Digital technologies are becoming increasingly important for business success

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The reluctance to invest is also surprising because companies are attaching increasing importance to digital technologies. 90 percent say that big data and data analysis are of very great or fairly great importance for the future competitiveness of German companies, compared to just 83 percent a year ago.

This is followed by the Internet of Things with 81 percent (2019: 79 percent) and 3D printing with 72 percent (2019: 68 percent). There are also significant increases in autonomous vehicles from 57 to 68 percent and in artificial intelligence from 60 to 67 percent.

The use of technologies in companies still lags behind this general assessment, although their use continues to increase. For example, 62 percent say they use big data or data analysis or are planning or discussing the use (2019: 59 percent).

51 percent are relying on 3D printing (2019: 43 percent), 49 percent on the Internet of Things (2019: 44 percent) and 35 percent on virtual and augmented reality (2019: 32 percent). Artificial intelligence has made the biggest philippines gambling data jump from 12 to 28 percent. Blockchain technology remains unchanged at 6 percent.



Data protection, IT security and a shortage of skilled workers are slowing down the use of technology
According to companies, the three biggest hurdles in the use of new technologies are data protection requirements (79 percent, 2019: 74 percent), technical security requirements (63 percent, 2019: 57 percent) and a lack of skilled workers (55 percent, 2019: 48 percent). This is followed at a considerable distance by a lack of time in day-to-day business (33 percent), a lack of financial resources (25 percent) and the lack of marketable solutions (18 percent).

"We must already think about the time after the corona crisis and set the course for digitalization everywhere," warned Berg. "We can currently see very clearly that more digitized companies and the digital economy are much more than just a growth engine. In times of crisis, they are less vulnerable; they stabilize the economy and the labor market."

Despite all the challenges posed by the concrete effects of the lockdown, companies are required to push ahead with their own digitalization. "But politicians also need a strategy for the post-Corona period to restart the economy. Its basis is digital," said Berg.