Rising costs, economic uncertainty, geopolitical fractures, and a global talent crisis have created arduous conditions for today’s businesses. But as the results from our 2022 KPMG U.S. Technology Survey show, many organizations are turning to new and emerging technologies to strengthen customer loyalty, enhance their products and services, protect market share, and win new business.
Our 15,000+ technology professionals have a wide range of specialties, from AI to analytics and 5G to blockchain. But they’re all dedicated to just one thing: helping technology leaders succeed by accelerating their transformation efforts — starting now.
Here are a few highlights:
50%
of respondents have seen ROI from AI technology investments
58%
plan to invest in the Metaverse in the next 2 years
62%
plan to invest in Web3 in the next 2 years
52%
say it’s a top-3 driver of digital transformation investment
46%
say it’s a primary goal for their investment in enterprise technology
27%
say advancing ESG priorities is a top-3 driver for technology investments
21%
say reducing their carbon footprint is a top-3 benefit of their cloud program
Organizations have been effective in using digital to advance business strategy
66%
very or extremely effective
32%
moderately effective
2%
slightly effective
Most report significant growth in profitability or performance from digital transformation over the last 2 years
21%
11%+ increase
36%
6-10% increase
42%
1-5% increase
1%
No increase
80%
of businesses say their cloud-enabled transitions have been successful
67%
have yet to realize substantial ROI from cloud investments
42%
are behind schedule in their cloud implementations
44%
say a lack of key skills is the number one challenge
30%
say the high cost of adding necessary talent is a top challenge
23%
say a risk averse culture is holding back initiatives
42%
are behind schedule on cyber security implementations
36%
say the remote/hybrid work environment has posed the greatest cyber challenge
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Digital to the core
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