{{Article.Title}}

{{Article.SubTitle}}

By {{Article.AuthorName}} | {{Article.PublicationDate.slice(6, -2) | date:'EEEE, MMMM d, y'}}
{{TotalFavorites}} Favorite{{TotalFavorites>1? 's' : ''}}
{{Article.Caption}}

Proactis has released its “eRecovery Report,” detailing how major companies are investing in digital transformation. With 90% of major U.S. businesses looking to expand operations or open up new trade opportunities overseas in the next five years, it will be critical for contractors to keep pace.

Findings include: 

  • The top four reasons for digital transformation are to create efficiencies (23%), increase profitability (21%), improve compliance with regulation (19%) and cut costs (19%).
  • Those companies intending to increase overseas trade expect to grow revenue by an average of 22.3% over a five-year period.
  • Approximately one-quarter of major U.S. business leaders cited supply-chain disruption as a key barrier to achieving their goals in 2022, while 40% of businesses with supply-chain concerns have invested in software to tackle the issue.
  • U.S. businesses are set to invest $4.4 trillion in digital recovery following global disruptions. 

To read the full report, visit tinyurl.com/3hrw5sew.

Print

 Comments ({{Comments.length}})

  • {{comment.Name}}

    {{comment.Text}}

    {{comment.DateCreated.slice(6, -2) | date: 'MMM d, y h:mm:ss a'}}

Leave a comment

Required!
Required! Not valid email!
Required!