Europe under-investing in eBusiness
January 14, 2019
January 14, 2019
The overwhelming majority of European decision-makers believe innovation is key to staying competitive—yet only 45% expect to significantly increase their level of investment in eBusiness innovation.
Key challenges include limited or disjointed insight into the customer, data privacy and security, and inflexible or complex business processes.
55%
see their eBusiness strategy as well-defined and highly effective
38%
have a central eBusiness team which supports distributed execution
59%
had an eBusiness strategy for over 3 years
16%
of eBusiness leaders report directly to the CEO
European decision-makers continue to see the value in new technologies, with 51% expecting to see a significant increase in their level of investment in commerce technology over the next three years.
The majority of executives agree: quality content influences online purchases throughout the consumer journey.
81%
of executives believe their eBusiness strategy must innovate at a rapid pace to maintain competitive advantage
CPG companies run the risk of losing relevancy to their customers if they don’t become a modern enterprise. Our research in eBusiness can help companies make the pivot.
20 minute read
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