KPMG has released its Technology Innovation Survey, identifying disruptive technologies in consumer and enterprise markets over the next four years and highlighting leading innovation markets and innovation management trends in the technology industry.

 

668 technology executives took part in the survey, representing the top 10 countries driving technology innovation. The mix included technology startups, mid-market enterprises, large technology companies, venture capital firms and angel investors.

 

Three key takeaways of the survey’s findings include:

  • The undeniable power of cloud to unleash innovations and improve productivity.
  • The still-developing transformations of an “always-on” mobile era.
  • China emerging as a force that will compete with the US to foster tech innovation and gain market leadership.

 

More than half of respondents point to the cloud (SaaS, IaaS and PaaS) as the next indispensable consumer technology and the greatest driver of business transformation. As the cloud emerges as a widespread technology and platform for new business models, disruptions in enterprise and consumer markets will continue to be a major trend to watch.

 

More than 4 in 10 said it is likely that the world’s technology innovation center would shift from Silicon Valley to another country in the next four years. Of those who believe Silicon Valley will not be the tech leader of the future, 44 percent point to China as the world’s leading innovation hub by 2016.

 

The report, Mobilising Innovation: The changing landscape of disruptive technologies, is available here.