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More CIOs report to the CEO, underscoring IT's rising importance

Posted on on May 24, 2016

With digital strategies increasingly taking center stage in many businesses, more CIOs are reporting to the CEO. However, the tech talent dearth threatens CIOs ability to conduct their work.

Thirty-four percent of CIOs surveyed report directly to their CEO, further validating how IT has become increasingly strategic as businesses seek to generate more money using digital technologies, according to the new 2016 Harvey Nash/KPMG CIO survey. However, 65 percent of CIOs say the lack of technical talent -- particularly for big data analytics -- is hampering their efforts to keep up with the pace of change.

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