Empower - Digital Transformation - Flipbook - Page 8
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OVID-19 ACCELERATES DIGITAL TRANSFORMATION
EFFORTS ACROSS INDUSTRIES
The coronavirus pandemic disrupted the business world, and SMBs needed to find a way to adapt to the new normal of day-to-day
operations. To adapt to the new reality, many small businesses implemented a suite of digital transformation technologies.
93 %
93 % of SMBs said COVID-19 made
them more reliant on technology..
70 %
70 % of SMBs have accelerated their
digitization in the wake of the COVID-19
pandemic .
A new Cisco study conducted by IDC concludes that increased digital maturity may help companies and economies thrive in the
months ahead.
If ½ of the surveyed SMBs were able to progress to the Digital Challenger level of maturity (third stage) by 2024, these companies
could add an additional $2.3 trillion to the global gross domestic product (GDP).
COVID-19 ACCELERATES DIGITAL TRANSFORMATION EFFORTS ACROSS INDUSTRIES
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