EY survey: Tech leaders to invest in AI, 5G, cybersecurity, big data, metaverse
TechRepublic May 23, 2023
Generative AI is of particular interest to leaders for the benefits of cost savings, efficiency and effectiveness
Economic perils notwithstanding, 94% of tech leaders are committed to investing in new tools and technologies, including AI, according to a survey by EY.
The new poll suggests tech leaders view this investment strategy, particularly for cybersecurity, as a way to weather geopolitical uncertainty and the economic downturn. Ninety-four percent of respondents to the poll said innovation will help their firms emerge from the current economic situation stronger.
In addition, 78% of those polled said remote work positively impacted their company’s innovation goals, and 81% said their company plans to make an innovation-related acquisition in the next six months.
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