The innovative digital CTO:
Harnessing the right tech
Must-know challenges & solutions for CTOs in 2023 and beyond.
CTO Challenge #1:
Managing cybersecurity in the cloud
At the top of the CTO priority list is the responsibility for overseeing cybersecurity, especially due to the growing scale and intensity of the threat.
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76%
of Australian organisations experienced a cybersecurity incident in 2022 – 23 (which were linked to attempts at financial gain, spyware, and ransomware)*
74%
of Australians feel data breaches are one of the biggest privacy risks they face today**
* Source: Security Brief
** Source: Australian Government
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CTO Challenge #2:
AI & automation
AI systems, fuelled by vast amounts of data and algorithms, can assist in decision-making by providing valuable insights, predictions, and pattern recognition.
40%
of C-suite executives say their organisations will increase their investment in AI overall because of advances in generative AI*
30%
of global IT professionals say employees at their organisation are already saving time with new AI and automation software and tools**
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'The innovative digital CTO'
The top trends for tech leaders - and what to do about them.
- So much at stake: Managing cybersecurity in the cloud
- Cutting through the hype: AI & automation adoption
- Winning the talent arms race: Technology and recruitment
CFO Challenge #3:
Winning the talent race
In the coming year, attracting, engaging, and retaining skilled employees will continue to challenge IT leaders.
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58%
of organisations report having at least some technology talent working in a fully remote borderless arrangement
27%
of leaders are currently exploring hiring borderless (talent working remotely from different countries) tech employees
Source: Gartner
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'The innovative digital CTO'