How low-code and AI can conquer the EU’s digital transformation lag

How low-code and AI can conquer the EU’s digital transformation lag

4 months ago
Anonymous $genLyrxdTY

https://techmonitor.ai/comment-2/low-code-ai-eu-digital-transformation-lag

CIOs up and down the country would have you believe nothing is certain in this world except death, taxes, and digital transformation. And yet, findings from the European Commission’s second State of the Digital Decade report suggest the EU is falling short of digital transformation targets. It begs the question – why such misalignment between strategy and execution?  

In 2023, European companies fell short of the 75% target for adopting AI, cloud, and big data. By 2030, only 64% of the population is expected to use the cloud, 50% of big data and 17% of AI. In response, the EU is looking to incentivise enterprises to adopt these technologies at a faster rate and increase private investment in organisations — both of which are crucial for competitiveness in innovation, efficiency, and growth.

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