Half of tech firms plotting restructures as AI hype bites
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Half of tech firms plotting restructures as AI hype bites
"TMT clients remain unconfident, but advances in AI and new technologies are triggering urgent discussions about business restructuring,"
"To a large extent, the crises and uncertainty faced by companies are factored into planning, and the resulting fiscal caution is gradually giving way to more ambitious investment plans,"
"Some of these changes are likely to be induced by AI (organizational restructuring, digital transformation, and operating model transformation). The M&A plan is likely to be driven by a talent shortage,"
"It is impossible to hide from the impact of AI. Few organizations - if any - do not have a roadmap for AI implementation, usually with the support of external help."
Source Global Research interviewed 150 consulting clients and analyzed its database to assess TMT priorities. Sixty percent of technology-sector respondents expect to invest in organizational restructuring within the next 18 months. Fifty-four percent plan to change their target operating model, and sixty percent are considering mergers and acquisitions. Global TMT consulting revenue grew about seven percent to $8.25 billion after flat two percent growth the prior year. Telecoms clients prioritize improving technology infrastructure. Many changes are being driven by advances in AI and new technologies, and most organizations have or are developing AI implementation roadmaps with external support.
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