Technology C-Suite: Digital Baseline Study

Whitepaper - Technology C-Suite: Digital Baseline Study

The HotTopics C-Suite Digital Baseline Study 2024 has been created to offer the HotTopics community an inside, peer-to-peer view of what is front of mind for today’s technology C-suite.

Fielded online between May and July 2024, 100 global CIOs, CTOs, Chief Digital and Data Officers and COOs were asked a series of high-level, strategic questions to assess their leadership styles, digital maturity levels, expectations of suppliers, hopes for an AI future and ambitions for the year ahead.

Topline findings include:

• Nearly half of respondents still believe the CIO is ultimately responsible for digital transformation, over other technology C-suite leaders, including the CEO.
• 44% of respondents also considered the CIO appropriate executive to drive AI adoption.
• Only 4% believe the senior technology executive is simply an ‘order taker to the business’, a remarkable change from the industry over less than two decades.
• Some 57 percent of respondents believe the digital maturity of their organisation is either ‘advanced’ or ‘established’.
• Executives’ biggest priority is increasing revenue and market share (65 percent); limited budget and resources for technology investments (64 percent) was cited as the biggest barrier to aligning business and technology goals.
• 71 percent plan to invest in AI and machine learning in the year ahead.

Further on, this study looks deeper into the data to compare answers by organisational size. One common error is to compare apples and pears, or an enterprise CIO with an executive working at a start-up or SME for that matter. Although the basic parameters of a business remain constant, for the technology C-suite, priorities shift and evolve constantly.

That is one of the reasons why this report, the inaugural HotTopics C-Suite Digital Baseline study, can be a useful litmus test of a function and the leaders within them.

Download this exclusive whitepaper to discover the results from the HotTopics 2024 C-Suite Baseline study.

Download the Technology C-Suite: Digital Baseline Study Whitepaper