NEWS
Nearly six in ten CXOs are excited by the opportunity of radical innovation as a growth strategy
Radical innovation is becoming a clear strategic necessity for ambitious global business leaders to address toughening customer demands, geopolitical instability and shareholder desire for continued double-digit growth. However, there is a significant disconnect between DeepTech intent and execution, with organisational, cultural and external factors proving to
be greater barriers to innovation than technology itself. This is according to a new global Deep Tech Index by Cambridge Consultants, the DeepTech powerhouse of Capgemini, which explores what it takes to achieve radical innovation and some of the most critical barriers faced by C-suite executives today.
Based on a survey of 750 global CXOs and 25 in-depth executive interviews, the report reveals that nearly six in 10( 59 %) CXOs consider radical innovation the most exciting type of innovation. Most( 81 %) said that defensible technological IP is important in capturing long-term value for their businesses. Interviewees stated that business leaders are increasingly turning to radical innovation as both a primary defensive and offensive strategy to survive intensifying market demands, volatile competitive landscapes and accelerating technological shifts. Despite this, the report finds a challenging disconnect between intent and execution that needs to be addressed urgently.
Based on insight from the in-depth executive interviews, CXOs are struggling to deliver impact from innovation and are actively looking to establish specific organisational conditions that move unproven, early-stage ideas cleanly from concept to a defined, realworld commercial outcome.
British workers spend nearly £ 1 billion of their own money on GenAI for work, research finds
British workers are spending close to £ 1 billion a year from their own pockets on Generative AI( GenAI) tools they use for work, according to major new research from Deloitte UK.
The findings come from Deloitte UK’ s inaugural GenAI Workforce Survey, the largest study of workplace GenAI use conducted in a single country. Based on responses from 25,000 workers across the UK, collected between May 7 and June 10, 2026, the research reveals how employees are really using GenAI in their jobs and how organisations are responding. The survey will be repeated every six months to monitor how usage evolves as the technology becomes more widely adopted.
The launch survey found that 63 % of UK working adults aged 18 – 70 say they knowingly use GenAI for work. When asked to describe what types of GenAI tools they are using, nearly half( 46 %) say they are using free tools at work, 34 % say they are using external tools paid for by their employer and 17 % say they are using in-house tools. In addition, one in six( 17 %) GenAI users pay for at least one GenAI tool themselves for work purposes. Deloitte estimates annual personal spend among UK workers is £ 958 million. x
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