A majority of CEOs in a variety of industries think the next three years will be more critical than the last 50 years—with technology playing a key role, according to recent research from advisory firm KPMG. In fact, the forces creating this inflection point will be rapidly evolving technology and the speed of transformation it unleashes, according to the report.

Two-thirds of the 400 U.S.-based CEOs in 11 industries in March and April 2016 think the next three years will be more critical for their industry than the previous 50. While confident about growth prospects, CEOs think technological change will be one of the biggest factors impacting growth over the next three years, second only to economic factors.

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