MADRID, 12 (EUROPEAN PRESS)
57% of companies plan to invest more in technology over the next two years and 35% are committed to at least retaining the investment, according to a study published this Friday by Telefónica Tech.
In the study ‘Sowing the digital seeds for the future’, lack of budget was shown as the biggest limitation to complying with the company’s technology strategy, according to more than 810 professionals from Germany, Brazil, Spain, UK and Republic of Ireland. .
Among the main limitations raised by companies were the lack of budget and internal skills, which were mentioned by between 41% and 32% of respondents. Followed by partner constraints (30%) and unproven technology and strategy options (both 24%).
PANDEMIC EFFECT
60% of consulted organizations have highlighted that their companies are in a better position than before the pandemic, with 42% of Spanish organizations consulted to accelerate their digital strategy. However, slightly more than a quarter of the study participants (28%) still only took care of their immediate needs in technology.
Likewise, 72% of Spanish companies have admitted that they will have to make emergency purchases to adapt to the pandemic which will not add value in the long run.
However, more than half of the respondents have improved their efficiency compared to the pre-pandemic stage with biotech (80%), retail (76%) and finance (72%) as prominent sectors.
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