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News from 2019-09-10 / KfW Research

Business Survey 2019 – Digitalisation

More and more businesses have firm plans for digitalisation, hurdles also more widely acknowledged

For the 3rd time, KfW Group, together with 17 trade associations, has surveyed the businesses on their digitalisation activity. The most relevant results are:

  • Two thirds of businesses (66%) have plans to implement digitalisation projects in the next two years. These plans can be observed in all business sectors
  • Problems come in to focus with increased commitment to digitalisation
  • Data security / data protection and lack of IT competences, including a shortage of qualified IT workers, as well as difficulty adapting the organisa¬tional structure and work organisation are the biggest hurdles

Business Survey 2019 – Digitalisation (Summary)

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