The Economist Intelligence Unit, commissioned by ANZ institutional, surveyed over 750 executives across the technology, resources, energy and infrastructure, food, beverages and agriculture and financial services industries in eight key markets: Australia, China, Hong Kong, New Zealand, Singapore, United Kingdom, United States and India.
The survey, conducted in the spring and summer of 2019, was designed to capture insight into the role of technology in corporate growth, sustainability and the macro-economy.
Where are you located?
What sector are you in?
Food, Beverage & Agriculture
Resources, Energy & Infrastructure
Financial Services
Technology
Other
How important will technology be to global economic growth five years from now?
MUCH LESS IMPORTANTMUCH MORE IMPORTANT
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Agree or disagree? The supply of technology products and services from the technology industry meet our demands.
STRONGLY DISAGREESTRONGLY AGREE
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What is your primary consideration?
Compared to your peers in Hong Kong, you are a forward thinking organisation, with an alignment score of 82.4% in Economy.
Compared to your peers in Agriculture & Agribusiness, you are a forward thinking organisation, with an alignment score of 82.4% in Economy.
How important will technology be to global economic growth five years from now?
You answered: More important.
MUCH LESS IMPORTANTHong KongMUCH MORE IMPORTANT
MUCH LESS IMPORTANTHong KongMUCH MORE IMPORTANT
Agree or disagree? The supply of technology products and services from the technology industry meet our demands.
You answered: Neither agree nor disagree.
Strongly DisagreeHong KongStrongly Agree
STRONGLY DISAGREEHong KongSTRONGLY AGREE
What are your primary consideration?
You answered: Company reputation
Company age
Price
Company reputation
Company size
Company location
Ongoing development and investment in the technology/platform
Company age
Price
Company reputation
Company size
Company location
Ongoing development and investment in the technology/platform
In what way does technology enable you to expand your business internationally?
Is your organisation ready to seize the potential opportunity presented by technology in terms of:
People
NOT YET READYVERY READY
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Processes
NOT YET READYVERY READY
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Efficiency
NOT YET READYVERY READY
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What is the biggest challenge facing your organisation in terms of harnessing technology?
How significant are corporate sustainability initiatives to your organisation today?
VERY INSIGNIFICANTVERY SIGNIFICANT
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What makes corporate sustainability important for your organisation?
At your organisation, what is the biggest expected benefit from technology as it relates to corporate sustainability initiatives?
Compared to your peers in Hong Kong, you are a forward thinking organisation, with an alignment score of 82.4% in Technology.
Compared to your peers in Agriculture & Agribusiness, you are a forward thinking organisation, with an alignment score of 82.4% in Technology.
In what way does technology enable you to expand your business internationally?
You answered: By making more market information available.
By making trading across borders easier
By easing communication
By making more market information available
By increasing access to customers
By lowering costs of transporting goods and services
By improving data analytics
We do not plan to do business internationally
By making trading across borders easier
By easing communication
By making more market information available
By increasing access to customers
By lowering costs of transporting goods and services
By improving data analytics
We do not plan to do business internationally
Is your organisation ready to seize the potential opportunity presented by technology in terms of:
People
You answered: Somewhat ready.
NOT YET READYHong KongVERY READY
NOT YET READYHong KongVERY READY
Processes
You answered: Very ready.
NOT YET READYHong KongVERY READY
NOT YET READYHong KongVERY READY
Efficiency
You answered: Not ready.
NOT YET READYHong KongVERY READY
NOT YET READYHong KongVERY READY
What is the biggest challenge facing your organisation in terms of harnessing technology?
You answered: Cost/funding.
Organizational culture
Organizational culture
Company reputation
Complexity of data
Lack of employee skills
Lack of senior management awareness
Lack of processes
Cost/funding
Hard to determine return on investment
Risk
Regulation
Lack of technology standards
Lack of country infrastructure
Lack of organisational connectivity
Organizational culture
Organizational culture
Company reputation
Complexity of data
Lack of employee skills
Lack of senior management awareness
Lack of processes
Cost/funding
Hard to determine return on investment
Risk
Regulation
Lack of technology standards
Lack of country infrastructure
Lack of organisational connectivity
Compared to your peers in Hong Kong, you are a forward thinking organisation, with an alignment score of 82.4% in Sustainability.
Compared to your peers in Agriculture & Agribusiness, you are a forward thinking organisation, with an alignment score of 82.4% in Sustainability.
How significant are corporate sustainability initiatives to your organisation today?
You answered: Significant.
VERY INSIGNIFICANTHong KongVERY SIGNIFICANT
VERY INSIGNIFICANTHong KongVERY SIGNIFICANT
What makes corporate sustainability important for your organisation?
You answered: It improves profitability.
It is a legal or regulatory requirement
It improves profitability
It contributes to a positive brand image
It improves stakeholder sentiment
It helps to attract talent
It is a legal or regulatory requirement
It improves profitability
It contributes to a positive brand image
It improves stakeholder sentiment
It helps to attract talent
At your organisation, what is the biggest expected benefit from technology as it relates to corporate sustainability initiatives?
You answered: Increased innovation.
Reduced cost
Enhanced products or services
Greater access to customer data and better understanding of customer habits
Improved transparency
Decreased rates of fraud and abuse
Improved organizational regulatory compliance
Increased innovation
Improved revenue growth
Improved internal efficiency
Reduced cost
Enhanced products or services
Greater access to customer data and better understanding of customer habits
Improved transparency
Decreased rates of fraud and abuse
Improved organizational regulatory compliance
Increased innovation
Improved revenue growth
Improved internal efficiency
Produced by The Economist Intelligence Unit.
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