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London Businesses Among Top 10 Most Optimistic in the World About Their City’s Environment to Support Their Digital Ambitions

The Economist Intelligence Unit (EIU) has released a global research project commissioned by Telstra, a leading telecommunications and technology company, which assesses the confidence of business executives in their city’s environment and its conduciveness to supporting the digital ambitions of companies. The ‘Connecting Commerce’ report includes the first ever Digital Cities Barometer, a ranking of 45 cities around the world across…

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71% of companies consider digital as a growth engine

Are SMEs aware of the impact of digital on their growth? The second “Growth and digital” barometer of the Acsel and Ipsos, tries to demonstrate this correlation and to make companies aware of the digital issue. 606 companies with 10 to 4999 employees were interviewed to understand their expectations. 2.5 times more likely to have stable growth 71% of companies…

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DIGITAL TRANSFORMATION CAN REDUCE PROCUREMENT COSTS BY UP TO 24%

Typical procurement organizations can substantially narrow the gap between their cost levels and that of top performers, and top performers can become even better by leveraging digital transformation, according to new world-class procurement research from The Hackett Group, Inc. World-class procurement organizations now operate at 22 percent lower labor costs than their peers, and have 29 percent fewer staff, while…

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Bitkom publishes digital guide for SMEs

German industry group Bitkom has issued a new guide for SMEs on digitisation of their business. The ten-step guide is available free to download from the Bitkom website. Research by the group found that 55 percent of medium-sized companies see digital transformation as a key challenge for their company. READ MORE: Third of enterprises not ready for digital transformation, Ovum warns…

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