According to the research, 85% of companies are investing in AI technologies with transformative potential in 2024, despite economic uncertainty.
Logicalis 2024 CIO Report: AI, security are top priorities amid barriers to transformationLogicalis launches 10th annual report based on insights from 1 000 CIOs globally.
Yet CIOs’ excitement is not without apprehension; most technology leaders expressed worries about AI threatening their core business propositions and concerns about the challenges of effectively regulating AI use internally. Prudently, in response, 86% have kicked off formal AI policies. Reflecting on the findings of this year’s 10th-anniversary report, Frikkie Grobler, CEO at Logicalis SA, said:
CIOs also recognised the importance of connectivity infrastructure in supporting innovative growth. The internet of things and private 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 even enabling new revenue streams.
Almost all of those who experienced an attack faced a relatively equal range of consequences: unscheduled downtime, reputation damage, loss of revenue, loss of customer data, loss of employee data, regulatory fines.
Nearly all face barriers in digital transformation, the top three being: the availability of skills, lack of clear digital vision and security concerns.At the end of 2023, Logicalis commissioned independent market research specialist Vanson Bourne to do a survey. Vanson Bourne interviewed 1 000 business and IT professionals across EMEA, APAC, US and South America.