Large Enterprise CIOs are using several tactics to execute their Talent Strategy and meet Critical Skills Demands in 2023.
According to a recent survey by Gartner, Eighty-one percent of large enterprise (LE) CIOs plan to increase their IT headcount in 2023. Only 14% expect their IT staff to decrease and 5% expect their headcount to remain the same. And 4% of CIOs surveyed reported AI-augmented workers as a resource producing technology work today.
“Attracting and retaining technology talent remain critical areas of concern for CIOs. Even with advances in AI, Gartner predicts that the global job impact will be neutral in the next several years due to enterprise adoption lags, implementation times and learning curves,” said Jose Ramirez, Sr. Principal Analyst, Gartner.
The Gartner survey was conducted from October through November of 2022 among 501 respondents, 182 of which were LE CIOs in North America, EMEA and APAC region. The LE segment consists of enterprises with a total annual revenue of $1B USD or more.
“Enterprises have undertaken various digital initiatives over the past two years, with operational excellence and customer or citizen experience being the most popular. Still, these initiatives often do not meet enterprise needs quickly enough,” further added Ramirez. Sixty-seven percent of LE CIOs plan to grow their IT headcount in 2023 by at least 10% to support their enterprise’s digital initiatives. While CIOs are looking to expand their IT teams, many have faced roadblocks in hiring due to economic conditions. Due to prevailing economic volatility, 41% of LE CIOs report slow hiring for IT roles, 35% report decreasing overall IT budget and 29% report an IT hiring freeze.
The survey also found that full-time equivalents (FTEs) do the majority of tech work in the enterprise. Full-time IT employees perform 56% of the work, while technology advancements such as automation and AI-augmented work account for just over 9% of work today.
