Epicor Global Growth Index Reveals Businesses are Investing in Tech to Offset the Impacts of COVID-19
Summary
The index looks at the constantly changing state of growth in the manufacturing, distribution, retail and e-commerce industries along with what trends impact the bottom line. The report’s findings show that companies across the globe are embracing technologies to offset the impacts of global volatility, such as COVID-19 and supply chain disruptions. These market conditions are fueling the need to enhance business resilience over the next 12 months, with companies prioritizing better technology (41.4%), better planning (38.9%) and working more efficiently (40.9%). Other key themes identified through the research is listed as followed: Investments in AI and Big Data are paying off Cloud is poised to be a priority “It’s no secret that recent global events have disrupted the normal order of operations and further spurred businesses’ adoption of technology,” said Steve Murphy, Chief Executive Officer at Epicor. All respondents oversee or perform essential duties that informs the business decisions for their organization, across the manufacturing, distribution and shipping, retail and e-commerce verticals.