News from 2017-06-08 / KfW Research
Business Survey 2017
Digital transformation of industries: broad basis, multiple barriers
KfW Group has conducted the 16th business survey among enterprises of all size classes, sectors, legal forms and regions. In addition to "credit access", the traditional topic, the current survey wave included a block of questions on digital transformation for the first time.
The most important results:
- to harness opportunities offered by digital technologies and applications is the most dominant motivation for investing in digital transformation.
- wholesale and foreign trade companies are blazing the trail in developing a digital presence.
- small and young enterprises are much more reluctant.
- difficulties in adapting their organisational structure and work organisation is the barrier cited most frequently.
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