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Opportunity for startups as ‘UK CEOs increasingly looking for innovation partners’

CEOs

CEOs in the UK are increasingly looking to work with startups in a bid to drive innovation and support their growth objectives.

That’s according to KPMG’s 2018 Global CEO Outlook a survey of 150 UK leaders and 1,150 global CEOs.

The survey found that 61% of CEOs in the UK are relying on a network of third-parties to support their growth and innovation plans, compared to just 53% globally.

Partnering with third-party cloud tech providers topped the list of actions for CEOs who are planning to take over the coming three years (65%), followed by collaborating with innovative startups (61%).

Additionally, the data showed that 70% of UK CEOs agreed that the only way for their organisation to become more agile was to increase third-party partnerships. Only 53% of CEOs outside the UK said the same. ...