Ungated Post | 08 Nov 2017
The Global CIO Point of View
We partnered with ServiceNow to survey 500 Chief Information Officers around the world and across industries. Our survey explored the strategies CIOs are adopting to realize value from machine learning, and the competitive advantage for organizations that are advancing to decision automation.
Machine learning has arrived in the enterprise, and companies are eager to reap the competitive benefits the technology can provide. From automating processes that enable faster business operations to applying algorithms to improve accuracy, CIOs are adapting the technology for a wide variety of uses—and transforming the way we work.
To investigate the rise of machine learning, we worked with ServiceNow to conduct a survey of 500 CIOs in 11 countries on three continents and across 25 industries, alongside in-depth interviews with leaders in the field. We found that CIOs are increasing their investment in machine learning, but must overcome several barriers to achieve their productivity, revenue, and innovation goals. Unless CIOs turn their attention to updating not just technology, but talent and business processes, the full value of machine learning cannot be realized.
Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.
To find out more about our capabilities, contact:
Americas
Diantha Redd
+1 (646) 503 3052
Email
Asia Pacific
Peter Suomi
+65 6850 0110
Email
EMEA
Aoife Pearson
+44 (0)203 910 8054
Email
Related Services
Post
The Impact of BAE Systems’ Air Sector Business on the UK economy
This report quantifies the contribution that the BAE Systems Air Sector business made to the UK economy in 2023.
Find Out More
Post
The Economic Impact of the UK Construction Plant-hire Sector
This study, commissioned by the Construction Plant-hire Association (CPA), focuses on the UK construction plant-hire industry, and analyses its total economic impact in 2022.
Find Out More
Post
The Economic Impact of the EU Tyre Manufacturing Industry
This report assesses the impact of the tyre manufacturing industry on the EU economy through an economic impact assessment, trade analysis, and analysis of the tyre manufacturer's R&D spending in the region.
Find Out More