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88% of CIOs say AI adoption is outpacing governance, leaving them accountable without control

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Thoughtworks’ global survey of 3,200 CIOs finds no dominant model for enterprise AI leadership as 89% say they’re now more responsible for workforce redesign than core IT infrastructure

LONDON and CHICAGO, Oct. 7, 2026 /PRNewswire/ — New global research from Thoughtworks, a global technology consultancy that integrates design, engineering and AI to drive digital innovation, shows that almost nine in 10 (88%) Chief Information Officers (CIOs) say AI adoption within their organization is happening faster than governance structures can adapt.

The study, based on a survey of 3,200 CIOs across 10 countries, points to a widening gap between authority and accountability as AI adoption accelerates across enterprises without formal oversight.

Layered into this, the CIO remit has extended as technology leaders are drawn into questions about how AI workflows are designed. 89% of CIOs agree they are now more responsible for redesigning workforce workflows and labor models than for managing core IT infrastructure. In the UK, this figure increases even further, to 92%.

At the same time, more than a third of CIOs (35%) also say they feel personally accountable for workforce disruption caused by AI adoption, despite not being able to fully influence the outcome.

Complicating matters, the survey also found that AI budget ownership is distributed across the business, with no single model dominant, pointing towards more fragmentation. Some 22% report that budgets are managed centrally by IT, 22% that responsibility is shared between IT and the business, 20% that budgets are controlled independently by business units, 19% that they are managed at executive or board level and 17% that the model is still evolving.

“AI governance is also a workforce design issue,” said Rachel Laycock, Chief Technology Officer at Thoughtworks. “As AI changes how work gets done, organizations need to rethink roles, workflows and decision rights so people know where human judgment is still essential and where AI can take on more of the work.”

The data also exposes a growing concern that AI is moving rapidly past the structures built to manage it, with nine in 10 (90%) CIOs admitting they’re held responsible for AI failures that happen through independently integrated tools across their organization. CIOs also report feeling personally accountable for outcomes they cannot fully influence, including security incidents involving AI systems (37%), data privacy breaches (35%) and brand or reputational damage from AI misuse (34%). In the UK, CIOs were also concerned about regulatory or compliance failures (35%) and being able to show a clear return on AI investment (34%).

“Authority over AI is distributed, but accountability hasn’t always moved with it,” said Mike Sutcliff, CEO of Thoughtworks. “The answer isn’t to pull every decision back into central IT, or to put one executive in charge and assume the problem is solved. Organizations need clearer decision rights, and people need the skills and information to make good decisions as AI becomes part of how the business runs.”

The lack of a single operating model extends to enterprise AI leadership. Seventy percent of organizations surveyed have already hired a Chief AI Officer, with a further 26% looking to do so, but there is no clear consensus on how the role should work alongside the CIO. 35% say the role operates independently with equal or greater enterprise influence, whilst 29% describe the CIO/CAIO relationship as a source of organizational friction or unclear boundaries. The data suggests that many are not yet equipped to manage AI consistently, and without teething problems, across their enterprise.

In the UK, the data indicates we’re lagging behind in the global race. Just 63% of organizations have hired a CAIO, whilst of those that already have, 34% describe the relationship with the CIO as a source of friction.

“At Thoughtworks, our experience has been that AI transformation is a team sport, from defining enterprise AI strategy and architecture to embedding AI into internal platforms and day-to-day operations,” said Xia Jie Jessie, CIO of Thoughtworks. “The question isn’t who owns AI, but how leadership collaborates to create business value responsibly and at scale.”

The full report, Thoughtworks Global CIO Survey: Who governs enterprise AI?, explores how organizations are approaching enterprise AI governance, leadership, workforce capability and the changing role of the CIO.

About Thoughtworks

Thoughtworks is a global technology consultancy that integrates design, engineering and AI to drive digital innovation. For over 30 years, Thoughtworks has helped organisations solve complex business problems with technology as the differentiator.

Methodology

The research featured in this report was conducted by Censuswide, in partnership with Thoughtworks, among a sample of 3,200 CIOs across the UK, USA, Canada, Australia, Germany, Brazil, India, Saudi Arabia, UAE and Singapore.

The data was collected between July 1 and July 10 2026. Censuswide is a member of the Market Research Society (MRS) and the British Polling Council (BPC) and a signatory of the Global Data Quality Pledge. They adhere to the MRS Code of Conduct and ESOMAR principles.

Media contact:

Kathrin Jansing
Head of Public Relations, Europe
kathrin.jansing@thoughtworks.com

Q: Who conducted the research on how CIOs govern enterprise AI?

A: The research was conducted by Censuswide on behalf of Thoughtworks, among 3,200 CIOs across 10 countries: the UK, USA, Canada, Australia, Germany, Brazil, India, Saudi Arabia, UAE and Singapore. The data was collected between July 1 and July 10 2026. Censuswide is a member of the Market Research Society (MRS) and the British Polling Council (BPC) and a signatory of the Global Data Quality Pledge. They adhere to the MRS Code of Conduct and ESOMAR principles.

Q: Are CIOs’ responsibilities changing?

A: Yes. Thoughtworks’ research suggests that the CIO remit extends beyond the original core duties. The study indicates that 89% of CIOs say they are now more responsible for redesigning workforce workflows and labor models than for managing core IT infrastructure. The Thoughtworks survey also found that 70% of organizations have already hired a Chief AI Officer, however there is no clear consensus on how the role should interact with the CIO function. The full report explores how AI has reshaped enterprise roles and where CIOs can tap into the value of their new core remit.

Q: What do CIOs feel most responsible for when it comes to AI systems?

A: Accountability doesn’t always align with responsibility. According to research commissioned by Thoughtworks, 37% of CIOs felt personally accountable for security incidents from AI, 35% felt accountable for data privacy breaches from AI, and 34% felt accountable for brand or reputational damage from AI misuse. Nine in 10 CIOs surveyed believe central IT would still be held accountable for security or compliance failures caused by AI tools purchased independently by business units. The report examines how clearer decision rights and accountability can reduce that gap.

Q: Who is making decisions about enterprise AI?

A: Thoughtworks’ survey indicates there is no single dominant model for AI leadership or budget ownership emerging across organizations. Most models being used are distributed, where responsibility for AI decisions is divided across central IT, business units, executive leadership and dedicated AI roles. The challenge is making responsibilities clear without pulling every decision back into central IT. The full report explores how those roles can work together more effectively.

Q: Does stronger AI governance mean centralizing AI decisions?

A: Based on the survey, Thoughtworks’ perspective is that AI decisions can stay close to the teams best placed to make them. The success of this is dependent on responsibilities, guardrails and routes for escalation being made clear. The full Thoughtworks report sets out practical ways to make distributed governance cohesive, safe and manageable, whilst reducing any central bottlenecks. 

Q: What does the survey tell us about how leaders should respond to the economics of AI?

A: AI costs are shaped by more than the price of individual tokens. Model choice, agentic workflows and the scale of AI use all affect what organizations ultimately spend. Thoughtworks’ view is that leaders need both visibility into that consumption and a way to connect it to the value being created. The report explores why AI economics is becoming part of the governance challenge.

Q: What has the survey identified as what leaders could do differently as AI decision-making becomes more distributed?

A: As Al decision-making is becoming more widespread across the enterprise, C-suite leaders need clearer ways to align governance, accountability, workforce design and investment. The Thoughtworks report identifies ways to support improved AI management across organizations, including outlining clear AI guardrails across business units, redesigning workflows and labor models to define the new processes, embedding cross-functional leadership and better managing AI economics. The full report outlines these methodologies in further detail.

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SKF to showcase new technologies for energy-efficient and reliable cooling at Chillventa 2026

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New MBx magnetic bearing series and ceramic precision technologies target high-speed chillers for data centers, heat pumps and other demanding HVAC applications.

GOTHENBURG, Sweden, Oct. 7, 2026 /PRNewswire/ — SKF will present technologies for more energy-efficient and reliable cooling and heat-pump systems at Chillventa 2026. Leading the Group’s presence will be its new MBx active magnetic bearing series for high-speed chillers.

Around 20 percent of the world’s energy consumption is used to overcome friction, and the core of SKF’s business is to reduce friction in rotating systems. As data center capacity expands, cooling is placing increasing demands on energy systems. Chiller and compressor manufacturers must therefore increase cooling capacity while limiting energy use, maintenance and system complexity.

“Cooling systems are becoming increasingly critical to reliability and energy efficiency of industrial and digital infrastructure. At Chillventa, we will show how our solutions support this, for example how our ceramic and magnetic technologies can help customers develop more reliable and more efficient high-speed systems for data center cooling systems, heat pumps and other demanding applications,” says Thomas Grubbauer, Global Fluid Machinery Industry Manager.

SKF offers a complete portfolio of high-speed motors levitated with magnetic bearing technology, active magnetic bearings, digital controllers, variable-speed drives, condition monitoring and engineering services. This integrated offering enables compact, oil-free drive solutions for centrifugal chillers and other high-speed applications, reducing wear, maintenance and unplanned downtime, with energy efficiency improvements of up to 30–40% compared with conventional technologies.

The new MBx magnetic bearing is designed to optimize cost while maintaining performance through innovations including automatic winding. Its modular design enables semi-automated production and faster assembly, helping reduce lead times and expand SKF high-speed motors’ production capacity to meet growing demand from the data center chiller market.

SKF will also showcase hybrid ceramic bearings, including the new optimized CeraDrive bearing series, for chillers, heat pumps, steam compressors, motors, fans and pumps. Ceramic rolling elements provide electrical insulation and support high-speed operation under demanding lubrication conditions.

Completing the offer is SKF’s new Extreme super-precision bearings platform for high-speed centrifugal compressors in chillers, heat pumps and mechanical vapour recompression systems. The offer is a flexible bearing platform that can be optimized to meet extreme application demands, for example speeds up to 120’000 rpm, 2,4 Mndm, ring contact pressure up to 2,8 Gpa and turbine side temperatures up to 200C; opening new possibilities in compressor design.

Meet SKF at Chillventa 2026
Date: 13–15 October 2026
Location: Nuremberg, Germany
Booth: 1-510

For further information, please contact:
Press Relations: Carl Bjernstam, +46 31-337 2517; +46 722 201 893; carl.bjernstam@skf.com 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skf/r/skf-to-showcase-new-technologies-for-energy-efficient-and-reliable-cooling-at-chillventa-2026,c4405233

The following files are available for download:

https://mb.cision.com/Main/637/4405233/4304655.pdf

20261007 SKF to showcase new technologies for energy-efficient and reliable cooling at Chillventa 2026

https://news.cision.com/skf/i/skf-high-speed-electric-motor,c3570286

SKF High speed electric motor

https://news.cision.com/skf/i/skf-magnetic-bearing,c3570287

SKF Magnetic Bearing

https://news.cision.com/skf/i/thomas-grubbauer,c3570288

Thomas Grubbauer

https://news.cision.com/skf/e/explore-skf-magnetic-bearing-solutions,c3570297

Explore SKF Magnetic bearing solutions

 

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MediaTek Demos 5G-Advanced FWA Platform at Network X 2026

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MediaTek T930 modem integrates 8Rx/3Tx, Edge AI and Wi-Fi 8, delivering more than 70% higher uplink throughput and more than 40% higher downlink

HSINCHU, Oct. 7, 2026 /PRNewswire/ — MediaTek and its subsidiary Airoha Technology are jointly showcasing next-generation fixed and wireless broadband connectivity at Network X 2026. Featuring a comprehensive connectivity portfolio spanning Wi-Fi, 5G CPE and PON, the companies are bringing emerging AI applications and services to home, office and on-the-go users. At the event, MediaTek is showcasing its next-generation Fixed Wireless Access (FWA) platform. Integrating 5G-Advanced connectivity, Edge AI capabilities, and Wi-Fi 8 technology, the solution combines the MediaTek T930 and Filogic 8800 with advanced RF technologies to deliver over 70% increase in uplink throughput and over 40% increase in downlink throughput, maximizing channel utilization. Furthermore, the platform has also been shortlisted for the Network X Awards 2026 “Best FWA Solution of the Year.”

Evan Su, Vice President and General Manager of the Wireless Communications Business Unit at MediaTek, said: “In order to further expand FWA market adoption, mobile network capacity, CPE efficiency and the actual in-home connectivity experience must all be improved simultaneously. Through stronger uplink and downlink capabilities and intelligent traffic management, we help telecom operators increase the number of subscribers they can serve and improve network efficiency while controlling network upgrade costs, continuously enhancing the commercial value of FWA. We also work closely with Airoha, fully supporting global telecom customers in playing a critical role in advancing network infrastructure and enabling AI to scale and become broadly accessible.”

Enabling AI Applications with High Bidirectional Bandwidth and Ultra-Low Latency

AI, cloud gaming and real-time cloud services continue to raise network access requirements for Gigabit bandwidth and ultra-low latency. For telecom operators, further expanding FWA commercial deployment requires not only higher wireless access performance, but also increased capacity and service quality while keeping core network upgrade costs under control. MediaTek T930 moves more intelligence and performance optimization capabilities to the CPE edge, integrating AI-AQM, the world’s first 8Rx 3CC, 3Tx 5L, HPUE PC1 33 dBm and Wi-Fi 8, enabling telecom operators to further enhance FWA service capabilities through CPE innovation.

Through 8Rx 3CC, T930 can improve network downlink throughput by more than 40% while extending network coverage. At the same time, the combination of HPUE PC1 and 3Tx 5L increases transmission power by 5 dB, improving network uplink throughput by more than 70%. The resulting increase in overall capacity can help reduce the cost to serve each household and improve network investment efficiency.

MediaTek AI-AQM (Active Queue Management) brings intelligent queue management to the CPE edge. It’s validated AI-AQM technology can provide cloud gaming users with up to a 10x improvement in network latency, enabling operators to further improve user experience for latency-sensitive applications such as cloud gaming without requiring major changes to the core network.

Exhibition: MediaTek + Airoha @ Booth K35

Network X 2026: 13-15 October 2026 @ Messe Wien, Vienna, Austria

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SOURCE Airoha Technology

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Devexperts Appoints Rainer Fuchsluger as Global Group CEO to Accelerate International Growth and Advance its FinTech Portfolio

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Financial technology executive brings more than 25 years of global leadership experience to strengthen Devexperts’ product portfolio across the investment and trade lifecycle.

DUBLIN, Oct. 7, 2026 /PRNewswire/ — Devexperts today announced the appointment of Rainer Fuchsluger as Global Group Chief Executive Officer (CEO), effective immediately. The privately held global financial technology company provides solutions used by more than 20 million traders worldwide every day.

Fuchsluger joins as Devexperts approaches its 25th anniversary in 2027. The company has more than 800 employees across 10 offices globally, with deep technical domain expertise in capital markets, serving hundreds of clients worldwide. His mandate is to extend Devexperts’ value chain across the full investment and trade lifecycle and deliver greater value to clients through advanced technologies such as cloud computing and AI across its portfolio. He will also accelerate the company’s international growth strategy.

The appointment follows the departure of Ben Hurley, who has decided to leave Devexperts to pursue new opportunities. Ben spent more than four years with the company, including the past two as CEO.

Fuchsluger’s global leadership experience spans financial software, market data, exchange technology and critical market infrastructure, alongside extensive expertise in AI. His career includes senior leadership roles at LSEG, Wolters Kluwer, SS&C and Thomson Reuters. In addition, he served on the Group’s Global Sustainability Governance Board at Wolters Kluwer. He has lived and worked in London, Hong Kong, Singapore, Japan and Switzerland during his 25 years in the industry.

“Devexperts has always been built on exceptional engineering, advanced technology and long-standing, trusted client relationships. I would like to thank Ben for his leadership and commitment over the past four years and welcome Rainer at an important time for the company,” said Michael Babushkin, Founder of Devexperts. “His deep knowledge of global financial markets, combined with a proven track record of scaling technology businesses across major financial centres, will help us build on our strengths and realise our ambitions for international growth.”

“Devexperts has built something very special over nearly 25 years, combining deep capital markets expertise, advanced technology and exceptional people with strong client relationships, including banks, brokerages, exchanges and wealth managers,” said Rainer Fuchsluger, Global Group CEO of Devexperts. “I’m grateful to Michael and the Board for their confidence in me and excited to build on the company’s achievements.”

With AI already embedded in more than half of its software development pipeline, Devexperts will build on these and many other capabilities under Fuchsluger’s leadership to accelerate product development and deliver greater value to clients.

“Capital markets are evolving rapidly, driven by demand for trusted data and analytics, resilient market infrastructure and the accelerating adoption of cloud computing and AI,” Fuchsluger added. “My priority is to stay close to our clients, understand their evolving needs and bring our capabilities closer together across the investment and trade lifecycle. By combining our expertise with continued investment in advanced technologies, we can strengthen our offering and help clients navigate increasingly complex markets without compromising on performance or resilience.”

Next year, Devexperts will mark its quarter century with a global programme led by Fuchsluger, recognising the people, clients and technology that have shaped the company while setting out its vision for the future.

About Devexperts

Founded in 2002, Devexperts is a global financial technology company providing trading platforms, market data, exchange connectivity, analytics and critical market infrastructure to the capital markets. With more than 800 employees across 10 offices worldwide, the company serves hundreds of clients, including banks, brokerages, exchanges and wealth management firms. Its technology is used by more than 20 million traders every day.

Its portfolio includes DXtrade, a multi-asset trading and brokerage platform; dxFeed, its global market data and exchange connectivity business; and Devexa, an AI-powered client engagement platform. Together with its market analytics, exchange technology and infrastructure solutions, these capabilities support clients across the investment and trade lifecycle.

Devexperts combines deep capital markets expertise with advanced technology, including AI and cloud computing, to help clients grow, innovate and respond to evolving market demands.

NOTE TO EDITORS:

About Rainer Fuchsluger

Rainer Fuchsluger is a senior executive with more than 25 years of experience leading FinTech, data and software businesses across global financial markets. He has deep expertise in capital markets, risk and regulatory technology, SaaS platforms, enterprise data and workflow solutions, developed through senior roles at LSEG, Wolters Kluwer, SS&C and Thomson Reuters. In addition to his business responsibilities, he has served on a Global Sustainability Governance Board. He has lived and worked in London, Hong Kong, Singapore, Japan and Switzerland and currently resides in Dublin.

At a glance:

London Stock Exchange Group: Commercial leadership, Data & Feeds.

Wolters Kluwer: Global Head of Strategic Planning & Business Development. Previously CEO / Managing Director, Asia Pacific, Finance, Risk & Regulatory Reporting.

SS&C Technologies, ICE and Thomson Reuters: Senior and regional commercial leadership roles across Asia Pacific.

Education: MBA, Vienna University of Economics and Business. Executive programmes at MIT (AI: Implications for Business Strategy) and the University of Oxford (Leading Sustainable Corporations).

Media enquiries

Paul Lyon
Managing Director
Auster Communications
paul.lyon@austercommunications.com

 

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SOURCE Devexperts

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