Logicalis 2024 CIO Report: AI and security are top priorities amidst barriers to transformation

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Logicalis 2024 CIO Report: AI and security are top priorities amidst barriers to transformation
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Logicalis, the leading global technology service provider, has 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 organisations are investing in AI technologies with transformative potential in 2024, despite economic uncertainty.The majority of CIOs feel internal pressure to quickly seize new tech opportunities. For example, 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.

Rapidly evolving cyber threats, propelled by powerful technologies like quantum computing are also a key concern for CIOs in 2024. Despite improving cybersecurity, a staggering 83% of businesses suffered a cyber hack in 2023 resulting in significant business damage including unscheduled downtime, loss of revenue and customer data and regulatory fines.

“The future tech leader needs 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”.

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