We no longer support this browser. Using a supported browser will provide a better experience.

Please update your browser.

Close browser message

Treasury and Payments

Improve your working capital, reduce fraud and minimize the impact of unexpected disruptions with our treasury solutions—from digital portals to integrated payables and receivables—all designed to make your operations smoother and more efficient.

Learn more about our treasury solutions:

Credit and Financing

Prepare for future growth with customized loan services, succession planning and capital for business equipment or technology.

Learn more about our credit and financing solutions:

Commercial Real Estate

Get the strategic support to be successful throughout market and real estate cycles with insights, hands-on service, comprehensive financial solutions and unrivaled certainty of execution.

Learn more about our commercial real estate solutions:

International Banking

Global opportunities mean global challenges. But real success means understanding the local markets you serve—which is why we bring the business solutions, insights and market perspective you need. 

Learn more about our international banking solutions:

Technology

How Businesses View Technology: The Good, the New and the Disruptive


The majority of business leaders have felt some impact from disruptive technology, many have taken action to prepare for it and most are investing in new technology to keep up with the competition, according to a new JPMorgan Chase Executive Advisory Board survey.

The pace of disruption—new or enhanced technology that displaces an established one and shakes up an industry—is accelerating and affecting more businesses every year. The majority of executives polled in the most recent Executive Advisory Board survey seem to be aware of this phenomenon and are on the lookout for disrupters. Many are taking preventative measures and investing in technology to keep up with the pack or in some cases, get ahead of it.

Get a closer look at how business leaders are viewing disruptive technology’s opportunities and challenges and how they believe it’s shaping the competition.

 

Preparing for Disruption

90%

of respondents said they have felt at least a little impact from emerging or disruptive technology

 

Nearly all of the businesses surveyed feel some heat from the disruptive technology fire. But only 14 percent report that it has impacted them to a great extent. Designating an in-house person or team to identify threats and opportunities is the most common response (40 percent) by businesses that prepare for disruption.

Which of the following actions has your organization taken to prepare for technology disruption?

40% Designated in-house person or team for identifying threats and opportunities
31% Developed proactive countermeasures
30% Collected additional data for analysis
23% Created a contingency plan
17% Hired external consultant
10% Have taken other actions
10% Purchased interruption insurance
23% Have not taken any action yet

 

In With the New Tech

88%

of respondents’ organizations are investing in new technology with a two-year timeframe

 

Most businesses have either invested in new technology in the past year or are planning to invest in the coming year. The top three factors that affect investment decisions, according to the survey, are functionality (72 percent), overall cost (66 percent) and integration with existing infrastructure (62 percent). Less than a quarter of respondents say the age or size of the company from which they’re purchasing the new technology matters.

 

Keeping Pace With the Competition

When it comes to new technology, would you say your organization is keeping up or falling behind your competitors?

Pie chart

While 57 percent of businesses see cost as the greatest barrier in new technology investment, almost three-quarters say they’re keeping up with the competition in this regard. Organizations based in the Midwest and South are slightly more likely to report feeling like they’re falling behind than organizations in the Northeast and West.

U.S. regional map

 

Learn more about how to harness innovative technology to help take your business to the next stage.


Get in Touch

Prefer to talk directly to one of our experts?