An uncertain business landscape has not knocked the digital transformation journeys of US enterprises off track. In our latest survey—The 2023 KPMG US Technology Report—demonstrates how laser-focused digital acceleration and investments are enabling US businesses to capitalize on technology’s promise, even as they navigate economic, geopolitical, regulatory, and customer volatility.
Read the full 2023 KPMG US Technology Report to understand where your business sits in comparison to others out there.
of US respondents on average have not increased performance or profitability from digital transformation investments
say in comparison to last year, they are expected to do more with less budget
of US respondents on average say the returns from digital transformation investments had exceeded their expectations. (Note: ROI is defined by improving efficiency and cost cutting, increasing employee productivity, and enhancing customer engagement.)
Technology functions lacking coordination is the top hurdle for transformation progress.
The number of businesses with leadership buy-in for emerging tech has more than tripled, from 10% to 32%.
(Note: Emerging technologies are systems which are still considered as in-development and are yet to reach their full potential, but when they do, they are expected to significantly disrupt how society functions and operates in general.)
2023 KPMG US Consumer and Retail Sector Insights Report
Investments in digital transformation continue to alter the landscape of the consumer and retail sector, with mixed outcomes.
2023 KPMG US Financial Services Sector Insights Report
Senior technology executives in the financial services sector are almost unanimously convinced their organizations will be able to meet their efficiency and cost-cutting goals using their existing technology platforms.
2023 KPMG US Industrial Manufacturing Sector Insights Report
Industrial manufacturers are eager to better understand their customers, convert prospects to buyers, and boost the lifetime value of their customers
2023 KPMG US Life Sciences Sector Insights Report
Life sciences companies are sophisticated business organizations with high levels of scientific knowledge. But many are still striving to ensure that the technology supporting their back office measures up to the same high standards set in their research laboratories.
2023 KPMG US Technology Sector Insights Report
Technology companies are notably more likely than those in other sectors to have seen a positive impact on profitability or performance from their digital transformation efforts.
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