188% growth in mentions of cloud computing as a key strategic initiative in FTSE 350 annual reports between 2014-2019
The digital workforce has come of age during the COVID-19 pandemic and demonstrated its value, not just in times of crisis but in delivering the speed, agility and resilience that are critical to long term competitiveness.
Extreme pressures triggered by the pandemic have accelerated an ongoing shift towards more agile operating models and structures. In doing so, the drastic need for greater resilience within resourcing structures, supply chains and customer facing operations has been highlighted. The speed and extent of the digital transformation required cannot be led outside the Boardroom.
In this report, we've analyzed annual reports issued by FTSE 350 companies, highlighting their increased use of automation, AI and cloud computing within their financial reporting over the last five years. It clearly shows the importance of these technologies and why businesses everywhere are now making them cornerstones of their business strategies.
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