The CIO's role has evolved from a technical job to a key leader in business strategy, monitoring technological advancements and making crucial recommendations for leveraging technology to make businesses more efficient, productive, and profitable. With the seismic shifts triggered by digital technology, various business functions are looking to IT to guide them through their digital transformations. Procurement should get priority from the CIO in this race towards digital transformation as it is an enormous asset to the business. The CPO and procurement teams have the potential to contribute significantly to enterprise growth and competitiveness.
