Key Findings
95% of organisations are investing in tech to create new revenue streams.
Nearly all CIOs regularly report to the board on ROI.
94% of CIOs are actively seeking opportunities to incorporate AI into their business, compared to 89% last year.
Despite unprecedented spending on security solutions, 88% of organisations experienced cybersecurity incidents in the last 12 months. 43% endured multiple breaches.
86% of CIOs report growing pressure within their organisation to ensure ROI from AI.
85% of CIOs report growing pressure for technology to demonstrate tangible business impact.
64% of organisations acknowledge that tech investments have yet to deliver returns.
Artificial intelligence (AI - 95%), machine learning capabilities (93%), and Internet of Things (IoT - 89%) initiatives are among the most widely adopted emerging technologies over the past 12 months.
64% of CIOs acknowledge that their next-generation technology investments have yet to deliver anticipated returns.
94% report their organisation is exploring how next-generation technology can support their commercial growth.
91% believe there is room for improvement in the return on their IT spending.
93% of tech leaders continue to juggle limited time and resources to ensure better business outcomes.
Almost all organisations are exploring how next-generation technologies can specifically support commercial growth.
95% of organisations are actively investing in technology to create new revenue streams within the next 12 months.