State of the CIO Study 2022
Last year, technology and IT leadership stood front and center – the driving force behind transformation and orchestration of new digital strategies. Now, with companies settled into new business models and new ways of working, IT organizations have moved into a governance phase. IT leaders are actively making operational excellence a priority and working to ensure the fast-paced cycle of digital investments made over the course of the pandemic is delivering for the interned business outcomes. IDG’s annual State of the CIO research highlights this shift in IT priorities, gathering responses from 985 IT leaders and 250 line of business (LOB) executives.
CIO’s 21st annual State of the CIO survey was conducted with the objective of understanding how the role of the CIO continues to evolve in today’s business climate and to help define the CIO agenda for 2022. This year’s global study particularly highlights the CIO’s increasing involvement with cybersecurity, as well as their initiatives to increase operational efficiency.
- Technology budget growth is seeing pre-pandemic levels. 59% of CIOs expect their tech budget to increase in 2022, which is up from 49% in 2021.
- Throughout the upcoming year, CIOs will focus their time and expertise on security management. 76% anticipate their involvement in cybersecurity to increase over the next year, and 51% say they are currently focused on security management in their role.
- The technology initiatives that are expected to drive the most IT investment in 2022 are security/risk management, data/business analytics, application/legacy systems modernization, customer experience technologies, and cloud migration.
- The CIO role was elevated due to the pandemic and this visibility within the organization is expected to continue. In fact, 74% of CIOs agree with this statement and 78% of their LOB counterparts agree.
- With more technology considerations coming from LOB as they continue to plan for their new workplace, CIOs are largely considered to be strategic advisors (58%) meaning they proactively identify business need/opportunities. This is a significant increase from last year – an exact 30 percentage point jump – where 28% of LOB had considered CIOs to be strategic advisors.
View the sample slides below and download the 2022 State of the CIO executive summary for additional insight. To request a meeting with a Foundry sales executive to walk through the full study, please complete the form at the right.