Global organizations are reaping the rewards of digital transformation

Although we are in a time of unprecedented market volatility, global tech leaders are confident that technology is living up to its promise.

In our latest survey — the KPMG global tech report 2022 — almost all global tech leaders report that their digital evolution had improved performance and profitability over the last two years.

Despite this upbeat digital momentum and appetite for emerging technology, the survey of more than 2,200 technology executives and industry experts, found there are still obstacles on the way — among them key skills gaps and cybersecurity pressures.

But overall, the tech enthusiasm around customer engagement burns brightly and confidence is on the up as organization find their path to ongoing digital maturity.

Read the full KPMG global technology report 2022 to find out how your organization measures up in digital maturity. Discover through our discussion with technology and industry experts the seven traits that digitally-advanced organizations are adopting.

Global tech survey illustration

Enhancing the client experience, accelerating the transition to the cloud, data-centricity... - trends that appear in almost every study on both global markets and the Caspian region. What's unusual about the Global Tech Report are the insights on the timeframe for adapting individual trends and the return on investment in them. Although previously it was noted that, in general, our region's large companies were not significantly divergent from the global average in adapting digital trends, in this survey we could see signs of these differences. Indeed, the study shows a huge interest in quantum computing - companies expect to find applications for these technologies within the next two years. Another difference is the cloud. There is, definitely growing interest in the cloud in our market, but not as much as globally - the study says that 90% of companies are not just already cloud-based but have also seen the economic effects of moving to the cloud. Still, many similarities remain - in particular, the difficulty of planning in the current climate of uncertainty, the lack of talent, the feeling of unpreparedness for cyber risks.

Konstantin Aushev
Partner, Technology Consulting
KPMG Caspian