Rapid advancements in technology promise endless potential, but Australia’s tech leaders are worried about falling behind – and risk making hurried, misguided and costly decisions.
To unlock the true value of transformation, organisations need to strike a balance between keeping up and being strategic, making evidence-based decisions to adopt solutions that are resilient, safe and responsible.
To understand if and how they are achieving this balance, we surveyed technology leaders in Australia and around the world.
The KPMG global tech report 2024 examines insights from 2,450 tech professionals spanning 26 countries and 8 industries. The report shares how they’re keeping up with the pace of technology and how high performers are looking beyond the hype to balance speed, security and value.
Global tech report: industry insights
What's top of mind for Australian CIOs?
When it comes to innovation, a dominant theme among Australian respondents is the fear of falling behind the competition. The truth, however, is more nuanced. The real leaders are those CIOs that see through the hype and find sustainable value without increasing risk or technical debt.
Key global trends for tech leaders
Our 2024 survey reveals four recurring themes among CIOs and technology executives:
Identifying value amid the hype
Relentless change is cultivating a fear of missing out. Technology leaders need to resist the hype and take a measured, strategic approach to new solutions.
Optimising value through evidence-based decisions
Evidence-based, traceable and value-driven decisions require insights from stakeholders, customers, employees and partners – and take an always-on approach to performance.
Delivering resilient solutions
As data capabilities mature, they need to be repositioned as a core organisational competency, backed by security and governance.
Scaling AI with confidence
Organisations are starting to realise the rewards of AI, but generating value at scale is still a challenge.
How are technology leaders staying ahead?
KPMG global tech report 2024
Beyond the hype: balancing speed, security and value
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