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What’s on the mind of US technology and telecommunications CEOs?

No surprise that it’s growth and AI

The technology and telecommunications sectors are at the forefront of innovation, facing both unprecedented opportunities and complex challenges. The KPMG Technology and Telecommunications US CEO Outlook report offers a look into the strategic priorities and perspectives of US leaders shaping this dynamic industry. Discover how technology and telecommunications CEOs are approaching economic confidence, AI integration, workforce transformation, and sustainable growth.

Key Insights

1

Optimistic growth outlook
Despite global uncertainties, technology and telecommunications CEOs have strong confidence in their companies' and the sector's growth prospects, with many anticipating "robust" earnings growth, signaling a proactive stance on market expansion and M&A opportunities

2

AI at the core of strategy
Artificial Intelligence is a top investment priority for many CEOs across all industries, with a significant number planning to allocate a portion of their budgets to AI in the next 12 months. The report reveals that a majority believe agentic AI will have a "transformational" or "significant" impact on their organizations. However, ethical challenges and employee skill gaps are identified as major barriers to successful AI implementation 

3

Cybersecurity remains a top risk
US CEOs identify cybercrime and cyber insecurity as pressing risks, underscoring the critical need for robust cybersecurity strategies in the evolving digital landscape.

4

Workforce transformation for an AI world
As AI reshapes the future of work, CEOs are actively investing in AI education and training across their workforce to bridge the gap between existing and desired skills

5

Strategic advantage through sustainability
While CEOs prioritize compliance and reporting to meet investor and regulatory expectations, only 25% fully integrate sustainability costs and potential ROI into major capital decisions. The report highlights the ongoing challenge of embedding sustainability into core business strategy

Dive into our thinking:

Unlock exclusive insights and strategies

Download the KPMG Technology & Telecommunications US CEO Outlook report to gain deeper insights into what’s top of mind for CEOs in the technology and telecommunications sectors plus actionable ways to address the opportunities facing this dynamic industry.

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