IT Leaders’ Response to the COVID-19 Pandemic [Infographic]
Starting out 2020, technology initiatives were filled with promise. More than half, 59%, of IT leaders expected their IT budgets to increase over the next 12 months while only 7% expected a decrease in budget. Organizations were actively researching innovative solutions such as 5G, AI & machine learning, and IoT.
COVID-19 has brought sudden and unexpected shifts to these plans. CIO conducted the COVID-19 Impact Study to better understand how organizations were prepared for this past month and beyond, and how IT leaders are responding. Check out some highlights below.