Digital innovation in full force, but talent lags behind: 4 key findings

While the pace of digital innovation quickens, talent in the technology industry is struggling to keep pace.

According to the Harvey Nash 2015 CIO Survey, conducted in association with KPMG, many organizations lack an enterprise-wide digital strategy as well as the right skills to manage digital innovation.

Here are four key findings from the survey, which aggregated responses from nearly 4,000 IT leaders from more than 50 countries.

1. Two-thirds of CIOs said digital disruption — change to traditional business models caused by digital technologies — presents a significant change to their business practices, requiring them to create new models and bring products and services to market quicker than they had to before.

2. The chief digital officer is an emerging role, with 17 percent of CIOs indicating they work with one, compared to 7 percent last year. Additionally, 5 percent of respondents said they plan to hire a CDO in the next several months.

3. Approximately 50 percent of CIOs said they outsource skills that are not found within their organizations, and trends indicate outsourcing skills will grow. This year, approximately 41 percent of CIOs plan to increase investments in offshoring.

4. CIOs indicated their top operational priority this year is increasing efficiencies (61 percent) followed by business intelligence and analytics (47 percent).

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