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Nearly two in five businesses plan to ramp up technology investment 

Nearly two in five businesses plan to ramp up technology investment 

Performance DevelopmentTop Stories

Almost two in five businesses plan to scale up their investment in technology over the next 12 to 18 months to lower operational costs through Digital Transformation. 

According to a report from Capgemini, 72% of these organisations planning Digital Transformation will do so through significant investment to reduce long-term costs, amidst the pressures of an expected recession. 

Sridhar Iyengar, Managing Director of Zoho Europe, said:It is encouraging to see businesses with intent to invest in technology, with research and development a major driver of growth, even during times of economic difficulty. It enables businesses to improve their processes, addressing the needs of customers and maintaining a high standard of employee and customer experience, which is vital during times of uncertainty to remain competitive.” 

It was also found that 39% of businesses expected to maintain their current level of investment.

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