s CIOs.
In this issue
- CIOs should raise companies to their full digital potential
- A Luxembourgish outlook on the Global 2014 Deloitte CIO survey
- Luxembourg as an ICT centre
The ‘Post-ICT-Infrastructure Age’: the foundation of Luxembourg’s future?
- Cloud adaptation and orchestration
Moving from the capacity cloud to the capability cloud
- Cyber Threat Intelligence
Move to an intelligence-driven cybersecurity model
- When Digital changes the way insurance works
- Sales force effectiveness in the insurance industry and the impact of the digital transition
- Chief Data Officer
Is this seat free?
- Bring top line growth and cost reduction to your businesses thanks to Solvency II
Challenges faced by the insurance industry
- The Single Supervisory Mechanism
- Regulatory reporting
Are you only seeing the tip of the iceberg?
- Will IT be one of the biggest hot topics for the private equity and real estate industry in the years to come?
- Mobile devices
A security perspective
- Challenges and trends in identity matching
- Additive manufacturing
The effects of 3D printing
- Continuous integration
End of the big bang integration era
- From social media to social activation in the EU
- Dematerialisation and document collaboration
- Islamic Finance
A technology perspective
- The automatic exchange of information era
Moving towards global tax transparency
- A leadership model and role description for the CIO 2.0