Data has suggested that 60% of UK Chief Technology Officers (CTOs) believe that technology is not aligned with the business objectives in their organisation.
Research from developer marketplace platform Deazy found that one-third of CTOs cite a lack of IT resources to manage current projects, as well as tech not delivering on business needs as major issues. More than one in five noted a scarcity of technical talent also hinders them.
Deazy’s State of European Dev Ecosystem 2022 report found that cybersecurity and data breach vulnerabilities were the biggest concerns for UK CTOs, with 52% stating it as a major concern.
Despite these fears, 18% of CTOs said their organisation’s technology spend has increased significantly over the past 12 months, while 61% said it has slightly increased.
However, insufficient resources (45%) and insufficient budget (40%) were two of the biggest reasons given for a technology project not getting off the ground, along with a lack of support from the board (42%).
Andy Peddar, CEO at Deazy said: “The idea that…
