State of the CIO in EMEA 2024

In the EMEA region, the role of the CIO is evolving. According to a research by TheCodeWork, 90% view themselves as a changemaker, increasingly leading business and technology initiatives.

Supporting this, EMEA CIOs anticipate working more closely with a variety of groups this year, specifically operations, finance/accounting, and human resources.

These individuals are also optimistic about tech budget growth in order to move forward with their projects.

What’s Next?

Ninety-percent expect their overall IT budget to either increase or stay the same in 2024.

Top reasons for budget increases include:

• security improvements,
• infrastructure modernization,
• and keeping pace with rising costs of technology and services.

It’s also no surprise that given the AI frenzy this past year, 76% of EMEA CIOs say they’re tasked with researching and evaluating AI additions to add to their tech stack.

In which stages of the tech purchase process do EMEA CIOs plan to work with LOB executives more often in 2024?

• Determine the Determine business need: 70%
• Determine business need technical requirements: 42%
• Evaluate products and services: 49%
• Recommend or select vendors for purchase: 36%
• Sell internally (e.g., outside of the IT team): 25%
• Authorize or approve purchase of products and services: 38%
• Post-sales Engagement: 36%

EMEA business and technology initiatives in 2024

• 86% of EMEA CIOs are more involved in leading digital transformation initiatives compared to their business counterparts.
• 83% of EMEA CIOs say that their role is becoming more digital and innovation-focused.

Which technology initiatives are driving IT investments?

• Security/risk management: 54%
• Business process automation/IT automation: 54%
• Artificial intelligence (AI)/machine learning: 45%
• Data/business analytics: 44%
• Application modernization: 33%
• Infrastructure modernization: 25%

To learn more about the EMEA CIO and how TheCodeWork can help you identify content gaps and needs to help you better engage with your audience, comment below!