Companies doing business in Slovakia and the Czech Republic are far behind the global average when it comes to their understanding and assessment, as well as the innovation of digital technologies, according to the Digital IQ survey that has been released by the consulting company PwC on Monday.
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 than their colleagues abroad for the same purpose in the following three to 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.
When it comes to firms’ approach toward cyber security, Slovak and Czech firms tend to deal with the 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, it stands at 39 percent for companies globally. Almost a third of the local companies revealed that the strategic IT initiatives in their firms are hampered by outdated technology, followed by shortcomings with respect to the planning and drafting of projects, and shortcomings on the part of third parties.