Forrester founder and CEO George Colony touted the shift from IT to business technology and urged CIOs to get closer to their marketing colleagues in the age of the customer.
Speaking at Forrester's CIO Forum in London and in an in-depth discussion afterwards with CIO and Christine Overby, Forrester vice-president and practice leader of digital and marketing leadership, chairman Colony said that "the only way forward is for the CMO and CIO to be highly co-operative".
"In many decades of experience I've noticed companies are not able to build customer-influencing, or customer-winning technology without that very close collaboration between the CIO and CMO," he said.
"I think there's perhaps about 10% of companies that do this well, and that figure is trending upwards because the pressure is now high on those roles to connect.
"Some industries are well ahead of others, retail and media being the leaders, with the least astute being food, transportation and manufacturing - but there is also very high variation in these sectors."
Colony cited the poor perception the IT function has in the eyes of other parts of the business, with Forrester research showing that 32% of marketing executives actually holding the view that the CIO was hindering business success.
Therefore, he said, IT needed to change in order to stay relevant.
"IT was blue collar technology," he said. "Business technology is more white collar. CIOs must move away from IT - from the fixing role of putting the fires out - and focus on the customer."
Overby noted how in some sectors where technology and analytics were pervasive IT had even infiltrated marketing. "The CMO of Capital One actually has an IT background," she said.
Colony said that because those who get the technology and employees who truly understand the customer are so rare, it's unlikely that roles with the dual skill sets will prevail and instead collaboration between business units should be the focus.
"Let's imagine you vaporise business technology and the CIO," Colony said. "Marketing will inevitably mess up the technology.
"But vice-versa, if you were to give marketing to the IT groups then they would mess up the customer side. They need to work together on this because there are different areas of expertise required, but IT as it's currently constituted will not be able to do this well.
"And I think it's very possible that future CIOs could even come from a marketing background."
Enterprisetalk
Mark
CMO's top 10 martech stories for the week - 9 June
Great e-commerce article!
Vadim Frost
CMO’s State of CX Leadership 2022 report finds the CX striving to align to business outcomes
Are you searching something related to Lottery and Lottery App then Agnito Technologies can be a help for you Agnito comes out as a true ...
jackson13
The Lottery Office CEO details journey into next-gen cross-channel campaign orchestration
Thorough testing and quality assurance are required for a bug-free Lottery Platform. I'm looking forward to dependability.
Ella Hall
The Lottery Office CEO details journey into next-gen cross-channel campaign orchestration
Great Sharing thoughts.It is really helps to define marketing strategies. After all good digital marketing plan leads to brand awareness...
Paul F
Driving digital marketing effectiveness