HR Technology

CEO survey shows technology a priority. A new survey of CEOs from Fortune and Deloitte shows more than half of CEOs say innovation/new products or application of technology will be key to business success over the next year. The survey also shows more than 80% of CEOs intend to increase spending on technology modernization over the next 12 months, and nearly three-quarters say they are undergoing or preparing for digital and workforce/talent transformation. An announcement from Deloitte says the research shows CEOs plan to divert more money to areas they deem crucial to their business success. The survey shows 74% of the CEOs surveyed said their organizations were undergoing or preparing for digital transformation. The survey also shows four out of five CEOs expect their organizations to increase the level of spending on technology modernization, and more than two-thirds plan to increase spending on artificial intelligence (AI).