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Logicalis launches 10th annual report based on insights from 1,000 CIOs globally and identifying major disruptive forces including AI and new cyber threats as dominating their priority list .

According to the research , which surveyed over 1,000 CIOs globally , most ( 85 %) organisations are investing in AI technologies with transformative potential in 2024 , despite economic uncertainty . investing in AI skills despite the technology being in the very early stages . 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 .

As well as AI , CIOs are facing a number of disruptive and challenging forces prompting them to continually reassess and rebalance priorities .

The majority of CIOs feel internal pressure to quickly seize new tech opportunities .

For example , 87 % of respondents have already established AI workstreams and a similar number are

Nearly all CIOs are facing barriers to implementing Digital Transformation , with many citing a lack of skills and digital vision .

Rapidly evolving cyber threats , propelled by powerful technologies like Quantum Computing are also a key concern for CIOs in 2024 .

Despite improving cybersecurity , a staggering 83 % of businesses suffered a cyber hack in 2023 resulting in significant business damage including unscheduled downtime , loss of revenue and customer data and regulatory fines .

As a result , confidence remains low with only 43 % of CIOs feeling fully prepared for another breach .

Bob Bailkoski , Global CEO , Logicalis Group , said : “ In 2024 we ’ re seeing the culmination

28 INTELLIGENTCIO APAC www . intelligentcio . com