After living for about three years locked in our house, finding some option that allowed you to work remotely in order to continue generating income meant a series of unfortunate events for companies.
One of them was to provide a work computer, such as a laptop, as well as to give a partial payment of what they would be paying for the internet, because that has now become a right, from which everyone needs to get without buts or something additional.
But the problem superficially, I could start there, but not 100%, because now new questions were being born about, how do I automate my processes? how do I protect my company from possible cyber attacks if my employees are at home working?
And that’s how, each company decided to make a series of strong investments, in order to create a better strategy, as well as protection for everyone, even returning to offices, these are the main investments that Mexican companies would be making:
- Acceleration in hybrid work system, encompassing aspects of computer security and in work teams
- Changes to the business operating model
- Renewed strategies for customer service and product development
How is it that they could become good aspects to invest in?
Thanks to the digital transformations of all companies that occurred in an accelerated way due to Covid-19, improvements had to be thought about to be able to do so in the short and medium term, because this pandemic would not be forever.
Technology finance managers have a great opportunity now to ensure that the company’s technology strategy is really oriented to anticipate changes and meet all the demand in their workforce and with their customers.
And according to the results of the Grant Thornton International Business Report, 50% of Mexican medium-sized companies argued that they would increase their investment within the technological part in 2023.
Contrasting that 9% of the same companies surveyed responded that they would make a decrease in the budget allocated to technology and 39% that they would look for ways to keep it the same, as happened in past years.
“Every day we hear more about the impact of process automation and the use of artificial intelligence in business, every company that decides to leave investments in technology for more business than its competitors, will probably delay the entry into their processes and leave important business opportunities on the table” says Fernando Pliego, partner at Salles Sainz Grant Thornton.
And it is that within the statistics provided by Grant Thornton, Mexico is in the average of the table, with respect to the other 28 countries participating in the survey; a particular example of Latin America, is that Brazil, would have a 79% increase in investment in technology, while Argentina would have a 53% increase in these.
“It is very important to be well advised on where to invest first, what aspects to prioritize and how to be efficient in investing in new technologies and innovative processes” concludes Fernando Pliego
And it is that for all medium-sized companies, now to confront the impact of technological advances, you can position them better and thus meet their business objectives, to be able to continue impacting more in their field.
