Chief information officers would gladly replace large parts of their tech stacks if they could. And that is only one of many challenges they face as they become more important within their companies, according to Lenovo’s Global Study of CIOs.
Of those polled, 92% worldwide agree that their role has changed. And 89% say they are significantly or somewhat more important.
But 82% also feel that their job is more challenging than it was two years ago.
The most difficult challenges include:
Beyond all that, CIOs are now making decisions that include:
Given all this, it is no surprise that CIOs expect to turn to their vendors to help them solve myriad problems over the next give years:
But they need resources — 61% say their business would feel an impact in a few weeks at most if they stopped spending on their digital transformation initiatives.
And 57% would replace half or more of their current tech stack if given a chance to reboot from scratch. Nearly 25% would replace most or all of it.
On another front, 92% of CIOs would consider adding new as-a-service offerings over the next two years as part of a business model change.
These findings are based on a survey of 525 CIOs in firms with at least 250 employees across Brazil, China, Japan, Singapore, the United Kingdom and the United States, from December 6 to December 21, 2021.