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Bigger budgets needed, says Econocom

20 June 2019

A worrying one in five businesses have failed to launch a digital transformation project, with many companies seemingly unable to get to grips wit new technology.
Figures from Econocom show there has been a sharp increase in the number of businesses launching digital transformation programmes, but points out that 20% of these are doomed to fail.
Improved productivity, better customer service and cost savings are sited as the key drivers for digital revamps.
The accountants have a key role to play here, too. While a lack of skills was a major stressor, so was a lack of budget for the project.

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