RECENT STORIES:

Addressing digital sovereignty in a data-driven world
Singapore’s financial hub exposed as key sanctuary in Cambodia’s Chen ...
New fossil discoveries remind humankind to embrace evolving knowledge,...
/C O R R E C T I O N — SHOPLINE/
HiStranger Set to Revolutionize Content Creation with Emotion AI in th...
How grass from China is changing lives in Fiji
LOGIN REGISTER
DigiconAsia
  • Features
    • Featured

      Leveraging CRM platform for AI-powered financial inclusion in Asia

      Leveraging CRM platform for AI-powered financial inclusion in Asia

      Thursday, October 16, 2025, 2:34 PM Asia/Singapore | Features, Newsletter
    • Featured

      From smart cities to strained cities?

      From smart cities to strained cities?

      Thursday, October 16, 2025, 1:43 PM Asia/Singapore | Data Centers & Interconnectivity, Features
    • Featured

      Storage for AI, AI for storage

      Storage for AI, AI for storage

      Tuesday, October 7, 2025, 3:57 PM Asia/Singapore | Features
  • News
    • Featured

      Singapore’s financial hub exposed as key sanctuary in Cambodia’s Chen Zhi scam empire

      Singapore’s financial hub exposed as key sanctuary in Cambodia’s Chen Zhi scam empire

      Friday, October 17, 2025, 2:12 PM Asia/Singapore | News
    • Featured

      New fossil discoveries remind humankind to embrace evolving knowledge, shed hubris

      New fossil discoveries remind humankind to embrace evolving knowledge, shed hubris

      Friday, October 17, 2025, 10:48 AM Asia/Singapore | News
    • Featured

      AI Readiness Index 2025 – Asia Pacific findings

      AI Readiness Index 2025 - Asia Pacific findings

      Thursday, October 16, 2025, 1:46 PM Asia/Singapore | Infographics, 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

How 800 CxOs of large corporations used AI for sustainability transformation

How 800 CxOs of large corporations used AI for sustainability transformation

August 8, 2024

Taiwan carrier trials digital credentials verification system in Changi Airport

Taiwan carrier trials digital credentials verification system in Changi Airport

March 31, 2021

The GenAI hype will crumble but the need for quality data will remain

The GenAI hype will crumble but the need for quality data will remain

January 4, 2024

UK researchers are taking a deep dive on building digital trust in fintech

UK researchers are taking a deep dive on building digital trust in fintech

December 7, 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

  • Globe Business reduces overall customer service workload by 34% through digitalization

    Globe Business reduces overall customer service workload by 34% through digitalization

    This was the result of …Read More
  • HOSTWAY gains 73% operational efficiency for private cloud operations  

    HOSTWAY gains 73% operational efficiency for private cloud operations  

    With NetApp storage solutions, the …Read More
  • Designing unmanned aerial vehicles for safety and speed

    Designing unmanned aerial vehicles for safety and speed

    SwissDrones uses Autodesk Fusion to …Read More
  • LVMH redefines payments in the global luxury sector with Adyen

    LVMH redefines payments in the global luxury sector with Adyen

    Frictionless payment solutions for seamless …Read More

Bottom Sidebar

Other News

  • /C O R R E C T I O N — SHOPLINE/

    October 16, 2025
    In the news release, SHOPLINE …Read More »
  • HiStranger Set to Revolutionize Content Creation with Emotion AI in the U.S.

    October 16, 2025
    The promising Korean startup’s selection …Read More »
  • How grass from China is changing lives in Fiji

    October 16, 2025
    GUANGZHOU, China, Oct. 16, 2025 …Read More »
  • SANY Earns Dual Global Honors for Employer Excellence and Brand Strength

    October 16, 2025
    BEIJING, Oct. 16, 2025 /PRNewswire/ …Read More »
  • China Mobile Launches Refreshed International Brand “CMobile”, Unveiling a Bold Blueprint for Global Expansion

    October 16, 2025
    GUANGZHOU, China, Oct. 16, 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.