Lenovo and AMD have introduced a new InfoBrief titled “CIO Technology Playbook 2023,” aimed at showcasing opportunities, challenges, and considerations for CIOs in the data-driven economy, helping them make informed IT investments.
The IDC paper, commissioned by Lenovo and AMD, indicates that organizations in the Asia-Pacific region are expected to generate up to 43% of revenue from digitally-connected products, services, and customer experiences by 2027 due to rapid digital transformation.
The CIO Technology playbook surveyed over 900 CIOs and IT decision-makers in Asia-Pacific, revealing concerns about macroeconomic factors affecting business growth in 2023 and early 2024.
High inflation is the top concern for 53% of respondents, while 50% are worried about high energy prices and escalating raw material prices.
“The upcoming year is predicted to be a challenging one with economic fluctuations and the acceleration of digital transformation. IT leaders in Asia-Pacific are consequently putting more of an emphasis on streamlining processes and utilising technology to optimise resources and increase business agility, so they can react quicker to the changing needs of the industry,” said Sumir Bhatia, President – Asia Pacific, Lenovo ISG.
“It is absolutely essential for business leaders to stay on top of technology trends in order to stay competitive in today’s hyper-growth environment. AMD has played a critical role in the transformation process of multiple organisations over the years, and we are thrilled to be a part of this joint initiative with Lenovo. The ‘CIO Technology Playbook 2023’ serves to provide CIOs and other business leaders with key insights into 2023 technology trends that would enable business leaders to implement a future-ready digital infrastructure for sustainable growth,” said Peter Chambers, Managing Director, AMD Asia Pacific and Japan.
The study also highlights IT decision-makers actively seeking technology to optimize supply chains and improve asset utilization, agility, and resilience.
For 36% of Asia-Pacific CIOs, driving revenue and profit growth is the top priority, followed by enhancing customer experience and satisfaction, as well as cost optimization and savings for 32% of respondents.
Key investment priorities for 2023 include improving cyber resiliency and automating digital infrastructure management.
The study also found that hybrid/multi-cloud will gain prominence in Asia over the next two to three years, and 85% of organizations in the ASEAN+ region are either already leveraging as-a-service flexible IT infrastructure or planning to adopt it in the next 12 months.
The survey was conducted across 12 major markets in Asia, including India, Japan, Korea, Indonesia, Australia, New Zealand, Singapore, Taiwan, Thailand, Hong Kong, Malaysia, and the Philippines.
