Dive Brief:
- CVS’ CIO says he manages what tech his company will consider by first evaluating whether it can scale to his company’s needs.
- Stephen Gold, executive vice president and CIO for CVS Health, says because CVS is a Fortune 7 company, their technology must be able to scale broadly or it simply won’t work.
- "I’ve learned this through trial and error, and I’ve gotten to the point where a quick analysis of the technology can tell me whether or not it would stand up to what we could throw at it. That’s now my primary filter, and quite honestly, it filters out a lot," Gold told The Enterprisers Project.
Dive Insight:
Given the proliferation of shiny new technology today, CIOs can often get overwhelmed, and that can bog them down. Part of the digital transformation challenge is selecting technology that can fit enterprise needs at scale.
Gold suggests CIOs look to solve their most difficult problem first. For him it’s scale, for others it’s likely something else. If the tech in question doesn’t pass that first barrier, then it’s likely not worth the CIO's time to consider further, and can be weeded out.
