CXOs balance the need for new investments in digital technologies to drive innovation and interoperability while addressing challenges with macroeconomics, IT resourcing and cost inflation. Sebastian Grady, President of Strategic Initiatives, Rimini Street, discusses how scarcity of budget, IT skills and labour affect a company’s Digital Transformation roadmap and the biggest challenge for CIOs. Rimini Street, a global provider of enterprise software products and services and a leading third-party support provider for Oracle and SAP software products, as well as a Salesforce partner, has announced the findings of the Censuswide Buyers Sentiment Survey, IT Leaders: The Future Outlook Report 2023 , examining CIOs’ and CTOs’ IT strategies, initiatives, challenges and focus. The Rimini Street-sponsored research polled more than 1,000 respondents across more than seven industries in the UK, Ireland, the Nordics and the Gulf states, and found IT leaders continuing to prioritise Digital Transformation and interoperability of technologies to achieve strategic, financial and operational business objectives in 2023. The report further showed that respondents had to balance their digital innovation investments against a variety of current challenges affecting their organisation such as talent shortages, supply chain disruptions, macroeconomic cost inflation and geopolitical realities, including complex global sanctions and de-globalisation. […]
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