LONDON, May 20, 2014 (GLOBE NEWSWIRE) -- More organisations are reporting increases in investment in technology than at any time since 2006 as business confidence returns and companies act fast to play catch up on their digital offering.
This is according the 16th annual Harvey Nash CIO Survey, representing the views of more than 3,200 Chief Information Officers (CIOs) and Technology leaders from across more than thirty countries, with a combined technology spend of over $160bn. The Survey is one of the largest and most comprehensive polls of technology leaders in the world.
As the global economy begins to recover, organisations are ramping up their investment in digital, mobile and online which has had a further knock on effect in the growing skills shortage, with almost two-thirds of companies reporting that lack of access to the right technology talent is holding back their digital strategy.
Record optimism
Technology budgets are growing as Chief Executives increasingly favour investing for growth over cost reduction and efficiencies. Newly created roles within companies are evolving to lead digital growth, such as the emergence of the 'Chief Digital Officer' and the increasing influence Chief Marketing Officers have over technology related spend.
Please read full CIO Survey 2014 Results press release
Visit the dedicated CIO Survey 2014 website