COVID-19 forces one of the biggest surges in technology investment in history, finds Harvey Nash/KPMG survey


COVID-19 forces one of the biggest surges in technology investment in history, finds Harvey Nash/KPMG survey




HONG KONG, Sept. 25, 2020 /PRNewswire/ — Companies spent the equivalent of around US$15bn[1] extra a week on technology to enable safe and secure home working during COVID-19, reveals the global 2020 Harvey Nash/KPMG CIO Survey. This was one of the biggest surges in technology investment in history – with the world’s IT leaders spending more than their annual budget rise[2] in just three months, as the global crisis hit, and lockdowns began to be enforced.


The largest technology leadership survey in the world of over 4,200 IT leaders, including over 100 leaders from mainland China and Hong Kong, analysed responses from organizations with a combined technology spend of over US$250bn. Surveyed CIOs in mainland China and Hong Kong

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