State of the CIO Research 2023_NEW SAMPLE SLIDES.pptx
1. State of the CIO 2023
Insight into the CIO role and their technology
and business initiatives for the upcoming year
1
2. Purpose and methodology
Source: State of the CIO, 2023
CIO’s 22nd annual State
of the CIO survey was
conducted with the
objective of understanding
how the role of the CIO
continues to evolve in
today’s business climate
and to help define the CIO
agenda for 2023. This
definitive benchmarking
survey outlines the tech
and business initiatives IT
leaders expect to focus on
in the coming year, where
they expect to be more
involved.
Total respondents: 1,038
Heads of IT: 837 LOB: 201
Audience base
CIO Audience
Job titles
CIO 35%
Director/Managing Director 34%
CTO 18%
EVP, SVP, VP 10%
President, Owner, Partner 9%
CEO 7%
CDO 5%
Other 10%
Region
North America 44%
EMEA 24%
APAC 30%
Top represented industries
Manufacturing 15%
High Tech 14%
Financial Services 12%
Services 11%
Government and nonprofits 10%
Healthcare 8%
Retail, wholesale and distribution 6%
Education 4%
Company size
(number of employees)
5,000+ 23%
1,000-4,999 22%
100-999 33%
Less than 100 21%
Function
Admin/Corp. Mgmt. 24%
Operations 23%
Marketing 16%
Sales 13%
Finance/Accounting 9%
Human Resources 9%
Engineering/R&D 4%
2
3. Technology budgets continue to see growth
Q: Do you expect your organization’s overall IT budget to increase, decrease or remain the same in 2023?
Source: State of the CIO, 2023
56%
9%
35%
Remain the same
Increase
Budget
expectations
Decrease
3
4. Continue to focus on security and
ops performance
Q: Which of the following activities best characterize your focus and how you spend your time in your current role?
15%
19%
19%
21%
24%
25%
25%
26%
28%
28%
31%
35%
38%
40%
47%
Developing new go-to-market strategies & technologies
Studying market trends/customer needs to identify commercial opportunities
Identifying opportunities for competitive differentiation
Developing and refining business strategy
Driving business innovation
Negotiating with IT vendors
Redesigning business processes
Managing IT crises
Cost control/expense management
Leading change efforts
Cultivating the IT/business partnership
Modernizing infrastructure and applications
Aligning IT initiatives with business goals
Improving IT operations/systems performance
Security management
Source: State of the CIO, 2023 4
5. CIO role elevation and visibility due to the economy
Q: Please indicate your level of agreement with the following statements (NET of strongly agree/agree somewhat)
Source: State of the CIO, 2023
of heads of IT say that the CIO role was
elevated due to the current state of the
economy and this visibility within the
organization is expected to continue
77%
68% of their LOB counterparts agree
5
6. Business initiatives expected to drive IT investments
Q: In 2023, which of the following business initiatives will be most significant in driving IT investments at your organization
9%
11%
14%
16%
17%
18%
19%
19%
20%
22%
25%
27%
36%
38%
44%
45%
Creating a more diverse and inclusive company culture
Adhering to environmental social, and governance (ESG) standards
Monetizing company data
Meeting compliance requirements (GDPR, etc.)
Improving talent acquisition/retention
Enhancing hybrid work technologies
Improving/optimizing the employee experience
Developing new digital revenue streams
Increasing topline revenue for the business
New product development
Increasing employee productivity
Improving profitability
Improving the customer experience
Transforming existing business processes (i.e. automation, integration)
Increasing cybersecurity protections
Increasing operational efficiency
Source: State of the CIO, 2023 6
7. Q: Please indicate your level of agreement with the following statements regarding Environmental, Social, and Governance (ESG) standards in your IT organization:
Source: State of the CIO, 2023
59%
of CIOs agree that
aligning their business
with ESG standards is
influencing
technology buying
plans for 2023
64%
of CIOs agree they’re
tasked with adhering to
ESG standards and are
involved in the selection
of clean information
technology
63%
of CIOs say that
adhering to ESG
standards is an
important buying
criterion when
reviewing technology
vendors/partners
7
8. Tech initiatives driving IT investments in 2023
Q. In 2023, which of the following technology initiatives will drive the most IT investment at your organization?
17%
17%
18%
19%
19%
20%
21%
23%
24%
26%
28%
34%
38%
Network modernization (SD-WAN, wireless, 5G, etc.)
Infrastructure consolidation/virtualization
Collaboration tools & platforms
Cloud management
Business process management/robotic process automation (RPA)
IT/OT (operational technology) convergence
Cloud migration (moving apps/data to public cloud)
Cloud infrastructure (private or hybrid)
Customer experience technologies
Machine learning/artificial intelligence (AI)
Application/legacy systems modernization
Data/business analytics
Security/risk management
State of the CIO, 2023 8
9. Anticipating new hires in these tech areas
Q: In which technology-related areas do you anticipate your organization will hire over the next 6-12 months?
19%
19%
20%
24%
25%
26%
26%
27%
29%
30%
30%
39%
Enterprise architecture
Compliance
Risk management
DevOps/DevSecOps/agile processes
Enterprise software (ERP, CRM, etc.)
Software engineering
Artificial intelligence (AI)/machine learning
Cloud services/integration
Cloud architecture
Data science/analytics
Application development
Cybersecurity
Source: State of the CIO, 2023 9
10. 10
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Notas del editor
CIO’s 22nd annual State of the CIO survey was conducted with the objective of understanding how the role of the CIO continues to evolve in today’s business climate and to help define the CIO agenda for 2023.
The results are based on 1,038 total – 837 heads of IT and 201 line of business. The study was fielded from November 2022 to December 2022.
Q.8a: Do you expect your organization’s overall IT budget to increase, decrease or remain the same in 2023?
Increased by 27%
Decreased by 19%
When respondents were asked whether they expect their budget to increase, decrease, or remain the same in 2023, 56% reported they expect an increase. This is slightly lower than last year’s results (59%), but this year 35% of ITDMs expect their budget to remain the same (a slight jump from 32% last year.) 9% said they expect a decrease in budget.
There are some differences by company size. 63% of enterprises expect their budget to increase compared to 55% of SMBs. 13% of enterprises expect a decrease compared to 7% of SMBs, and 24% of enterprises expect to remain the same compared to 38% if SMBs. By region, North America: 50% increase, 9% decrease, 41% remain the same; APAC: 58% increase, 9% decrease, 32% remain the same; EMEA: 64% increase, 10% decrease, 26% remain the same.
Differences by industry:
Manufacturing: 64% increase, 10% decrease, 26% remain the same
High tech: 53% increase, 12% decrease, 35% remain the same
Government: 65% increase, 4% decrease, 32% remain the same
Education: 49% increase, 17% decrease, 34% remain the same
Financial services: 69% increase, 6% decrease, 25% remain the same
Healthcare: 46% increase, 12% decrease, 43% remain the same
Retail: 54% increase, 15% decrease, 30% remain the same
Services: 43% increase, 7% decrease, 50% remain the same
Q.5: Which of the following activities best characterize your focus and how you spend your time in your current role?
Looking overall at the activities that heads of IT are currently focusing the majority of their time on, we see security management, improving IT operations/systems performance, and aligning IT initiatives with business goals in the top three spots.
Not many differences between company sizes.
Q.22: Please indicate your level of agreement with the following statements: < The CIO role has been elevated due to the current state of the economy and this visibility within the organization is expected to continue >
Every year, we ask our respondents a handful of agree/disagree questions. This year, due to the current state of the economy/inflation we asked how the CIO was elevated. Overall, 77% of CIOs say that their role was elevated due to the current state of the economy and this visibility within the organization is expected to continue. When we asked this same question to our line of business respondents, 68% agreed that their CIO’s role was elevated due to the economy, and they expect this visibility within the organization to continue.
Q.14: In 2023, which of the following business initiatives will be most significant in driving IT investments at your organization?
When asked which of the following business initiatives will be most significant in driving IT investments at their organizations in 2023, 45% of CIOs said increasing operational efficiency, 44% said increasing cybersecurity protections, and 38% said transforming existing business processes.
2022 results
Increasing cybersecurity protections 49%
Increasing operational efficiency 46%
Improving customer experience 42%
Transforming existing business processes 41%
Improving employee productivity 27%
Improving profitability 24%
New product development 22%
Enhancing hybrid work technologies 21%
Increasing topline revenue for the business 20%
Meeting compliance requirements (GDPR, etc.) 19%
Introducing new digital revenue streams 18%
Optimizing employee experience 17%
Improving talent acquisition/retention 15%
Monetizing company data 14%
Creating a more diverse and inclusive company culture 9%
Q.23: Please indicate your level of agreement with the following statements regarding Environmental, Social, and Governance (ESG) standards in your IT organization: < Aligning our business with ESG standards is influencing technology buying plans for 2023 >
Q.23: Please indicate your level of agreement with the following statements regarding Environmental, Social, and Governance (ESG) standards in your IT organization: < Adhering to ESG standards is an important buying criterion when reviewing technology vendors/partners >
Q.23: Please indicate your level of agreement with the following statements regarding Environmental, Social, and Governance (ESG) standards in your IT organization: < The CIO is tasked with adhering to ESG standards and is involved in the selection of clean information technology >
Q.16: In 2023, which of the following technology initiatives will drive the most IT investment at your organization?
Cloud management (including cost management, optimization, and governance)
Security/risk management takes the #1 spot this year again as the top technology initiative to drive the most IT investment in 2023. Data/business analytics also still ranks high at #2, followed by application/legacy systems modernization, machine learning/AI, and customer experience technologies, and cloud infrastructure.
No significant difference by company size.
full list is in the appendix
Q.20a: In which technology-related areas do you anticipate your organization will hire over the next 6-12 months: < Plan to Hire >
Over the next 6-12 months, IT leaders say they anticipate their organization will hire a variety of tech areas, including cybersecurity (39%), app development (30%), data science/analytics (30%) and cloud architecture (29%). These top areas are no surprise given what we know about the tech investments expected for 2023, and the fact that security continues to be a concern in all areas of IT and the business. There are a few differences by company size – anticipating hiring for cybersecurity rises to 45% for enterprise and only 35% for SMBs and app dev increases to 37% for enterprises and decreases to 26% for SMBs.
*Note full list in the appendix