Despite facing economic challenges and a complex tech landscape, CIOs globally are focusing on innovation, with many planning to invest in new technologies rather than just optimizing their current tech stack. Challenges include budget constraints, outdated technology, and new responsibilities outside their traditional roles. A significant number feel urgent pressure to prioritize artificial intelligence and machine learning. Many CIOs would replace at least half of their current technology if starting anew, highlighting a shift towards agility, security, and cost optimization in tech strategies.

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