According to a Deloitte survey, 65% of CIOs now report directly to CEOs, a significant increase from 41% a decade ago. This shift indicates that technology leadership is increasingly viewed as a key driver of business growth rather than just a technical support role.

The Deloitte survey found that 80% of technology leaders believe their roles have expanded to align more closely with business objectives. This expansion reflects a broader trend where CIOs are becoming integral to driving business strategy and results.

The survey reveals a split perception of tech departments, with 52% of respondents viewing them as revenue generators and 48% considering them primarily as service centers. Notably, two-thirds of executives at large firms see tech as a revenue driver, compared to less than half at mid-sized organizations.