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Canadian companies are embracing digital transformation like never before. A new SAP Canada study conducted in partnership with IDC Canada indicates that digital transformation will be the most valuable business investment Canadian companies can make as they enter 2022.
The survey discovered a big rise in enterprises which have fully integrated digital strategies into their core business. Nearly 40 per cent of those surveyed indicated having this integration – three times more businesses than in 2020. This robust digital shift was critical for Canadian organizations surviving the initial shockwaves of the pandemic delivering business impacts across efficiency, cost reductions, resiliency, decision support and intelligence, sustainability, and customer and employee experience.
Data further showed businesses realize digital transformation is necessary and valuable:
- 75 per cent of Canadian enterprises planned on migrating all or some of their applications and data to the cloud in 2021.
- 84 per cent of respondents highlighted that investment into digital technologies either met or exceeded their expectations this year.
- 84 per cent of leaders in the digital transformation space are using technologies to make incremental and continuous improvements to their core business.
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