When it comes to investing in technologies, be they emerging or well-established, CIOs are not short of options. Credit: KPMG Author: John Roy When it comes to investing in technologies, be they emerging or well-established, CIOs are not short of options. But with so many being positioned as the “next best thing”, it’s easy to see how making choices becomes difficult. Some organizations are driven by a desire to lead; others are driven to be fast followers; and the rest – quite possibly – driven to madness. The 2019 Harvey Nash/KPMG CIO Survey, the largest IT leadership survey in the world, asked respondents to quantify their adoption in different areas, and the results make fascinating reading. The latest waves of technology investment include: the internet of things, on-demand platforms, robotic process automation, and artificial intelligence (AI) / machine learning (ML). At least one-fifth of organizations have at least a small-scale implementation in these technologies. Over time we expect these to grow, and we expect much of this to be driven by business-led investment. KPMG Quantum computing It is interesting to see that 4 percent of organizations have implemented quantum computing to at least some degree. This technology is so early-stage that some commentators don’t even believe it will have a commercial application, so this figure feels surprisingly high. That said, we are seeing technology companies race to release the potential of quantum computing in industries like pharmaceuticals, financial services and energy. Quantum computing uses the unique (and what Albert Einstein considered “spooky”) ability of sub-atomic particles to be in two states at once. By using these particles as computing “bits” (or “qubits”), computer instructions can occur concurrently, more quickly and using less energy. It’s early days, but if quantum computing does become more widely proven and available, it may change the shape of computing forever, including rendering current cryptography techniques redundant. To read the full findings from the CIO Survey 2019 report and understand how digital leaders are outpacing their competitors in delivering real business results, please click here. Related content brandpost Is Frictionless Application Security Possible? Fueled by new techniques and methodologies such as agile, DevOps and CI/CD, the pressure on developers to deliver faster has never been greater. By Yen Hoe Lee Sep 03, 2020 6 mins IT Leadership brandpost The Road to Modern Delivery: Low code development, market speed, and the Future of IT In our conversations with IT leaders, migration to digitally integrated operating models has taken on new urgency. By KPMG Aug 21, 2020 7 mins IT Leadership brandpost Why so fast? Navigating your path to Market Speed COVID-19 has fundamentally changed the way organizations operate, what their customers and employees expect, and has created opportunities for business model innovation. By Sebastian McCabe Aug 13, 2020 6 mins IT Leadership brandpost Becoming Cloud-Smart: The C-Suite’s Role Strategies for Integrating Cloud into Business Operations By Teresa Meek Aug 10, 2020 6 mins IT Leadership Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe