Oxford Economics and SAP Study Explores Businesses’ Use of Data to Manage During the Pandemic

  • Date: 22-Sep-2020
  • Source: Business Live ME
  • Sector:Economy
  • Country:UAE
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Oxford Economics and SAP Study Explores Businesses’ Use of Data to Manage During the Pandemic

Oxford Economics and SAP Study Explores Businesses' Use of Data to Manage During the Pandemic

SAP SE (NYSE: SAP) has announced a new research study, in partnership with Oxford Economics, designed to discover how businesses are incorporating a holistic management approach into everyday business strategy and operations.

The survey was conducted with 3,000 global business executives across 10 industries* during the start of the coronavirus pandemic. Key findings include:

32 percent of organizations are investing in new technologies to analyze data.

Top three technologies seeing investment are artificial intelligence (34 percent), Internet of Things (33 percent), and analytics (27 percent).

34 percent are retraining employees to work with data.

25 percent are extending data governance policies across the business ecosystem.

Technology investments are contributing to organizational success, including improving citizen and customer experiences (48 percent), employee experiences