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More spendings on digital transformation

Polish companies plan to significantly increase expenditure on new technologies. More than half of large and medium-sized enterprises in the financial, commercial, logistics and production industries intend to spend more than 5% in the near future. Revenues for technological investments, according to the Digital Transformation study conducted by EY in the first quarter of the year on a sample of 500 medium and large companies in Poland.

The money will be allocated, among others, to: in cybersecurity, cloud services and AI solutions. The percentage of companies that are not eager to invest in transformation is even smaller than in the financial sector, which is usually at the forefront of technological innovation.

“Compared to four years ago, the percentage of enterprises that treat such investments as a priority has more than doubled – from 38 to 84%,” the report showed. It recalled that in the previous edition of the study, carried out four years ago, entrepreneurs perceived digital transformation primarily as a way to reduce costs. Now they see it primarily as a tool providing new development opportunities.

“The industry is relatively the most cautious in declarations, where – as EY points out – as many as 15% of organizations plan to allocate less than 3% of their budget to digital transformation. On the other hand, there is logistics. Here, the planned budgets are relatively high. The percentage of companies that do not eager to invest in transformation is even smaller than in the financial sector, which is usually at the forefront of technological innovations,” we read in the article.

The second most important thing in the hierarchy was related training for employees in digital competences. “Artificial intelligence, which has been heating up investors and commentators for over a year, is only fifth on the list of technological priorities of Polish companies,” said “PB”.

Sylwia Ziemacka
Sylwia Ziemacka
“I believe our unique selling point is that we focus on what brings us together. Poland Weekly offers something you will not find anywhere else: a truly international and unifying perspective focused on content that builds cooperation and mutual understanding. This attitude doesn't make us naïve, but it allows us to focus on mutual understanding and a search for solutions. There are so many new challenges that we are all facing, such as energy transformation, climate change and supply chain disruption, to name but a few. By working together and sharing good practices, we can achieve so much more.”
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