Technology Industry CEO Outlook

Insights on tech transformation, risk, talent, and ESG in 2023 and beyond

Mark Gibson

Mark Gibson

Partner, Advisory, NSL & Teams, KPMG U.S.

+1 206-913-6558

Technology companies have demonstrated resilience and ingenuity in the last three years. They kept the world connected during the pandemic and their products enabled new ways of working across all industries that kept employees productive and the wheels of industry and the global economy turning.

This recent track record promotes confidence in the tech industry to navigate the current geopolitical and economic turmoil. 86 percent of tech CEOs are confident about their company’s growth prospects over the next three years. They see the opportunities for innovation and growth in uncertain times.

Featuring CEO insights from 110 large, global technology companies, the Technology Industry CEO Outlook reveals new insights in the areas of technology transformation, the evolving risk landscape, the struggle for talent, and the rising importance of ESG initiatives. Key insights include the following:


prioritize capital investment in buying new technology, as opposed to 36% who prioritize developing workforce skills and capabilities


see their workforce being fully remote or hybrid going forward, compared to just 35% across all industries


agree that ESG programs improve financial performance, up from 38% last year

Threats to technology company growth over the next three years:

Operational issues 14%
Emerging/ Disruptive tech 12%
Reputational risk 12%
Political uncertanity 11%
Interest rates 9%
Cybersecurity 8%
Climate change 8%
Regulatory concerns 8%
Internal unethical culture 7%
Return to territorialism 6%
Talent 4%
Supply chain 1%
Tax 0%

For additional insights, please read the report: