Four in 10 large UK companies consider building resiliency, boosting profitability, and improving sustainability as key benefits of digital transformation Nearly half (45%) believe the government should provide more incentives for businesses to invest in R&D BENGALURU, India and LONDON, May 16, 2023 /PRNewswire/ — New research commissioned by UST , a leading digital transformation solutions company, finds a third of large UK companies cite a lack of technical skills in-house (33%) and too many legacy IT systems in place (33%) as key factors delaying digital transformation. Another key factor raised by nearly a third of respondents was concern amongst their workforce about automation taking away jobs (31%). While UK digital spending is projected to increase 5.2% year-over-year in 2023, the findings show UK businesses are unable to fully take advantage of technology advancements. The research surveyed 200 senior decision makers in large UK companies with an average turnover of over £9 billion. Other key findings include: Adopting the right technologies can help organisations build resiliency, reduce operating costs, and improve sustainability: In terms of the immediate benefits of investing in digital transformation, respondents rated building resilience to cope with future disruption highest (41%), followed by lowering of costs […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
