Many companies from a range of industry world Reimagining industry futures Study.
The firm surveyed 1,635 Enterprises in November 2024, Including 9% in the UK, 6% in Germany and 20% in the US. Respondents were drawn from a range of industry, including financial services (13%), cars and transport (13%), energy, energy, mining and utilities (13%), and manufactory (12%).
The study has a strong 5G and internet of things (Iot) orientation, as it has done in previous yearsThe lead authors come from the firm's telecoms, media and technology (TMT) practices, rob atkinson, area managing partner for uk and ireland tmt; And Adrian Baschnonga, Global Tmt Lead Analyst.
The press statement that goes with the report says Nearly Half (47%) of the Respondents are Investing in Generative Artificial Intelligence (Genai), Genai, Compared with 43% Last Year.
Some 43% are investment in Iot, and 33% are investment in 5G technology, suggesting an upward trend from 39% and 27% respectively in 2024.
However, the report finds that businesses struggle to convert technology trials into live deployments. Only 1% of Organizations have active deployments of genai. And while Iot Investments Seems to Be Rising Year-On-Year, The Proportion of Businesses with Active Iot Deplues is in Decline, Slipping to 16% this year compared with 19% in 2024.
Active Deployments of Edge Computing Are also Flat Year-On-Year, at 22%.
Ceos get more into technology selection
The report finds decision-making enterprises is spreading out account the c-suite, with 49% of of CEOS Now involved in emerging in emerging technology strategy, including in choice of supports. Organasations where the ceo is a key decision-maker are forthher along, the report found.
Over Half (51%) of Businesses with Ceos involved in new technology decisions
“As well as pessing a challenge to unlock-term value, a failure to program beyond the trial phase means means busineses, risk missing out on the combined impact of differential Area where four in five (79%) Organisations are looking To achieve more, “said atkinson. “There could also be a danger that too many emerging technologies initiatives will be conducted in Isolation, Limiting the resulting business benefits.”
The report discovered that Respondents are limitedly aware of what it suppliers have on offer.
Some 73% said they need a better undersrstanding of the changing supplier landscape. Ey comments that this reflects “an environment where collaborative ecosystems featuring alliances between different technology providers are being the norms”.
More than half (56%) the respondents believe they lacques awareness of their technology suppliers' partners. Less than a third of organisations have high awareness of new mobile technology capabilitys
“Organisations View Ecosystem Collaboration as a Route to access new skills and capabilitys but lacques undersrstanding of changing supplier ecosystems,” Said Baschnonga. ” “With many companies under pressure to consolidate vendors, suppliers Roaches Accordingly. “
The report found the ability to scare and integrate different technologies is important to one in in four (25%) of that thats suicide.
“The Intection to Focus Spending on a Smaller Number of Key Suppliers Makes Iven more important SSISTANCE OF PARTNERS and Intermediaryies, “said atkinson. “As part of this, suppliers should take care to underline capability that extended beyond their core products.
“While Enterprises Remain Committed to Embracing Leading-Edge Technologies Like Genai, Iot and 5G, they are facing challenges in translating their investments into real business Value,” “Now is the time for Iot suppliers to reposition themselves as holistic partners to their business customers and help them realise the full benefits of their spending on their money
In the report itself, the authors say: “This year's findings show that Organizations Across All Sector Remain Committed to Investing in Emerging Technologies to Transforming Technologies to Transformations Legacy integration is top of mind. Meanwhile, ick vendors need to pay Close Attention to Enterprises' Increasing Focus on Security and Growing Demand for Ecosystem Orchestration. “
Businesses dimly aware of datacentre environmental impact
They also pick out sustainability “Sustainability Factors Increasingly Weighs About Emerging Technology Investments, with Organizations More Sensitive Than Before to the Potestally Ambivalent Role of New Technology in the decision .
Datacentres, The Report's Authority Comment, Are An Area of Low Environmental, Social, and Governance Awareness for Businesses. Half the organisations surveyed are unaware of their datacentres' emissions profiles.
Respondents are looking at a range of genai use cases, with no standout preferences, the report found. SOME 50% of Businesses to future implementations.
Data Governance Scores Highest Among Manufacturers (46%) as a genai concern, while capturing productivity gains ranks ranks top am's Ey's Eye's Respondents in the Consumer (48%) and Energy (47%) Sectors (47%) Sectors.
Across all sectors, the most favorite genai use cases are software development, customer service and employee training or collability. However, Financial Services, Healthcare and Manufacturing Respondents Rated Predicive or Real-Time Operations and Supply Chain Management as Top-Five Genea Use Cases.
Upskilling and more collaboration
The report says the two most important changes that Organisations can make are employee upskilling and deeper collaboration Across Across Business Functions.
On a Country Level, Education and Employee Upskilling is highly ranked by German Respondents (36%), What Deeper Collaboration Between Business Functions Leads as an Action Among Chinese businesses (31%).
Elsewhere, Indian (20%) and Japanese (18%) Businesses are most likely to prioritise collaboration with suppliers.