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Manufacturing & The Economy

One in Four Companies Could Miss Out on Digitization

Among companies in Europe and the United States, the gap between digital top performers and laggards is wide, according to The Boston Consulting Group (BCG), for which some 1,300 companies estimated their level of digital maturity. While the top performers achieve a high level of digital performance, around one in four companies is at risk of missing the boat. As a result of the analysis, the authors concluded that a company’s digital development is more industry specific than country specific, driven by similar starting points and a similar affinity for digitization.

According to the survey, the U.S. has 20% more digital top performers than Europe, putting the US market on a faster track toward digital transformation. Overall, 28% of U.S. companies were digital champions and 23% were laggards. In Europe, 23% were champions and 25% were laggards. 

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