U.S. Technology Investments Only 6%

According to Bub Suh, the chief technology strategist for Accenture, U.S. companies are now falling behind global competitors in driving productivity and earnings growth from technology.

“This is because U.S. companies deploy most of their fresh capital to fortifying older systems while more companies in Europe and Asia invest in newer systems from the ground up,” Suh wrote in an e-mail press release.

When executives were asked in an Accenture poll whether they want to be a leader in adopting technology or a late follower, only 6 percent in the U.S. said they want to lead, compared to 15 percent in Europe and 19 percent in China.

“[Meanwhile], the Chinese are aggressively forward investing,” Suh points out. “In our research, a full 70 percent of Chinese companies are committing a major part of their business to Web services, compared to 48 percent for European companies and 42 percent for U.S. companies.”

According to Bub Suh, the chief technology strategist for Accenture, U.S. companies are now falling behind global competitors in driving productivity and earnings growth from technology.

“This is because U.S. companies deploy most of their fresh capital to fortifying older systems while more companies in Europe and Asia invest in newer systems from the ground up,” Suh wrote in an e-mail press release.

When executives were asked in an Accenture poll whether they want to be a leader in adopting technology or a late follower, only 6 percent in the U.S. said they want to lead, compared to 15 percent in Europe and 19 percent in China.

“[Meanwhile], the Chinese are aggressively forward investing,” Suh points out. “In our research, a full 70 percent of Chinese companies are committing a major part of their business to Web services, compared to 48 percent for European companies and 42 percent for U.S. companies.”

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