Companies foresee new technologies transforming their businesses, but they are not sure how. Not surprisingly, they are unsure how to invest or what to expect.
That is the conclusion of a survey published Monday by McKinsey & Company, culled from 1,469 chief executive officers, chief financial officers, and chief information officers. The survey attempted to gauge how they felt about cloud computing and mobility, analytics, and digital media. About one-quarter of the respondents expect their companies to spend at least three percent of their total cost base on such digital initiatives, and two-thirds see digital business practices increasing their operating income within the next three years. Twelve percent of them thought it would raise operating income by 30 percent or more.
» via The New York Times (Subscription may be required for some content)
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