KPMG global tech report: Energy insights

The energy industry is at a pivotal moment of transformation, balancing the shift to renewables with the critical need for energy security. As global companies navigate this evolution, the question arises: How can energy firms use cutting-edge technology to overcome complex challenges and gain a competitive edge?

Navigating today’s energy landscape requires more than just keeping pace with technological change—it demands a strategic approach to help ensure every tech innovation delivers real value. The challenge lies in cutting through the hype to make evidence-based decisions that foster resilience, efficiency, and growth. For energy companies, scaling tools like AI and advanced analytics must be done with a focus on safety, responsibility, and measurable impact.

The energy view of the KPMG global tech report offers a unique lens into how technology leaders across energy, natural resources and chemicals are achieving this delicate balance. With insights drawn from 122 technology professionals across the sector, this report provides actionable strategies for harnessing technology responsibly and effectively.

• Resilient and future-forward:
  Energy executives demonstrate higher confidence in technology investments compared to peers in other sectors, signaling a willingness to take strategic risks.
• AI as a game-changer:
  Energy companies are leading in AI maturity, leveraging it to unlock business value and optimize operations.
• Data maturity challenges:
  Despite advancements, data maturity gaps hinder the ability to fully quantify technology ROI, with energy executives trailing cross-sector averages in data management.
• Cyber security impact:
  Energy organizations excel in extracting financial returns from cybersecurity investments, with many reporting profitability gains exceeding 16%. 

This report delivers actionable insights for energy leaders looking to drive innovation and profitability through digital transformation. From mitigating risks in renewable integration to securing operations against escalating cyber threats, we explore strategies tailored to meet the sector’s unique challenges.