Digitalisation in Europe 2021-2022

Digitalisation in Europe 2021-2022
Author :
Publisher : European Investment Bank
Total Pages : 135
Release :
ISBN-10 : 9789286152320
ISBN-13 : 9286152329
Rating : 4/5 (329 Downloads)

Book Synopsis Digitalisation in Europe 2021-2022 by : European Investment Bank

Download or read book Digitalisation in Europe 2021-2022 written by European Investment Bank and published by European Investment Bank. This book was released on 2022-05-05 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: The coronavirus crisis accelerated the digital transformation of Europe's economy. Before the pandemic, cutting-edge digital technologies were primarily used by the most innovative and modern firms. The COVID-19 crisis, however, brought the digital transformation to the larger society — and made digitalisation integral to firms' survival. Digital firms were better able to cope with the disruption unleashed by the pandemic, and they were less likely than non-digital firms to see sales decline significantly from 2020 onwards. Many of them used the crisis an opportunity to accelerate their digitalisation. The Digitalisation in Europe 2021-2022 report uses results from the EIB Investment Survey (EIBIS), conducted from April to July 2021, to shed light on the level of digitalisation among Europe's small and medium firms.


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