Japanese companies are more willing to invest in DX than two years ago, and there are many reasons for the increase
Will Japanese companies increase or decrease digital transformation (DX) investment? Japan’s DX is said to be behind overseas compared to other countries, so I’m curious about how companies judge DX investment.
In order to clarify this point, following the previous 2020 digitization survey, we said, “In order to survive in the post-corona era, your company’s DX investment (to promote digital transformation including IT system-related investment) (investment), what kind of changes are likely to occur or have there been in the budget policy recently?”
The most common response was “somewhat increased,” at 37.5%. The second most common answer was “no change” at 36.6%. This was followed by “substantially increased” (11.3%), “do not know at all” (8.8%), “relatively reduced” (4.6%), and “significantly reduced” (1.0%). In other words, 85% of companies said they have no plans to reduce DX investment.
Japanese companies’ willingness to invest in DX has improved from two years ago
Compared to the previous 2020 survey, it can be seen that companies are more willing to invest in DX. Last time, 70% of respondents said they have no plans to reduce DX investment, but this time it increased to 85%.
Regarding the “substantial increase”, 3.2% last time, this time it was 11.3%, an increase of 8.1 points. The proportion of respondents who would rather increase the amount increased by 12.4 percentage points from 25.1% (last time) to 37.5% (this time).
On the other hand, 42.0% (previous year) of respondents answered that they would not change, but this time it decreased to 36.6% (this time). The ratios of “relatively reduced” and “significantly reduced” were also lower than in the previous survey.