Industries

Helping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That’s why KPMG LLP established its industry-driven structure. In fact, KPMG LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.

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Technology Industry CEO Outlook

Insights on tech transformation, risk, talent, and ESG in 2023 and beyond

This is Speed to Modern Technology
Our 15,000+ technology professionals make a world of difference with their 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.

Technology companies have demonstrated resilience and ingenuity in the last three years. They kept the world connected during the pandemic and their products enabled new ways of working across all industries that kept employees productive and the wheels of industry and the global economy turning.

This recent track record promotes confidence in the tech industry to navigate the current geopolitical and economic turmoil. 86 percent of tech CEOs are confident about their company’s growth prospects over the next three years. They see the opportunities for innovation and growth in uncertain times.

Featuring CEO insights from 110 large, global technology companies, the Technology Industry CEO Outlook reveals new insights in the areas of technology transformation, the evolving risk landscape, the struggle for talent, and the rising importance of ESG initiatives. Key insights include the following:

64%

prioritize capital investment in buying new technology, as opposed to 36% who prioritize developing workforce skills and capabilities

67%

see their workforce being fully remote or hybrid going forward, compared to just 35% across all industries

55%

agree that ESG programs improve financial performance, up from 38% last year

Threats to technology company growth over the next three years:

Operational issues14%
Emerging/ Disruptive tech12%
Reputational risk12%
Political uncertanity11%
Interest rates9%
Cybersecurity8%
Climate change8%
Regulatory concerns8%
Internal unethical culture7%
Return to territorialism6%
Talent4%
Supply chain1%
Tax0%



For additional insights, please read the report:

Dive into our thinking:

Technology Industry CEO Outlook

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Meet our team

Image of Mark Gibson
Mark Gibson
Global Head of Technology, Media & Telecommunications, KPMG International, and Head of TMT, KPMG US

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