There is plenty of good news for CIOs in 2018, according to the 20th annual Harvey Nash/KPMG CIO Survey, The Transformational CIO, including bigger budgets, larger headcounts and increased cloud investment. Yet, the report also reveals troubles on the transformation front, as IT organizations struggle to extend their influence and take advantage of opportunities.
In the wake of worldwide virus strikes, protecting the business from a cyber-attack has jumped further up the boardroom agenda than any other item (from 40% to 49%, a 23% increase from 2017), while dealing with data — including analytics and automation — is turning into a trust battleground. Finally, a skills shortage stubbornly continues, with 65% of IT leaders reporting that a lack of skills is holding back their strategies.
Cyber risk becomes board priority and IT communication challenge
Fred Rica, a principal in KPMG’s advisory services practice, says boards of directors are beginning to realize that they need to keep a close eye on cyber risk. “I have quite a few clients where cyber security is a standing agenda item at board meetings,” he says. However, while the Harvey Nash/KPMG CIO…
