,Singapore

IT leaders make the best CEO candidates: survey

More than 70% of Singaporean firms believe IT leaders are better equipped to assume CEO roles compared to other department heads.

A massive 94% of Singaporean firms have increased their use of business analytics since the pandemic started, according to ManageEngine’s 2021 Digital Readiness Survey.

This greater emphasis on data and technology has led to firms trusting their tech leadership team more. Around 71% of Singaporean businesses reported that information technology (IT) leaders are better equipped and qualified to become CEOs compared to heads from other departments like sales, marketing, and finance.

More than 85% of respondents said that they have increased the adoption of cloud solutions, such as software as a service, infrastructure as a service, and platform as a service, in the last two years.

Confidence in the use of artificial intelligence has also increased to 89%.

Security concerns on cyber threats, particularly phishing, malware, and account hacking, continue to be high as employees work remotely.

The 2021 Digital Readiness Survey had a respondent pool of 1,210 IT executives from Singapore, India, North America, the United Kingdom, Australia, and New Zealand. In Singapore, 101 respondents were surveyed from businesses with more than 500 employees across 16 industry verticals.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

The partnerships aim to improve care delivery and patient outcomes.
The KoolLogix cooling system for data centres uses passive heat extraction and removal.
This is the first-of-its-kind collaboration between an index provider and an airport group.
The new initiative is targeted towards offering greater savings and flexibility.
Mapletree Logistics Trust was seen with the most growth.
Flexibility, specificity, and customer-centred approaches prove to be the edge in today’s enterprise application software companies.
The list is from Investigoal, which gave Singapore a score of 8. 
It won't push through with the acquisition of the majority of stake in a Vietnam property firm.
DBS Country Head Shee Tse Koon has apologised for the disruptions.
Only two in five Singaporean internet users are aware of NFTs.
October postings were up by 76% from February 2021.
Three of the four initiatives were spearheaded by Enterprise Singapore.
The agreement comprises two payments.
MTI cited four downside risks that will affect the economy's growth next year.