Summary
This technical report presents findings from KPMG's 2024 Global Technology Report, which surveys 2,450 technology executives across various industries. The report addresses the challenges organizations face in keeping pace with rapid technological advancements and the resulting fear of missing out (FOMO) that influences investment decisions. It outlines how organizations are shifting from reactive to proactive strategies, emphasizing the importance of evidence-based decision-making in technology investments. The report highlights that while many executives still look to competitors for guidance, there is a growing trend towards relying on third-party insights and in-house trials. Additionally, the report identifies a group of high-performing organizations that prioritize measurable outcomes and strategic planning in their technology initiatives. The insights gathered aim to help organizations navigate the complexities of digital transformation while mitigating risks associated with hasty investments.
