Nearly half (46%) of IT decision makers who took part in the Rimini Street Census admit that the cost of living crisis has prevented them from meeting salary expectations for new and existing staff.
According to the study, Chief Information Officers (CIOs) and Chief Technology Officers (CTOs) are increasing their ability to attract and retain new talent by making their hiring models more flexible, including hiring less experienced and less skilled talent. I found myself embracing the environment. Willingness to learn (60%). Other steps taken to fill talent gaps include cross-training existing staff (39%), offering unique benefits such as a four-day work week, ongoing or project-based support, and application management. Includes involvement of third party services to provide. or outsourced services (47%).
of IT Leaders: Forward Looking Report 2023, UK, Ireland, Nordics and Gulf countries. 62% say digital transformation is his top priority in 2023, while 77% are in the planning stages of a project and 56% do not currently have a digital transformation project.
While IT budget increases in the new year remain modest, 44% of IT leaders feel more pressure from their boards to demonstrate an increased return on investment for technology spending.
Emmanuelle Hose, Rimini Street Group Vice President and General Manager EMEA, said: It offers an exceptional way to accelerate digital transformation and innovation. “
The survey found that 76% of surveyed CIOs and CTOs had heard of composable enterprise resource planning (ERP), and 84% of this group are expected to invest in ERP in 2023. . Nearly half (47%) believe in composable adoption. An ERP strategy should be viewed as a change management program that requires employee buy-in, but 43% say IT leaders will need to plan additional human and financial resources to support the new technology ecosystem (43%).
The survey shows that respondents are prioritizing digital transformation, but in Hose’s experience, many organizations are still at the beginning of their transformation journey.
Leading enterprise IT providers offer highly integrated stacks that help organizations advance their digital transformation strategies, but people are wary of buying everything from one IT provider. Composability reflects how IT leaders have many choices when choosing the best software as a service to complement their core enterprise resource planning system.
Rimini Street said CIOs and CTOs should look at the total cost of ownership associated with purchasing and maintaining enterprise applications, as the majority of IT budgets are typically allocated to legacy IT and enterprise systems. rice field.
As Computer Weekly previously reported, a worsening skills crisis has increased costs associated with hiring internal resources and additional contractors needed to maintain existing enterprise IT systems. . This means IT leaders must rethink supplier management.
