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US, China to lead global tech innovation

Last updated on: June 29, 2012 08:06 IST

US, China to lead global tech innovation

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While India has made significant progress on innovation front, the US and China will remain at the forefront of global technological innovation with the cloud-enabled consumer technology and business transformation for enterprises leading the chart, a KPMG survey has said.

"Technology executives worldwide believe that China and the US will be at the forefront of technological innovation, with the cloud technology enabling both the next indispensable consumer technology and business transformation for enterprises," it said.

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Image: Microsoft representatives hold the Surface tablet computer as it is unveiled in Los Angeles.
Photographs: David McNew/Reuters.
Tags: KPMG , China , US , While India

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According to the survey, mobile technologies will continue to build on the cloud platform, providing breakthroughs to transform businesses.

The 'Global Innovation Survey' by the consulting giant pointed out that India has also made significant progress in the path of innovation.

KPMG surveyed executives from technology industry start-ups, mid-sized to large enterprises, venture capital firms and angel investors to identify disruptive technologies.

"India has made substantial and rapid strides on the path of innovation-based development and managed to adapt and implement a number of measures to support this development," it said.

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Image: Aakash Tablet.
Photographs: Reuters.
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The Indian Government has also invested significantly in technology. Communication technology like 3G has already made a mark in the country and the introduction of 4G will be a key enabler for most of the businesses, the survey said.

"The cloud platform has been leveraged and several e-governance initiatives have been launched. While the government is one of the primary pillars to drive innovation

and cutting-edge technology, involvement of the private sector is equally important for swift and effective enablement," the survey said. 

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Image: 3G-compatible BlackBerry Curve 9320 smartphone.

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The survey report said China will challenge the leadership of US in the field of technological innovation.

"There will be a potential challenge to Silicon Valley's position as technology innovation centre," it said, listing Apple as the top innovator in the world followed by Google and Microsoft.



Image: Apple Inc. logo is seen on the steps of the East Balcony leading to the Apple store in New York City's Grand Central Station.
Photographs: Mike Segar/Reuters.

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