Family-owned companies digitize with an eye on the bottom line
Although Germany’s large family-owned companies are increasingly investing in digitization projects, innovations and new business models are not the priority.
26 Nov 2017 Claudia WitteShare
The testing and consulting company PwC dubbed the survey "
As a means to an end, managers also consider digitization from the point of view of cost reduction. Around 85% of respondents want to leverage digital technologies to reduce expenses, primarily through process automation. One reason for this one-sided orientation of the digitization projects could be the current lack of profits. So far, only a minority of decision-makers (14%) have benefited from monetary added value through the digital transformation, as a
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