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U.S. CEOs focused on game-changing investments in Generative AI and M&A to drive growth

1 year ago
The 2023 KPMG U.S. CEO Outlook report is in, and CEOs are prioritizing investments in Generative AI and are hungry for transformational M&A opportunities to drive growth. In the current environment, CEOs realize it’s also mission critical to remain agile to respond to unforeseen challenges, including heightened geopolitical risk and ongoing economic uncertainty. These are the key takeaways from our CEO Outlook, which provides insights from over 1,300 CEOs globally, including 400 in the United…
KPMG

A roadmap to Generative AI: KPMG survey reveals what it will take to harness this transformative technology

1 year ago
A lot has been said about what Generative AI tools can and cannot do. The bottom line: these tools will have a pivotal role and businesses stand to gain from implementing them. In the interim period, where do leaders stand on this emerging, transformative technology? What are the opportunities and risks? More importantly, what is the roadmap that businesses should follow? To better understand how business and technology leaders are thinking about Generative AI, in March 2023 KPMG surveyed 300 global…
KPMG

What makes a company excel at digital transformation?

1 year ago
Drumroll, please. The best navigators of digital transformations are tech firms. Approximately 7 in 10 leaders of tech companies are confident about using their existing technologies to grow, boost efficiency and turn risk into opportunity. In terms of confidence with one criteria, data and analytics, technology companies scored 61 percent compared to 49 percent for all other companies. This is from the 2023 KPMG US Technology Sector Insights Report, which provides insights from U.S.-based IT executives…
KPMG

5 keys to launching a reimagined tax department

1 year ago
The tax department is on the cusp of a major transformation. Whatever the issue that tax faces — responding to constantly changing regulations, increasing ESG pressures, hiring talent or predicting the next big business decision — the underlying solution lies with technology and innovation. The KPMG 2023 Tax Reimagined: Perspectives from the C-suite report, which surveyed 500 C-suite executives at companies generating an annual revenue of $1 billion or more, uncovered that with smarter-than-ever-technology…
KPMG

Coffee, pastry shop opens in Commerce Bank Tower lobby

1 year ago
When the bank developed plans to add an amenity for its employees at its new office tower at 8001 Forsyth Blvd., Julie Keane’s business was a natural choice, said Chuck Kim, chief financial officer and executive vice president of Commerce Bank’s holding company.
James Drew