Corona is driving digitalization forward – but not all companies can keep up

[bhasan01854]

The Corona pandemic has led to digitization becoming much more important in the German economy. At the same time, however, many companies have also been made aware of their own shortcomings in their previous digitization efforts. And there is a risk that the digital divide in the economy will continue to grow, as not all companies are equally able to intensify their digitization efforts.

This is the result of a representative survey of 605 companies with 20 or more employees from all sectors commissioned by the digital association Bitkom. "The corona pandemic is clearly a driver of digitization for the German economy," said Bitkom President Achim Berg when presenting the study. "The good news is that companies want to do something and drive digitization forward. The bad news is that not all of them are able to do so."

Digitalized companies come through the crisis better

More than 8 out of 10 companies (84 percent) say that digitalization has become philippines gambling data more important for their own company due to the corona pandemic. 86 percent say this for the economy as a whole. At the same time, none of those surveyed believe that digitalization has become less important for their own company or the economy due to the pandemic. A record 97 percent of companies see digitalization primarily as an opportunity for their own company in November; in April the figure was significantly lower at 90 percent.

And 7 out of 10 (70 percent) believe that companies whose business model is already digitalized will get through the corona pandemic better. "Companies can be immunized against crises beyond corona by consistently setting themselves up digitally," says Berg. 54 percent of companies say that digital technologies are helping them to cope with the pandemic.

One in three companies fears insolvency as a r