Published: 03 November 2022
The 2023 Gartner CIO and Technology Executive Survey reveals that automotive companies’ digital investments struggle to address economic pressure, the fight for talent and supply chain challenges. However, despite overall business pessimism, most automotive CIOs expect the IT budget to grow in 2023.
Automotive companies’ digital investments fail to exceed their expectations in areas related to economic pressure, talent scarcity and supply chain disruption.
Among technologies, cybersecurity, cloud and business intelligence benefit from the highest growth in investment from 2022 through 2023.
Automotive CIOs expect their budgets to grow by an average of 5% next year.
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