Published: 22 February 2024
Product leaders must emphasize the value of digital investments to improve operating margins and increase revenue when supporting CIOs of asset-intensive manufacturers. Product leaders can use this research to help map those value propositions to their digital technology offerings.
The 2024 Gartner CIO and Technology Executive Survey shows improving operating margins, increasing revenue and minimizing risks are the most common objectives of digital technology investment sought by respondents from asset-intensive industries.
CIOs and tech executives would like to share responsibilities with business areas. Some are even ready to renounce other responsibilities, like developing strategies for new technologies, in return for better control over tasks related to building and deploying new technologies.
Asset-intensive CIOs rank IT/OT alignment, machine learning (ML) and digital twins among the top manufacturing-sector-specific technologies where increased investment is planned in the next three years. In addition,
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