Tudor Aw, head of tech sector at KPMG UK, commented on Prime Minister Theresa May’s proposals for a Modern Industrial Strategy. He said the following:

Less than one-third of senior executives from global technology companies believe they are ‘very prepared’ to address disruptive technologies, according to a KPMG report. The survey of 580 senior executives highlights that while 67% of say that disruptive technologies are having a positive impact on the industry, 38% of respondents admit that they saw trends coming too late. Conversely, 46% of those who say disruptive techno...

  UK tech companies report that new business volumes rose at the slowest rate since mid-2013 due to uncertainty and delays with clients’ decision making ahead of the general election, according to the latest KPMG/Markit Tech Monitor UK survey.

A global study of almost 2,100 contracts covering deals worth £7.8Bn suggests that Cloud-based services are failing to capture the popular imagination of UK businesses. It also suggests that organisations are increasing the level of IT services they outsource to improve service delivery, with many investing budgets saved over the past few years on HR, sales and finance support.

KPMG has revealed that future threats from companies like Google were a key reason for its £40m investment into accounting services for small and start-up businesses.