European businesses expect digital transformation projects to boost productivity by an average of 38% with overall Return on Investment (ROI) expected in just under 5 years Wiesbaden, DE. 21st March 2023 – New research shows that businesses have faith in technology to boost their productivity but are facing major knowledge and skill barriers to complete their digital transformation projects. European businesses expect technology digital transformation projects to boost their productivity by an average of 38% in just 3 years with overall Return on Investment (ROI) expected in just under 5 years, senior decision makers have reported. But so far, on average only 15% of organisations have completed their digital transformation projects. Almost 40% of respondents said they felt their organisation was lagging behind competitors when it came to digital transformation. The major barriers to deploying digital transformation technologies were: Lack of internal knowledge (35%), lack of internal IT people resource and skills (32%), concerns about the interoperability with existing IT infrastructure (30%) and a lack of external specialist IT support or awareness of specialist providers (30%). “This research shows that European businesses understand that the latest technology solutions can transform their business operations and help them take major strides […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
