In response to the pandemic, organisations globally have greatly accelerated their adoption of technology.
What makes this transformation truly worthy of the history books is the speed at which it is happening.
A McKinsey global survey of executives found that in order to confront Covid-19, organisations have implemented advanced technologies – in their business decision-making and operations – 25 times faster than expected.
The survey also notes that during the pandemic, in order to effectively meet needs, organisations expedited the digitalisation of customer interactions by up to four years; and accelerated the share of digital products in their portfolios by up to seven years.