CIO Insights Report 2023 - Innovation vs Execution

Powering Cloud and AI Strategies

What are the top three drivers of organization’s current cloud strategies?

The integration of cloud-based and artificial intelligence (AI) technologies has emerged as a central pillar of modern organizations' digital transformations. Our conversations with technology leaders unveiled the pivotal factors that propel their transformation agendas. The top three drivers identified include security (48%), cost optimization (46%), and risk management (44%). Diving deeper into specific sectors, a nuanced picture emerges. In financial services and healthcare, leaders predominantly emphasize risk management (62%) as a significant driving force for cloud strategy adoption. Conversely, in high-tech and manufacturing domains, security assumes prominence.

100 (48%)

Security

96 (46%)

Cost Optimization

92 (44%)

Risk Management

Scalability

Mobility

Application Consolidation

N/A

Other

20

40

60

80

100

120

0

CIO INSIGHTS REPORT

20

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