Only 25% of CFOs see the CIO as a key player in determining the business strategy. Less than a quarter felt the IT department “delivers the technology innovation needed by the business,” survey finds. Survey: Only 18% said they thought “our IT service levels meet or exceed business expectations” Survey: 42% of IT organizations now report directly to CFO, “and that is expected to increase,” Gartner/FEI analyst says. CFO is more likely to invest in technologies where competitive advantage can be demonstrated, analysis and decision-making is assisted.”]
Source: https://www.csoonline.com/article/2128883/cfos-lack-faith-in-cios-and-it-teams–survey-shows.html