Michael Steinhart

Economic uncertainty has spurred many tech executives to pump the brakes on riskier innovation projects, but digital transformation is still perceived as the right target for investment. Leaders interviewed in February 2023 by Deloitte see it as worth the money and rife with opportunity.1Executives surveyed ranked modernizing digital infrastructure as high in potential benefit and relatively low in terms of the challenges in achieving it.

The sports and media and entertainment industries are both faced with the challenge of engaging more deeply with fans—especially those in the Generation Z cohort—and creating experiences that keep consumers coming back for more. To explore these considerations in detail, Deloitte’s industry leaders recently discussed their perspectives and outlooks for the sports and media and entertainment industries in 2023.

The tech industry has been in upheaval for the past few quarters, and the uncertainties don’t seem to be getting any more certain in the near term. United States and European governments are spending over US$100 billion to grow local semiconductor production,1 but macroeconomic factors and a shift from shortage to oversupply are near-term challenges.2 The same global and macroeconomic uncertainties may harry the tech industry as a whole, with the potential to put manufacturing and growth at risk.