Survey Methodology and Demographics Protiviti surveyed more than 1,000 CIOs, CTOs, CISOs and other technology executives and leaders to ascertain the status of several concepts around innovation and technical debt across numerous regions, business types, revenue classes and management roles. The respondents answered 18 survey questions which were collated and then transferred into reportable elements with totals, averages, and divisions based upon the size of the organization, the location of the organization, the industry and the role the respondent played within the organization. Home Key findings Executive summary View infographic Call to action Join our webinar Industry Insights Regional Insights CFO’s Perspective Position Chief Information Officer 17% Chief Information Security Officer 15% Chief Technology Officer 17% Senior Vice President of Information Technology 14% Vice President of Information Technology 15% Director of Information Technology 22% Industry Government 12% Consumer Packaged Goods 8% Retail 8% Technology (Software/High-Tech/Electronics) 5% Media and Entertainment 5% Telecommunications and Data Infrastructure 5% Healthcare - Integrated Delivery Systems (Provider & Payer) 5% Healthcare Payer/Insurance 5% Healthcare Provider/Services 5% Financial Services - Banking & Capital Markets 4% Financial Services - Asset & Wealth Management 3% Manufacturing (other than Technology) 3% Mining 3% Oil and Gas 3% Power and Utilities 3% Renewables 3% Financial Services - Mortgage & Consumer Lending 2% Financial Services - Payments 2% Financial Services - Private Equity 2% Insurance (other than Healthcare Payer) 2% Automotive 2% Biotechnology/Medical Devices 2% Chemicals and Materials 2% Pharmaceuticals and Life Sciences 2% Transportation and Logistics 2% Warehousing/Distribution 2% Size of Organization (outside of financial services) — by gross annual revenue in U.S. dollars $10 billion or more 28% $5 billion - $9.99 billion 24% $1 billion - $4.99 billion 26% $500 million - $999.99 million 22% Size of Organization (within financial services) — by assets under management in U.S. dollars $50 billion or more 29% $25 billion - $49.99 billion 22% $10 billion - $24.99 billion 22% $5 billion - $9.99 billion 27% Organization Type Publicly held, for profit entity 49% Privately held, for profit entity - preparing to become publicly held 12% Privately held, for profit entity - no current plans to become publicly held 26% Government agency 12% Non-profit organization 1% Organization Headquarters United States 27% United Kingdom 9% Canada 9% China 5% India 5% Japan 5% Australia 5% Singapore 5% France 5% Germany 5% Italy 5% Netherlands 5% United Arab Emirates 5% Hong Kong 5% Explore the results Pro Document Consent Innovation is a clear goal for most – strategies and approaches are still works in progress Innovation is critical in an ever-changing business environment. Organizations that fail to prioritize innovation are more likely to fail. Pro Tools Gear Strategies to organize for innovation and address roadblocks vary Innovation cannot happen without building a business culture that fosters innovation and extending that culture takes people, skills and agility. Pro Digital Hightech Technical debt remains a major burden (on an organization) As organizations strive to increase their focus, and time and resources, on innovation, technical debt becomes a significant concern and burden. Pro System Security Innovation elevates security concerns While many organizations are pursuing an innovation agenda, security risks are on the minds of many technology executives. Pro Document Folder Attracting and retaining top talent drives technology adoption and innovation Organizations are deploying a number of innovative and emerging technology tools, but there is significant disparity in the findings that seem to depend on the maturity and benefits of each technology. Pro Location Globe A call to action for technology leaders Read about steps companies should undertake or continue over the near term to ensure they can increase their agility and sustain their innovation and transformation journey successfully over the long term. Pro Rightmark Square Survey methodology and demographics Protiviti surveyed more than 1,000 CIOs, CTOs, CISOs and other technology executives worldwide to ascertain the status of several concepts around innovation and technical debt. Pro Screen System Integration About our Technology Consulting solutions Whether you are looking to automate, modernize, or embark on an end-to-end transformation journey, our technology consulting solutions can help.
