Intelligent CIO LATAM Issue 13 - Page 23

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SURVEY FINDS THREE IN FIVE CIOS WOULD REPLACE HALF OR MORE OF THEIR CURRENT TECHNOLOGY IF POSSIBLE

Research commissioned by Lenovo reveals CIOs are more involved than ever before in areas outside their traditional technology purview , such as business model transformation , corporate strategy and sustainability .

A new global research study from Lenovo reveals how the CIO role has evolved , shedding light on growing areas of responsibility and increasing influence in the C-suite , as well as removing barriers to business growth .

Technology is currently the nervous system that connects corporate strategy , finance , innovation , operations and talent . CIOs are increasingly tasked with connecting with key stakeholders across the organization to ensure alignment and drive execution .
With IT enmeshed in every facet of a business , CIOs believe that their organizations must continue to invest in Digital Transformation to remain relevant . Key findings from Lenovo ’ s global survey of more than 500 CIOs include :
• Nearly all CIOs surveyed believe their roles have evolved and expanded in the past few years ,
CIOs are increasingly tasked with connecting with key stakeholders across the organization to ensure alignment and drive execution .
and that they are being asked to make business decisions that go far beyond technology .
• Nine-in-10 CIOs say that their role and responsibilities have expanded beyond technology , including non-traditional areas such as data analytics and business reporting ( 56 %), sustainability / ESG ( 45 %), DE & I ( 42 %), HR / talent acquisition ( 39 %) and sales / marketing ( 32 %).
• 82 % say the CIO role has become more challenging compared with just two years ago as they are confronting a vast array of unique challenges , from the increasing use of AI and
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