Friday, 24 March, 2023

Global digital transformation spending to hit $1.8 trillion in 2022

<p>The global investment in digital transformation (DX), in the year 2022, of business practices, products, and organisations would reach $1.8 trillion. Back office support and infrastructure, smart manufacturing, and digital supply chain optimisation are among DX&#39;s top goals. Over the period of 2022-26, the financial services industry will have the fastest DX spending. This year, DX investment of over $100 MN is expected in the utilities and banking industries.</p>