The list of expectations for CIO’s continues to get bigger as they face pressure to seize on new technologies to drive an organisation forward whilst also improving efficiency, staffing challenges and more…
Each CIO, will have a unique list of priorities based on their own objectives, but there are 4 objectives that IT leaders are highlighting as concerns as they go into the summer season…
Hardening Cyber Security
Cyber Security is top of most businesses’ agendas and for CIO’s its generally a top concern, with Lenovo’s Global study of CIO’s revealing that 66% of CIOs listed cybersecurity/ransomware and 66% listed data privacy/security as top challenges.
Harnessing The Power of AI
The rise in AI for businesses is leaving many CIO’s questioning the best way to implement this technology throughout their organisations, to not only be more effective and efficient but to harness the power in the correct way to be more innovative and transformative too. But with so many questions around the ethics around AI and the potential issues around security, CIO’s are having to delve further into developing new strategies, practices and governance policies that will support the future of their organisation.
Feeling The Pinch
Like all businesses inflation is causing CIO’s headaches, in a recent survey held by Software One, it was revealed that 93% of CIO’s expect their IT budgets to increase in 2023, but 83% of CIO’s will need to achieve more with less and be savvier with their budgets.
Acquiring & Retaining Talent
It’s no secret within the industry that there appears to be a global talent shortage with many people following the pandemic looking for better jobs and better work-life balance. “In 2022, a Gartner report highlighted that 60% of respondents placed it as one of their top three concerns.” states a recent CIO Dive article.
Sources:
How CIOs can respond to talent challenges in 2022 | CIO Dive
CIO Pulse: 2023 budgets & priorities | SoftwareOne
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