"The CIO is no longer the sole controller of technology spending at most firms -- and must adapt to a new reality in which their job is primarily to influence and guide spending."
That's not to say CIOs should worry about their job security, said Forrester.
"Business leaders' tech investments are not an indictment of the CIO. Quite the contrary: All indications are that business decision-makers investing in technology are generally happy with their CIO ...
"Rather, they're investing their own funds in tech because they believe that technology is simply too important for the business not to be involved."
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