Those are the findings from a recent study from Cowen and Company, conducted by Qualtrics, which surveyed US senior marketers in September and October.
A majority of respondents said that, because of digital, they see a shift in dollars being reallocated from IT budgets—which come from the traditional CIO's office—to marketing and advertising budgets, overseen by CMOs. Of that group, 43% said that shift was accelerating.