InformationWeek Names the Global CIO 50

InformationWeek, the leading multimedia business technology brand, announced the top 50 Global CIOs redefining the CIO's role in driving business growth. (http://www.informationweek.com/news/global-cio/interviews/showArticle.jhtml?a rticleID=217600529). The CIOs were selected based on their strategic contributions to their companies, as well as for their market leadership, innovative IT-enabled business practices and results, and by their overall achievement and impact. Based on a new study from InformationWeek Analytics, CIOs around the globe are prioritizing on finding ways to reduce spending on maintenance and operations in order to liberate precious IT dollars for new initiatives. InformationWeek examined the role of CIOs in a global enterprise and how these Global CIOs are contending with the downturn -- and the eventual upturn -- in terms of business priorities and resource allocation. The study also challenged the stubborn perception that IT in general and CIOs and their teams in particular are cost centers rather than creators of value and accelerators of innovation.

"The CIOs named in the InformationWeek Global CIO 50 reflect three major themes we found in our recent research study," said Global CIO senior vice president Bob Evans. "CIOs are focusing on working to spend less money on internal IT issues and more on external, customer-facing projects. They are also developing and refining new ways to capture and communicate the business value of IT and finally, they are shifting the internal outlooks of worldwide IT organizations to reflect global perspectives."

The CIOs named to the prestigious list include: UPS CIO Dave Barnes whose philosophy is to build technology from the start with the world in mind; LG Electronics CIO Kim Tae Keuk who is leading an effort to replace more than 80 different ERP systems around the world with a single, global system; Coca-Cola's Jean-Michael Ares who with his company, recognizing China as its third-largest and perhaps fastest-growing global market, is opening a $90 million innovation and technology center in Shanghai.

The Global CIO 50 listing debuted in the May 25 issue of InformationWeek Magazine and the comprehensive InformationWeek Analytics Global CIO Report, titled "Small World, Big Opportunities" is available at InformationWeek Analytics (http://informationweek.com/globalcio50/report). The results were compiled from 861 responses from senior IT executives in seven countries across 28 industries.

For more information on InformationWeek Global CIO 50, please go to: www.informationweek.com/globalcio50.

About InformationWeek

InformationWeek (www.informationweek.com) is the anchor brand for the InformationWeek Business Technology Network -- a powerful portfolio of resources that span the technology market, including security with DarkReading.com, storage with ByteandSwitch.com, application architecture with IntelligentEnterprise.com, network architecture with NetworkComputing.com, cloud computing with PlugIntoTheCloud.com, and Internet innovation with InternetEvolution.com. InformationWeek magazine reaches 440,000 business technology professionals at more than a quarter million unique locations. Its mission is to help CIOs and IT executives define and frame their business technology objectives. InformationWeek.com delivers breaking news, blogs, high-impact image galleries, and proprietary research as well as analysis on IT trends, a whitepaper library, video reports, and interactive tools, all in a 24/7 environment.

About TechWeb

TechWeb (http://techweb.com/aboutus), the global leader in business technology media, is an innovative business focused on serving the needs of technology decision-makers and marketers worldwide. TechWeb produces the most respected and consumed media brands in the business technology market. Today, more than 13.3 million* business technology professionals actively engage in our communities created around our global face-to-face events such as Interop, Enterprise 2.0, Web 2.0, Black Hat and VoiceCon; online resources such as the InformationWeek.com, Light Reading, Intelligent Enterprise, bMighty.com, and The Financial Technology Network; and the market leading, award-winning InformationWeek, TechNet Magazine, MSDN Magazine, and Wall Street & Technology magazines. TechWeb also provides end-to-end services ranging from next-generation performance marketing, integrated media, market research, and analyst services. TechWeb is a division of United Business Media, a global provider of news distribution and specialist information services with a market capitalization of more than $2.5 billion.

*13.3 million business decision-makers: based on number of monthly connections across TechWeb brands.

  Contact:  Ellen Asuncion
            Sr. Marketing Manager
            InformationWeek Business Technology Network
            949.223.3622
            easuncion@techweb.com

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SOURCE: InformationWeek

CONTACT: Ellen Asuncion, Sr. Marketing Manager, InformationWeek Business
Technology Network, +1-949-223-3622, easuncion@techweb.com

Web Site: http://www.informationweek.com/