Today’s CIO faces three very complex challenges:

• Managing the broad portfolio of enterprise technology required to run the business
• Improving efficiency and security while lowering the cost of operating management processes across enterprise technology silos
• Finding the budget to fund disruptive technology initiatives like digital transformation

Historically, increased complexity has given rise to new categories of software applications that simplify processes and drive efficiencies, helping the CIO’s peers to be more successful in their respective functions, such as CRM (lead-to-cash), HCM (hire-to-fire) and ERP (procure-to-pay).

In The Next CIO, author Vincent Vasquez argues that the modern CIO needs a similar application to simplify the management of processes that touch the broad technology portfolio:

• ETM (Enterprise Technology Management) provides plan-to-EOL, enabling CIOs to define, automate and optimize the end-to-end processes that derive value from the entire enterprise technology portfolio throughout the technology lifecycle.

An ETM application would help to improve process efficiency, enhance security and compliance, and deliver business observability on the journey to powering autonomous IT.