CIOs are struggling to find the right talent with skills shortages at their highest level since 2008, according to a survey of chief information officers released by Harvey Nash and KPMG. The three most scarce skills are big data/analytics, cited by 44%, followed by cyber security and AI, both cited by 39%. 

Meanwhile, fewer CIOs now sit on boards in 2019, dropping to 58% from 71% in just two years. This is despite the influence of the CIO remaining intact; 66% this year view the role as gaining influence compared to 65% in 2018.

The research also found AI/automation will replace one in five jobs across the globe within five years.

The prediction comes as IT departments are being tasked by executive boards to use AI/automation to improve efficiencies. Harvey Nash says this is likely to lead to a significant reorganization of roles across the business.

However, the majority of CIOs surveyed, 69%, believe that new jobs will compensate for job losses to AI/automation.

Harvey Nash and KPMG’s survey of 3,645 CIOs and technology leaders was conducted between December 13, 2018, and April 4, 2019, across 108 countries.