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1、The Resilient CIOLenovo Global Study of CIOs 2023Despite economic headwinds and an austere business climate,CIOs are doubling down on innovation.We spoke to CIOs from around the world to understand their priorities and challenges amid todays turbulent tech landscape.CIOs are bullish about the power
2、of technologyThe job of the CIO has never been more demanding,and the findings indicate they are taking increasing risks in response.The more complex the technology landscape,the more challenging it is for the CIO to enact organization-wide digital transformation and prioritize initiatives and inves
3、tments that will deliver business outcomes.Ken WongPresident,Lenovo Solutions and Services GroupThe worlds CIOs are firmly committed to innovation.However,theyre beset on all sides by a number of challenges like budget limitations,outdated technology stacks,and the specter of an economic recession.C
4、ompounding these concerns,CIOs are also grappling with the heft of new responsibilities that theyve been tasked with,related to areas outside of their traditional purview like talent acquisition,business transformation models and ESG.as likely to invest in innovation in new technologies over optimiz
5、ing their current tech stack.are worried that they will not have sufficient resources to invest effectively in innovation for their organizations IT infrastructure.feeling“urgent pressure”to address artificial intelligence/machine learning as a priority.CIOs are nearly 2xHowever,83%Emerging technolo
6、gies are top of mind for CIOs,with 43%“The stakes are high38%32%22%5%4%In a few weeksIn a few monthsImmediately60%of CIOs project there would be an impact on business performance“immediately”or“in a few weeks”In a few yearsNever/would notfeel an impact“If you were to stop investing in digital transf
7、ormation,how quickly do you think you would feel the impact on your business?”“In what areas would you feel this impact first?”Economic challenges may accelerate the need for digital transformation to streamline operations,improve efficiencies,and reduce costs.CIO from a technology company in Singap
8、ore with an estimated valuation of$50 million.“”45%24%32%23%Sustainability/ESG Digital transformation&business process automation Business model transformation Data analytics&business reporting Adding to this,1 in 3 CIOs do not feel their organization is sufficiently resilient.And turning to as a Se
9、rvice offeringsDeploying as a Service solutions simplifies and optimizes everything,enabling CIOs to focus on innovation and be more agile in responding to their organizations changing needs.A pay-as-you-go consumption model from procurement to deployment and management of infrastructure to hardware
10、 and licensing empowers CIOs and IT teams to focus on innovation or more strategic imperatives.In response,CIOs are prioritizing agility in tech stacks“If you were to build your company/organization from scratch and“reboot”today,would you?33%22%45%Keep about half of the technologyReplace almost all/
11、most of the technologyMost CIOs(55%)would replace half or more of their current technology Keep almost all/most of the technology92%of CIOs would definitely or probably consider adding new as a Service offerings over the next 2 years.We invest in better and better IT infrastructure.This means that t
12、he hardware is constantly being adapted to new requirements.At the same time,we are investing more in the software and also in the clouds because that is the future.CIO from a manufacturing company in Germany with an estimated valuation of$1 billion“”51%44%41%38%Increasing their organizational agili
13、tyProviding security of their companys systems and operationsSimplify the configuration,deployment,and maintenance of technologyOptimize costsLooking ahead,CIOs expect tech vendors to help address business goals byThe ability to design and deliver on a range of solutions from hardware to edge to clo
14、ud,and powered by AI,not only streamlines day-to-day operations but also empowers organizations to innovate with agility and maximizes their tech stack to fulfil their business ambitions.Ken WongPresident,Lenovo Solutions and Services Group“About Lenovo Solutions and Services Group Lenovo Solutions
15、and Services Group brings together all of Lenovos IT solutions and services across PC,infrastructure,and smart verticals,including attached services,managed services,and as a Service offerings,into one dedicated organization.By providing a truly global solution that offers everything from pocket to
16、cloud via a single contract under the TruScale brand,were empowering our customers to transform their vision into value.To find out more visit https:/ and https:/ updated on our Global CIO Study onhttps:/ the studyFieldwork for this study was conducted via a quantitative survey from March 3,2023,to
17、March 25,2023,among a total of 682 CIOs globally.The survey sample featured a nearly equal number of respondents from each market:Brazil,China,Germany,Hong Kong,India,Japan,Singapore,the United Kingdom,and the United States.Respondents included CIOs of companies and organizations with at least 250 employees.