Security: The Real Challenge for Digitalization

Abstract

Predicting train cancellations and thus avoiding what could amount to up to six-figure damages per cancellation. Or telling the purchasing department today which items customers are going to order the day after tomorrow. This is already a reality. Why do CIOs often know more about a company’s core business than the CEO or specialist departments—and know it sooner? Because digitalization—with the IoT etc.—gives them access to a huge mass of information about customers, machines and processes. This is what is new. Such information enables CIOs to prepare and make decisions better and, above all, faster—ideally in real time. Now more than ever, the CIO is the most important sparring partner and source of inspiration for the CEO.