Global Tech Report 2024
In the race to keep up with rapid tech innovation, there’s a need to carefully balance speed, security and value, to seize opportunities and drive sustainable value, while avoiding costly mistakes.
As tech innovation opens endless potential, tech leaders are afraid of falling behind. This can lead to the temptation to make hurried decisions, which may prove misguided, risky and expensive.
There needs to be a balance between keeping up, and applying a strategic approach to extracting genuine value from tech. It’s essential to navigate the hype through evidence-based decisions, deliver solutions that are resilient, and when scaling new tools such as AI, to do this safely and responsibly.
This year, the KPMG global tech report 2024 – Beyond the hype: balancing speed, security and value, researched how tech execs are achieving this mix. The report harnesses insights from 2,450 tech professionals from 26 countries and 8 industries, from organizations valued at US $100 million and over.
Read the full report to find out what tech execs are thinking and planning.
Curious about last year's survey results? Check out the report here.
Key themes
Identifying value amid the hype
With the relentless pace of change and the fear of missing out (FOMO), decision makers need to resist the hype and pursue a measured, strategic approach to investment.
Delivering resilient solutions
Data capabilities are maturing, but unlocking more value from tech requires repositioning them as a core competency for the organization, backed up by security and governance.
Optimizing value through evidence-based decisions
Make value-driven decisions with traceability and evidence, by incorporating insights from stakeholders, customers, employees and partners, while adopting an always-on approach to performance management, to help optimize value with confidence.
Scaling AI with confidence
Many organizations are starting to reap rewards from AI, but generating value at scale remains a challenge.
Our experts about technology trends
Uncertain economy
Many organizations are benevolent when it comes to making technology investments. But at the same time, we also live in economically uncertain times. As an organization, how do you deal with this dilemma?
Innovating from FOMO
One of the most frequently given motivations for making technology investments is "because the competitor is doing it. Many organizations choose certain technological innovations because they see market leaders around them making the same choices. But is that wise?
