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1、KPMG Technology and Telecommunications CEO OutlookKPMG.Make the Difference.KPMG I years KPMG CEO Outlook provides a revealing view into the objectives,challenges and strategies at the top of the agenda for technology and telecommunications CEOs.We learned that while this sectors CEOs are realistic a
2、bout the challenges facing their companies,they also maintain optimism about prospects for their industries and their companies in particular.In many cases,this assessment represents a modest uptick from our last years survey.As with many industries,technology and telecommunications benefit from the
3、 continued growth of the global economy.Global inflation is expected to fall to 4.5 percent by the end of 2024,and that momentum will carry through into 2025.Many global central banks expect a slower decline as inflation levels approach their respective targets.Central banks are expected to roll bac
4、k their restrictive policies in the second half of the year,providing a boost to growth in 2025 onward.1Not surprisingly,generative AI(Gen AI)was recognized as having the potential to significantly affect the technology and telecommunications sector,promising to impact productivity,marketing,product
5、 development,the customer experience and many other areas.Sector CEOs also cited global economic uncertainty and geopolitical complexities as problematic,which comes as no surprise considering the international footprint of most companies in our survey.What I find promising is that,despite the many
6、macroeconomic and geopolitical challenges,confidence remains relatively robust.Nearly three-quarters of sector CEOs are optimistic about growth in their industries.In addition,they recognize the importance of environmental,social and governance(ESG)priorities that support net-zero goals,the workforc