RECENT STORIES:

Addressing digital sovereignty in a data-driven world
Europe’s voluntary AI code faces industry pushback as implementation o...
Digital innovation for food safety and sustainability in S E Asia
The 2025 International Congress of Basic Science Opens in Beijing
First-of-its-kind Venture Capital Programme in Asia launches as NUS co...
Nikko AM Introduces ChiNext ETF on Singapore Exchange under ETF Link, ...
LOGIN REGISTER
DigiconAsia
  • Features
    • Featured

      Digital innovation for food safety and sustainability in S E Asia

      Digital innovation for food safety and sustainability in S E Asia

      Wednesday, July 23, 2025, 1:29 PM Asia/Singapore | Features
    • Featured

      Asia the true testbed for AI agents

      Asia the true testbed for AI agents

      Wednesday, July 16, 2025, 2:42 PM Asia/Singapore | Customer Experience, Features
    • Featured

      Appreciating AI means honoring accountability and integrity, beyond commercial hype

      Appreciating AI means honoring accountability and integrity, beyond commercial hype

      Tuesday, July 15, 2025, 2:23 PM Asia/Singapore | Features, Newsletter
  • News
    • Featured

      Europe’s voluntary AI code faces industry pushback as implementation of sweeping new law nears

      Europe’s voluntary AI code faces industry pushback as implementation of sweeping new law nears

      Wednesday, July 23, 2025, 3:02 PM Asia/Singapore | News, Newsletter
    • Featured

      Operationalizing sustainability in cybersecurity: Group-IB’s approach

      Operationalizing sustainability in cybersecurity: Group-IB’s approach

      Monday, July 21, 2025, 11:31 AM Asia/Singapore | Case Studies, News, Newsletter
    • Featured

      Chatbot’s NAZI controversy prompts overhaul and new hallucinations features

      Chatbot’s NAZI controversy prompts overhaul and new hallucinations features

      Tuesday, July 15, 2025, 3:42 PM Asia/Singapore | News, Newsletter
  • Perspectives
  • Tips & Strategies
  • Whitepapers
  • Awards 2023
  • Directory
  • E-Learning

Select Page

News

How are CIOs coping with AI/ML adoption pressures?

By DigiconAsia Editors | Tuesday, April 30, 2024, 10:22 AM Asia/Singapore

How are CIOs coping with AI/ML adoption pressures?

How can they measure the returns-on-investments of AI/ML projects while also apportioning budgets for sustainability and cybersecurity priorities, asks one survey

In a Feb 2024 quantitative survey of 750 Chief Information Officers* and IT leaders across 10 global markets on their views on navigating the complexities of today’s digital landscape and unlocking the full potential of their IT investments, some trends were observed.

First, 51% of CIO respondents indicated that AI/ML was “an urgent priority to address”, matched only by cybersecurity. Some 84% indicated they were being evaluated on business outcome metrics more than ever before.

Second, 80% of respondents were optimistic about AI’s impact: citing sentiments that “breakthroughs and developments in AI will have a significant impact on their business”. In addition, this group ranked new product lines (78%); corporate policy/ethical use (76%); supply chain (74%); IT teams’ technical skills (51%) as the most significant barriers to scale AI.

Third, 61% of respondents indicated they found it “very” or “extremely challenging” to demonstrate returns on investment (ROI) with tech investments. Also, 96% cited anticipating increased investment over the next 12 months; 42% indicated they did not expect to see positive ROI from AI investments for at least two to three years.   

Sustainability and talent shortage factors
Respondents found sustainability to be a major component of their role. Some 38% indicated that was being de-prioritized as a result of the resources being pulled toward AI adoption. Ultimately, 78% of respondents indicated that “leveraging AI will make it easier to meet their organization’s IT sustainability goals.”

Also, 89% of respondents indicated concerns that, with the continued scaling of AI technologies, the role of human capital will become even more important. This group was expecting budget constraints, so increasing headcount to match AI ambitions could prove challenging.   

Finally, 96% of respondents indicated they expected increased AI investments over the coming year. Some 20% expected overall IT budgets to grow by more than 10%. Overall,, respondents indicated that AI exploration and adoption was pulling resources and attention away from other key IT areas, including cloud adoption/digital transformation (48%), sustainability (38%), and employee compensation (38%).  

According to Ken Wong, President, Solutions and Services Group, Lenovo, which commissioned the survey: “Today’s CIOs are working in a tornado of innovation. After years of IT expanding into non-traditional responsibilities, we’re now seeing how AI is forcing CIOs back to their core mandate” due to the promises of AI adoption and the pressure to “prove the value of these investments and deliver measurable business outcomes.”

*Comprising “a nearly equal number of respondents from each market”: Brazil, China, France, Germany, Hong Kong, India, Japan, Singapore, the United Kingdom, and the United States from organizations with at least 250 employees.

Share:

PreviousReeracoen’s Survey Reveals Singapore Companies Embrace Flexible Work, While Awareness of Workplace Fairness Law Varies
NextEnsuring successful GenAI and LLM management: a manageable FEAT?

Related Posts

Japan’s largest manufacturer of disposable food containers defers costly ERP upgrades

Japan’s largest manufacturer of disposable food containers defers costly ERP upgrades

September 8, 2020

Taiwan train transport turns to terrestrial trunked telephony

Taiwan train transport turns to terrestrial trunked telephony

October 22, 2020

Olympic Winter Games 2022 hosts core systems in the cloud

Olympic Winter Games 2022 hosts core systems in the cloud

February 21, 2022

APAC retail expectations have changed, but tech adoption is lagging behind

APAC retail expectations have changed, but tech adoption is lagging behind

August 5, 2020

Leave a reply Cancel reply

You must be logged in to post a comment.

Awards Nomination Banner

gamification list

PARTICIPATE NOW

top placement

Whitepapers

  • Achieve Modernization Without the Complexity

    Achieve Modernization Without the Complexity

    Transforming IT infrastructure is crucial …Download Whitepaper
  • 5 Steps to Boost IT Infrastructure Reliability

    5 Steps to Boost IT Infrastructure Reliability

    In today's fast-evolving tech landscape, …Download Whitepaper
  • Simplify Payroll Setup for Your Small Business

    Simplify Payroll Setup for Your Small Business

    In our free guide, "How …Download Whitepaper
  • Overcoming the Challenges of Cost & Complexity in the Cloud-first Era.

    Overcoming the Challenges of Cost & Complexity in the Cloud-first Era.

    Download Whitepaper

Middle Placement

Case Studies

  • Operationalizing sustainability in cybersecurity: Group-IB’s approach

    Operationalizing sustainability in cybersecurity: Group-IB’s approach

    See how the firm turned …Read More
  • Roojai Insurance (Thailand) doubles agent productivity through digital transformation

    Roojai Insurance (Thailand) doubles agent productivity through digital transformation

    Roojai Insurance (Thailand) doubles agent …Read More
  • Malayan Insurance achieves IFRS 17 readiness with SAS

    Malayan Insurance achieves IFRS 17 readiness with SAS

    A leading Philippines non-life insurer …Read More
  • How Iress is moving to EveryOps

    How Iress is moving to EveryOps

    Scaling compliance, security & efficiency …Read More

Bottom Sidebar

Other News

  • The 2025 International Congress of Basic Science Opens in Beijing

    July 22, 2025
    BEIJING, July 22, 2025 /PRNewswire/ …Read More »
  • First-of-its-kind Venture Capital Programme in Asia launches as NUS commits S$150 million to boost growth of deep tech start-ups

    July 22, 2025
    NUS will invest S$50 million …Read More »
  • Nikko AM Introduces ChiNext ETF on Singapore Exchange under ETF Link, Tied to E Fund’s Onshore ETF

    July 22, 2025
    GUANGZHOU, China, July 22, 2025 …Read More »
  • TCL Electronics (01070.HK) Publishes Positive Profit Announcement

    July 22, 2025
    Expects Adjusted Profit attributable to …Read More »
  • Pony.ai’s Proprietary L4 Automotive-Grade Domain Controller Achieves 2 Million Kilometer Milestone

    July 22, 2025
    GUANGZHOU, China, July 22, 2025 …Read More »
  • Our Brands
  • CybersecAsia
  • MartechAsia
  • Home
  • About Us
  • Contact Us
  • Sitemap
  • Privacy & Cookies
  • Terms of Use
  • Advertising & Reprint Policy
  • Media Kit
  • Subscribe
  • Manage Subscriptions
  • Newsletter

Copyright © 2025 DigiconAsia All Rights Reserved.