In today's world of rapid digitalization, majority of enterprises have thousands of applications currently deployed on their global networks. Alas, not all of the applications are necessarily practical, or being used at all. An unorganized, and overinflated application landscape leads to greater risk, and wasted IT cost. Application rationalization efforts have helped organizations uncover millions in savings.
CIOs create measurable value by delivering IT capabilities that are in tune with business priorities. In the age of rapid digital transformation, CIOs should gauge all possible tools and trends including artificial intelligence, machine learning, IoT and the cloud, to find money saving and market-leading innovative opportunities.