Economy
March 25, 2020
Crowe Survey Gathers Data on Technology Trends
Written by Tim Triplett
With so many people working from home lately, technology is becoming even more important in their professional lives. Analysts at Crowe LLP are studying the technology trends to help metals companies develop strategies to take advantage of the latest developments, and they could use your help.
The 2019 Crowe Technology Survey revealed that most companies in the metals industry are seeking to expand their use of digital technology. More than 63 percent of last year’s respondents said technology is very important to their (business) strategy over the next 3-5 years. Over 70 percent said that business intelligence and reporting are major challenges for their company. In order to stay current, many companies are looking to move applications from on-premise to cloud-based versions. Others are considering the implications of artificial intelligence and machine learning as a way to improve efficiency.
