KPMG: investments in technology have brought profits to 87% of companies.


Technology is a key success factor for modern companies
According to the KPMG Global Tech Report 2024, technology is a key factor of success for modern companies, and 87% confirm that their investments in technology bring profit growth, which is 25% higher than in 2023.
Most organizations are satisfied with the results of their technological solutions
The study also indicates that most organizations use an evidence-based approach to evaluate their technology portfolios, and 80% of leaders with a high level of maturity in data are satisfied with the results of their technological solutions.
Cybersecurity issues may slow down digital transformation
However, cybersecurity and privacy issues may slow down digital transformation, as 35% of organizations intend to improve their data security measures in the next year. Artificial intelligence is already helping to increase the productivity of specialists in 74% of companies, but 78% believe that the rapid pace of change complicates their implementation. Moreover, many enterprises are only partially developing a data-driven culture and consider this to be one of the most effective methods of achieving business goals.
Many companies consider artificial intelligence a 'black box'
The report also indicates that many companies consider artificial intelligence a 'black box' that slows down its implementation. Furthermore, a significant obstacle to responding to market changes is centralized decision-making.
Read also
- Britain is ready to finance Ukrainian interceptor drones as early as this month, - Zelensky
- Why Russians have started using 'Kalibr' missiles more frequently: explanation from the Navy
- Children Aged 13 to 17: How Russians Are Using Teenagers for Diversions
- Violent Disappearances: Who Becomes Victims of Occupants in Crimea
- Russians Failed the 'Deadline' on Torske: Armed Forces of Ukraine Disrupted the Occupants' Plans
- Russians Refused Tanks: How Tactics Changed in the Toretsky Direction