IDC released its CFO top ten predictions for 2013. The predictions were made in a webinar hosted by analyst Joseph Pucciarelli and titled, “IDC – 2013 Chief Financial Officer (CFO) Predictions: Emerging Issues Driven by the IT Financial Footprint.”
Here are the top ten predictions for 2013:
1. CFOs and CIOs will move to “zero capital” and transform the IT financial model.
2. By 2016, line of business (LOB) executives will be directly involved in 80 percent of new IT investments; radical changes in IT governance and financial management practices will quickly follow.
3. New IT platforms are exposing the organization to a new set of regulatory, security and contractual risks.
4. Capital funding is the primary internal mechanism to instantiate IT strategy, i.e. new funding oversight controls must emerge for services centric IT organizations.
5. The Zero Capital IT model will enable accurately assessing IT services costs, more accurately measuring LOB profitability, and prioritizing divisional opportunity.
6. Through 2018, asset-impairment concerns for existing capitalized 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 rationalize data center 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 management practices, polices and control regimens.
10. As business value shifts from asset ownership to intellectual property (IP) management of software, cloud, and social, Finance will be challenged to help business leaders quantify Contributed Value/ROI.
(For additional information contact: IDC, 508-872-8200, www.idc.com.)