A recent KPMG survey of 400 U.S.-based executives highlights a surge in competitive pressure to invest in emerging technologies, with 73% of respondents citing market competition as a growing concern, and 81% stating they are struggling to keep pace with rapid technological advancements. Financial constraints are a key challenge, as 56% of organizations lack the The survey also revealed positive outcomes, with 88% of U.S. executives reporting improved profitability and performance as a result of digital transformation, marking a significant jump from the previous year. AI adoption is progressing, with 74% of respondents generating business value from AI implementations, although challenges remain in scaling AI and improving data governance. The survey emphasizes the need for a stronger focus on data modernization, as U.S. organizations lag behind global peers in data science and analytics practices. Sustainability is another area of focus, with 71% of U.S. companies aligning their tech investments with environmental and social responsibility goals.
KPMG Survey Highlights Increased Tech Pressures on U.S. Firms
budget to meet the demands of modernization. Despite prioritizing new technology adoption, many companies face disruptions from legacy systems, further complicating their digital transformation efforts. Cybersecurity remains the top priority and the biggest barrier to transformation, emphasizing the need for stronger security measures and modernization of outdated infrastructure.























