The findings include insights from more than 100 CIOs to better understand spending, strategies guiding innovation, and more.
On Tuesday, venture capital firm, Sapphire Ventures, announced the release of its second annual CIO Innovation Index. The latest report titled “Startup Engagement Trends for the Crisis CIO” details increased investment in startup IT spending in the next year. The 2020 report was “was fielded as COVID-19 began to emerge as a global threat,” and, as a result, provides insights into the various strategies IT leaders have adopted amid the coronavirus pandemic.
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“Enterprises are under a tremendous amount of pressure to transform into digital businesses so that they can operate with speed and agility, and create new revenue sources with digital services,” said Ramin Sayar, president and CEO of Sumo Logic, in a press release.