2014 Technology Industry Outlook Survey

The next data-driven future

The next data-driven future

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Last year's optimism driven by cloud and mobile for revenue growth is being replaced this year with a bullish outlook for data & analytics. With the technology industry shifting to a data-driven future, emerging technologies such as the Internet of Things, wearable devices and artificial intelligence will create new opportunities for industries to evolve. 

Innovation will remain a critical differentiator for the tech sector. A significant number of companies will continue to leverage M&A investments to gain access to emerging technologies and talent, in addition to investing in R&D. 

As emerging technologies continue to change business models, security will continue to be a challenge. Tech companies will continue to invest in the development and implementation of Information Security and IT risk management technologies to manage security issues proactively.

 

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We are witnessing a convergence of technologies and business opportunity that is producing a flood of revenue in cloud, mobile, and data & analytics. These technologies are enabling new business models and increasing operational efficiencies. In virtually all sectors of the global economy, companies are leveraging technology to drive innovation and transform their businesses.

Gary Matuszak, Global Chair, KPMG's Technology, Media and Telecommunications practice

 

 

KEY FINDINGS

Select highlights and survey results from the report.

REVENUE GROWTH DRIVEN BY GEOGRAPHIC EXPANSION

Which of the following geographic markets do you believe will have the highest percentage of your company's revenue growth over the next 24 months*?

TECHNOLOGIES DRIVING REVENUE GROWTH

Which do you believe will be the biggest drivers of your company's revenue growth over the next 24 months*?

TECHNOLOGY EXECS INSIGHTS

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