Slovak and Czech firms lag in digital technology

COMPANIES doing business in Slovakia and the Czech Republic are far behind the global average when it comes to their understanding, assessment, and innovation vis-a-vis digital technologies, the TASR newswire reported, citing the Digital IQ survey released by PwC on April 7.

COMPANIES doing business in Slovakia and the Czech Republic are far behind the global average when it comes to their understanding, assessment, and innovation vis-a-vis digital technologies, the TASR newswire reported, citing the Digital IQ survey released by PwC on April 7.

The survey showed that compared to the global average, three times fewer Slovak and Czech enterprises invest in digital innovation. They are also planning to fork out far less money than their colleagues abroad for this purpose in the following three-five years. While only 13 percent of the surveyed companies in Slovakia and the Czech Republic are set to invest in new mobile technologies for their customers in the near future, the figure stood at 31 percent globally. Furthermore, only 11 percent of companies in the region want to invest in mobile innovation for their employees, compared to 18 percent of firms globally.

Firms' approach toward cyber security was also assessed. Based on the survey, Slovak and Czech companies tend to deal with this issue less often than the global average. While in the two countries only 16 percent of the surveyed enterprises allocate resources to technical innovation aimed at preventing cyber risks, 39 percent of companies do so globally, TASR reported.

Furthermore, the respondents from Slovak and Czech companies revealed that the strategic IT initiatives in their firms are hampered by outdated technology (32 percent of the respondents), shortcomings with respect to planning and drafting of projects (24 percent) and shortcomings on the part of third parties (21 percent).

Source: TASR

Compiled by Michaela Terenzani from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information
presented in its Flash News postings.

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