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Canadian Organizations Lag in Tech Adoption, Posing Competitiveness Risk

September 28, 2023 by Newsdesk

Canadian businesses are reporting gains from their digital transformation endeavors but continue to trail behind global counterparts in technology adoption, presenting potential risks to their competitiveness and profitability.

The KPMG Global Tech Report 2023 reveals that Canadian organizations prioritize technologies like AI and ML to catch up but grapple with limited resources. Economic challenges amplify the struggle, with 76% facing pressure to achieve more with reduced budgets.

Stakeholder value remains a focus, requiring intentional and strategic technology investments aligned with specific business goals. Utilizing XaaS solutions and embracing generative AI are identified cost-saving and growth strategies.

Want to know more? Check out the source code on Newswire.ca.

Filed Under: News Tagged With: KPMG

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