This is how digital Swiss companies are

The drivers of digital transformation are technological developments and new digital ecosystems that have an impact on society, politics and the economy. The results of the study show that corporate transformation is driven by the need for optimized and faster processes (82% of SMEs), changing customer requirements (59%) and newly available technology (53%), and that the effects of the transformation are perceptible at various levels:

• For 85% SMEs, the digital transformation has an impact on the business model and internal collaboration.
• For almost 70% of SMEs, digital transformation has an impact on corporate culture.
• 63% of SMEs have already introduced new technologies.
• 62% of SMEs have adjusted their market positioning.
• But only 30% of SMEs are satisfied with their own digitalization efforts.

The barriers to a successful transformation at SMEs are the time required and the lack of knowledge among managers and employees, and the study has identified seven fields of action in which the digital transformation is taking place. Prof. Dr. Marc K. Peter, head of the study: "Digital transformation is highly relevant for Swiss companies. With the fields of action now available, we have created an important guide to support these important projects". The published practical guide contains checklists, short case studies, a process model for transformation and specialist articles for practitioners by renowned authors. the study was supported by sponsors and partners. These include PostFinance, Abacus, AECS Swisscard, Die Post, Dreamlab Technologies, Gewerbezeitung, GS1, KMU Next, Mobiliar and Nemuk.The study results and practical guide can be downloaded free of charge as a PDF version from the project website. www.kmu-transformation.ch be obtained.