Technology Industry Findings
The Harvey Nash/KPMG CIO Survey is the largest IT leadership study in the world, with almost 4,000 respondents across 84 countries, representing over US$300bn of IT budget spend.
This Technology industry snapshot provides survey responses from more than 500 IT leaders on some of the key topics, and highlights several areas where this industry’s responses differed significantly from those across all industries.
The key topics include digital strategy, budget and priotities, customer capabilities and Technology and Innovation. Explore the full findings in this Technology key sector report.
IT leaders in the technology sector are spearheading innovation in digital technologies ahead of their peers. They are outpacing other industries with their investment in artificial intelligence, on-demand platforms, the Internet of Things, and augmented/virtual reality. IT leaders in tech are focused squarely on growth, as opposed to improving business processes and operational efficiencies that take priority in other industries.
The focus on growth demands a culture that fosters innovation, retains talent, and operates in a fail-fast mindset. It is also crucial to adopt new technologies in other domains like Supply Chain, Finance, and HR to realize the full value of these disruptive technologies. And it is paramount for IT leaders to shift from a positional authority role to one of influential authority to ensure a cutting edge IT culture and environment.
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