Key Findings

• Most CEOs expect positive business conditions and accelerating technology innovation.

• Twenty-five percent of CEOs cite technology-related issues in their top business priorities for 2015 and 2016.

• Digital revenues will double to 41% by 2019; 63% of CEOs will increase technology investment in 2015.

• Ninety-five percent of CEOs do long-term planning, mostly five to 15 years; 75% do very long term planning.

• Two-thirds of CEOs say their enterprises are involved in industry-level digital initiatives.

• Only a third of CEOs are changing their business models, in the next three years.

• Most CEOs have improved the digital capability of the board and C-suite, or will do so by 2016.

• Two-thirds of CEOs think their IT departments are up to the tasks ahead.

• Customer-facing tech investments are most important, with the Internet of Things rising rapidly.

• CEOs’ security and risk concerns are rising, including the impact of artificial intelligence.

Recommendations

• CEOs must drive digital more deeply into strategic and business model change.

• CIOs should drive technology-related change thinking into long-term planning.

• CIOs should amplify every C-suite, board and industry digital change that CEOs make.

• CIOs should seize on CEOs’ rising interest in the Internet of Things early.

• CIOs should “fix the roof while the sun is shining,” as CEOs’ tech belief is at a peak.

• CEOs and CIOs should collaborate to jolt the executive team out of cyber-risk complacency.