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Logicalis 2024 CIO Report: AI and Security are Top Priorities for Driving TransformationLogicalis launches 10th annual report based on insights from 1,000 CIOs globally - Nine in ten leaders plan to integrate AI into their organizations in 2024 TROY, Mich., March 4, 2024 /PRNewswire/ -- Logicalis US, the leading global technology service provider, today released its tenth annual CIO Report, which reveals that AI, digital transformation and cybersecurity are the top priorities for tech leaders. According to the research, which surveyed over 1,000 CIOs globally, most (85%) organizations are investing in AI technologies with transformative potential in 2024, despite economic uncertainty. The study found that the majority of CIOs feel internal pressure to quickly seize new tech opportunities as 87% of respondents have already established AI workstreams and a similar number are investing in AI skills despite the technology being in the very early stages. 86% of CIOs have also kicked off formal AI policies for their companies. In addition to AI, CIOs are facing a number of disruptive and challenging forces prompting them to continually reassess and rebalance priorities. Nearly all CIOs (95%) are facing barriers to implementing digital transformation, with many noting a lack of skills and digital vision. Rapidly evolving cyber threats propelled by powerful technologies, such as quantum computing, are also a key concern for CIOs in 2024. Despite improving cybersecurity, 83% of businesses suffered a cyber-attack in 2023, resulting in significant business damage including unscheduled downtime, loss of revenue and customer data, and regulatory fines. As a result, confidence remains low with only 43% of CIOs feeling fully prepared for another breach. "In 2024, we're seeing a culmination of disruptive forces for the CIO, ranging from AI to advancing security threats," said Logicalis US CEO, Jon Groves. "CIOs are facing the challenge of how to drive innovation and growth, while protecting their organizations from the evolving digital threat landscape. To be successful, future tech leaders need to have a diverse set of skills, from visionary thinking to strategic execution, becoming the master of the balancing act and choosing carefully where to focus." CIOs also recognized the importance of connectivity infrastructure in supporting innovative growth. The Internet of Things (IoT) and Privat 5G were key investment areas highlighted by respondents, with 93% investing in or planning to invest in Private 5G for uses including improving customer and employee experiences, real-time inventory and asset oversight, connecting remote areas, and enabling new revenue streams. Key findings on AI include:
Key findings on security include:
Key findings on connectivity include:
Key findings on digital transformation include:
To see the full report, go to https://www.us.logicalis.com/2024-cio-report. About the research About Logicalis US Our lifecycle services across cloud, connectivity, collaboration, and security are designed to help optimize operations, reduce risk and empower employees. As a global technology service provider, we deliver next-generation digital managed services, to provide our clients with real-time visibility and actionable insights across the performance of their digital ecosystem including; availability, user experience, security, economic performance, and sustainability. Our 7000+ 'Architects of Change' are based in 27 countries around the globe, helping our 10,000+ clients across a range of industry sectors, create sustainable outcomes through technology. Logicalis has annualized revenues of $1.7 billion, from operations in Europe, North America, Latin America, Asia Pacific, and Africa. It is a division of Datatec Limited, listed on the Johannesburg Stock Exchange, with revenues of over $4.6 billion. For more information visit https://us.logicalis.com View original content to download multimedia:https://www.prnewswire.com/news-releases/logicalis-2024-cio-report-ai-and-security-are-top-priorities-for-driving-transformation-302078560.html SOURCE Logicalis |