Tech fright

Tech fright

Tech fright

It's not just consumers who want an innovation go-slow, writes Steve Mullins. Close to 60% of CEOs say they are concerned about the speed of technological change, up from 47% last year, according to PwC’s latest Global CEO survey. What kind of tech gets them going? Mobile technologies are seen as being most important to their company, followed by data mining and analysis (80% of respondent CEOs), socially enabled business processes (61%) and cloud computing (60%).

Three-fifths of CEOs are now worried about cyber security compared with 48% a year ago. No surprise, then, that 78% see security technologies as strategically important. 

CEOs think technology is key, and they aren’t willing to be hands-off in this arena - 86% say it’s essential that they themselves champion the use of digital tech. 

CEOs know they must adapt to disruptive changes, says Didier Mouget, managing partner at PWc Luxembourg. “Finding new ways of thinking and working in this new competitive landscape is critical to success.”

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Open, connected

Open, connected