UK companies are struggling to keep pace with technological advances but see technology disruption as an opportunity rather than a threat, according to KPMG’s CEO Outlook 2017.
As a part of the annual survey, 150 UK business leaders were asked how technology was affecting their business. Charting their views, one third (37 per cent) felt their organisations were struggling to keep pace with technological advances. They also see piloting emerging technologies, attracting strategic talent and building data collection capabilities as their top worries over the next three years.
However, even though 40 per cent of the CEO cohort expect technology innovation to cause major disruption in the coming three years, they remain optimistic about the opportunities it brings. Over two-thirds said that technology disruption is more of an opportunity than a threat.
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