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1、C-suite Imperatives:Evolving IT andEnterprise InvestmentsCFOs and CIOs need to drive more valueout of existing IT investments and fund innovation 2024 RIMINI STREET GLOBAL SURVEY INSIGHTS2C-SUITE IMPERATIVES:EVOLVING IT AND ENTERPRISE INVESTMENTSSummaryThe modern business model is requiring the CFO

2、and CIO to join forces to steer their organization toward technology platforms that are agile,flexible and able to meet fast-changing business needs.While each role has their own responsibilities,their routes intertwine at multiple points,and both contribute to the success of the business rather tha

3、n existing separately.In early 2024,Rimini Street partnered with Censuswide Research for a survey of almost 3,000 CFOs and CIOs around the world.We focused on the relationship between these key business leaders,but also examined aspects such as emerging technologies,budget trends and IT services.Whi

4、le some findings validated conventional wisdoms,others proved to be surprising revelations.SUMMARYKEY FINDINGSTHE CFO/CIO PARTNERSHIP The CFO and CIO partnership is critical for business success,but it depends on collaboration,communication and alignment of business goals.CFOs are getting more invol

5、ved in IT decisions formerly the domain of CIOs.This means either CFOs recognize the importance of IT to the firms success or are frustrated by tech investment results or both.66%of CFOs say theyre responsible for underlying tech decisions to achieve business results.67%of CIOs say they are.86%of CF

6、Os and CIOs say their relationship has strengthened.85%of CFOs think CIOs must be more business savvy to improve communication.86%of CIOs believe CFOs must be more tech savvy.TECHNOLOGY DECISION DRIVERSThe stakes are high for technology investments,with tech expected to drive business results,supple