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Digital Transformation
Market Narratives
Heavy Industry CIO Goals and Initiatives: 2024
Feb 25, 2025
This presentation explores the top goals for CIOs in the heavy industry sector for 2024, focusing on operational effectiveness through the integration of IoT, AI, and data analytics, alongside the critical importance of talent retention and upskilling to maintain competitiveness.
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This presentation explores the top goals for CIOs in the heavy industry sector for 2024, focusing on operational effectiveness through the integration of IoT, AI, and data analytics, alongside the critical importance of talent retention and upskilling to maintain competitiveness.
Core Insights:
Operational effectiveness as the primary goal
- Operational efficiency is the top priority for CIOs in the heavy industry sector in 2024, with a focus on leveraging emerging technologies to improve decision-making, reduce downtime, and optimise production.
- The use of IoT, AI, and predictive analytics is central to achieving these goals, allowing companies to better manage resources, minimise operational inefficiencies, and enhance overall productivity.
Talent retention and up-skilling as strategic imperatives
- Due to the highly specialised nature of the sector, retaining skilled IT professionals is critical. Heavy industry CIOs are dedicating a significant portion of their budget—18%—to talent retention and development.
- Investing…