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Thoughtworks Global CIO Survey 2026: India’s CIOs hold more influence over AI decisions, but accountability is outpacing control

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India records the highest reliance on central IT for AI decision-making among 10 markets surveyed, even as CIOs face growing accountability for privacy and security outcomes they cannot fully influence

BENGALURU, India and CHICAGO, Oct. 7, 2026 /PRNewswire/ — India’s enterprise AI landscape is entering a new phase: technology leadership has a stronger grip on AI decision-making than in any other market surveyed, while Indian CIOs also report high visibility into independently adopted AI tools. Yet that visibility and influence do not necessarily translate into control over outcomes, as accountability for privacy and security increasingly extends beyond the boundaries of their authority.

According to the Thoughtworks Global CIO Survey 2026, 32% of Indian CIOs say central IT or technology leadership has the greatest influence over AI decisions, the highest figure among the 10 markets surveyed. In enterprises with more than 1,000 employees, this rises sharply to 59%.

Yet greater influence has not translated into greater control over outcomes. 43% of Indian CIOs say they are personally accountable for data privacy breaches they cannot fully influence, while 42% say the same for security incidents involving AI systems. Among enterprises with more than 1,000 employees, accountability for data privacy breaches rises to 65%.

The findings reveal an emerging tension at the heart of India’s enterprise AI adoption: the CIO may have more influence over AI decisions, but responsibility for what happens as AI spreads across the organisation is becoming broader than the CIO’s actual authority.

The global study surveyed 3,200 CIOs across 10 markets and explores how technology leadership, governance, accountability and workforce structures are changing as AI moves from experimentation into everyday enterprise operations. The global findings show that 88% of CIOs believe AI adoption is happening faster than governance structures can adapt.

India’s AI preparedness paradox
India’s position becomes more striking when preparedness is considered alongside the pace of adoption.

98% of Indian CIOs describe their organisations as at least somewhat prepared to govern AI, including 61% who say they are very prepared. At the same time, 88% say AI adoption is happening faster than their governance structures can adapt.

This is not necessarily a contradiction. It suggests that Indian enterprises may have governance structures in place, but are being forced to continually adapt those structures as AI adoption spreads across more functions, workflows and decision-makers.

As the report notes, governance can no longer be treated as a purely central-IT exercise. AI decisions increasingly touch technology, finance, operations, risk, procurement, HR and business functions simultaneously.

Sunit Parekh, CTO, Thoughtworks India, said: “The next phase of AI will not be defined by who adopts it first, but by who can scale it responsibly across the enterprise. As AI decisions decentralise across business units, the solution isn’t pulling control back into central IT or the CIO’s office, but establishing shared governance, platform guardrails and workforce upskilling. The findings show Indian organisations are leading this charge, but to safely manage the growing accountability gap, they must ensure innovation scales securely alongside organisation-wide ownership.”

The bigger the enterprise, the sharper the accountability gap
The data becomes particularly significant in India’s larger enterprises.

While 59% of CIOs in organisations with more than 1,000 employees say central IT or technology leadership has the greatest influence over AI decisions, 65% say they are personally accountable for data privacy breaches they cannot fully influence.

This points to a structural challenge as enterprises scale: centralising technology leadership does not automatically centralise accountability, nor does it guarantee that the people held responsible have control over every AI system being deployed.

That distinction becomes increasingly important as AI adoption moves beyond controlled technology teams and into business functions.

AI governance is becoming an organisation-wide responsibility
India’s survey responses also show that AI ownership is beginning to extend beyond traditional technology teams.

Indian organisations are placing greater emphasis on workforce capability than the global average. 32% plan to upskill technology staff in AI, data and automation over the next 12 months, compared with 24% globally. A further 25% plan to upskill the wider workforce, compared with 15% globally.

This matters because distributed AI adoption requires more than technical controls. Employees and business teams making decisions about AI also need to understand the organisational guardrails, responsibilities and risks attached to those decisions.

The global survey similarly finds that workforce redesign is becoming part of the CIO remit: 89% of CIOs globally agree that the CIO is now more responsible for redesigning workforce workflows and labour models than for managing core IT infrastructure.

From central control to shared accountability
The India findings point towards a shift in how enterprise AI governance needs to operate.

The answer is not necessarily to pull every AI decision back into the CIO’s office. Instead, organisations will need to combine strong technology leadership with distributed ownership, clear decision rights, platform guardrails and workforce capability.

As AI becomes embedded across business functions, the question for Indian enterprises is therefore moving beyond “Who owns AI?” to a more consequential one:

“Who has the authority to make an AI decision, who bears the consequences and do those two responsibilities actually sit together?”

The Thoughtworks survey suggests that answering that question will be central to India’s next phase of enterprise AI adoption.

Key findings: India

Central IT leads AI decision-making: 32% of Indian CIOs say central IT or technology leadership has the greatest influence over AI decisions, the highest among the 10 markets surveyed. This rises to 59% in enterprises with more than 1,000 employees.Accountability without full control: 43% of Indian CIOs are personally accountable for data privacy breaches they cannot fully influence, while 42% say the same for AI-related security incidents. Privacy accountability rises to 65% in large enterprises.Preparedness paradox: 98% say their organisations are at least somewhat prepared to govern AI, including 61% who say very prepared, yet 88% say adoption is moving faster than governance can adapt.Technology workforce capability: 32% plan to upskill technology staff in AI, data and automation, versus 24% globally.Broader workforce capability: 25% plan to upskill the wider workforce, versus 15% globally.

About Thoughtworks
Thoughtworks is a global technology consultancy that integrates design, engineering and AI to drive digital innovation. We are over 10,000 people strong across 47 offices in 18 countries. For 30-plus years, we’ve delivered extraordinary impact together with our clients by helping them solve complex business problems with technology and culture 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:
Michelle Surendran
Head of Public Relations for APAC and India
Email: michels@thoughtworks.com

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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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