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A changing perspective

A changing perspective

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SUMMARY

This report reveals that 40% of companies surveyed expect their business model or service or product offering to change significantly over the next three years.

Various types of companies regardless of the size mentioned that they were planning to go through these changes and the reason for this is to be closer to consumers. A significant share of companies is not allocating extra investments to handle the digital transformation. However, this year has seen the largest share of firms increase their investments in technology. The driving element behind this investment has much to do with emerging technologies such as AI and automation and data analytics. 

A very significant proportion of companies are betting on cloud computing – around 50% of companies are adopting it on a wide scale. The paper notes that respondents believe that around 10% of their workforce – and in some cases 20% - will be replaced by emerging technologies.

According to this document, nearly 70% of companies allow business-managed IT investment and around 10% encourage it in an active way. The research includes a chapter about digital leaders who are better performers than competitors from many different aspects. For these companies and their board's value creation is more important than efficiencies, and speed and agility come as business priorities.

OUTLINE

Priorities and investment

AI, cyber-risk, privacy and trust

Technology expert viewpoints

Technology and business performance

Outsourcing and the role of women

Tech leaders

DETAILS

Overview

Researchfinder Rating
5 out of 5 stars
Title
A changing perspective
Region
Global
Published
June 12, 2019
Publisher
KPMG
Price
FREE
Language
ENGLISH

Content

Number of Pages
32
Number of Tables
2
Number of Exhibits
15
Topics
ai, software
Tags
AI, artificial intelligence, automation, cloud computing, cyber security, digital transformation, gender gap, global, KPMG, privacy, robotics, security, software
Companies mentioned
Coca-Cola, NexisLexis, Lendlease, Allianz, Maersk, Quantas Airways, AIG
Methodology
This report is based on a survey of over 3,500 respondents from 108 countries.
EVALUATION

What makes this report an excellent read is its quality content and excellent graphs.

Positives:

  • Great graphs
  • Clear language
  • Insightful findings
  • Comments by industry experts

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