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APAC CIOs are faster to embrace disruptive technologies

APAC CIOs are faster to embrace disruptive technologies CIOs in APAC are leading the charge in terms of adoption of disruptive technologies such as internet of things (IoT), artificial intelligence (AI) and conversational interfaces, an annual survey by Gartner found.

The 2018 Gartner CIO Agenda Survey of 3,160 CIOs worldwide included 537 across 17 countries in Asia Pacific, representing $3.4 trillion in revenue/public sector budgets and $49 billion in IT spending.

Among respondents, 43% said they have deployed or are in short-term planning for deployment of IoT technologies (compared to 37% globally) and 37% for AI (compared to 25% globally).

Investments have been made in conversational interfaces by 28% (21% globally) and virtual reality (VR) and augmented reality (AR) by 20% (17% globally). Also, 13% have adopted blockchain or distributed ledger technology, compared to 9% globally.

“Asia Pacific is home to some very successful and entrepreneurial digital businesses, as well as to established manufacturing, financial services, protein export, mining, government agencies and higher education establishments, that are driving the region up the technology adoption curve," Gartner VP Andy Rowsell-Jones said.

The survey indicates that 95% of CIOs expect their jobs to change or be remixed due to digitalization. While world-class IT delivery is a given, it will increasingly take up less of the CIO's time. Respondents believe that the two biggest transformations in the CIO role will be becoming a change leader, followed by assuming increased and broader responsibilities.

Inevitably, the job of CIO will extend beyond the traditional delivery roles to other areas of the business, such as innovation management and talent development.

The survey results show that Asia Pacific CIOs increasingly have responsibility for areas of the business outside traditional IT, but significantly less than global peers. Among CIOs, 44% are responsible for digital transformation (55% globally); 37% for innovation (54% globally) and 17% for enterprise change (28% globally).

Further, CIOs in Asia Pacific expect their budgets to grow 5.1%, higher than the global average of 3%.

 

 

First published in Enterprise Innovation