The investment in moving to new technologies has been on the rise. But as the companies are driving their focus into more into bringing advanced technology into their organizations, an alarming fact is that they are leaving key policies behind which is vital to the organizations. The findings of the recent Global CIO Point of View survey gives an insight into the approach of financial sector CIOs. The survey covered 500 CIOs across 11 countries and 25 industries, out of which 50 CIOs were from financial industry. Going by the numbers in the survey, the CIOs in the financial sector is clearly focusing on machine learning.

These and many other insights are from the recently published study, Global CIO Point of View. The entire report is downloadable here (PDF, 24 pp., no opt-in). ServiceNow and Oxford Economics collaborated on this survey of 500 CIOs in 11 countries on three continents, spanning 25 industries. In addition to the CIO interviews, leading experts in machine learning and its impact on enterprise performance contributed to the study. For additional details on the methodology, please see page 4 of the study and an online description of the CIO Survey Methodology here. Digital transformation is a cornerstone of machine learning adoption.