Business

CEOs aim for growth, but eye tech for efficiency, cost management, productivity

Growth was cited as a top priority for 53% of CEOs, up 40 percent in 2018. Cost management also moved up the ranks in terms of priorities.

Written by Larry Dignan, Contributor on May 8, 2019

See als

Tech conferences and events to catch in 2019 (free PDF)

CEOs and senior executives are becoming more concerned about growth prospects for their companies and looking toward technology to boost productivity and trim expenses, according to a Gartner survey.

Gartner surveyed 473 CEOs and senior executives to gauge their business technology plans for 2019 and 2020. Growth was cited as a top priority for 53% of CEOs, up 40 percent in 2018. Cost management also moved up the ranks in terms of priorities.

Here's the overview of what CEOs were mentioning as top business priorities.

SPECIAL REPORT

Digital Transformation: A CXO's Guide

You can download all of the articles in this special report in one PDF (free registration required).

Read now

A few key data points:

23% percent of CEOs see significant impacts to their businesses due to trade wars.
Another 58% of CEOs are concerned about trade wars.
82% of CEOs has a digital business or transformation effort underway.
27% of CEOs were looking toward technology as a way to manage and control costs.
47% saw technology as a way to boost productivity.
18% of CEOs saw talent management as a skill to improve with 17% citing digitization and technology enablement and 15% noting data management.