Intelligent CIO Middle East Issue 07 | Page 17

TRENDING T he findings indicate that three-quarters of CIOs believe that five years from now they will need to be able to launch new products, services and applications in half the time it takes them today. Forty-one percent say that extracting value from ever greater volumes of data is the top IT challenge facing the business, with 37% expecting this to still be the top challenge in 2019. Ranked second in 2016 is the need to accommodate business unpredictability and the associated demands for rapid scaling. By 2019 this is expected to be replaced by the challenge – and opportunity – of enabling real-time business operations. However, the study reveals that many CIOs are concerned that their company will struggle to overcome these challenges and