Organisations globally are poised for significant productivity gains through strategic technology adoption and digital transformation, according to new research from Infor, the industry cloud complete company. The research, surveying 3,600 respondents across 14 countries and seven industries, reveals that 75% of global organisations anticipate a 20% boost in efficiency over the next three years.

The research shows that 80% of these organisations agree that success will depend on the adoption of new technologies, with 78% planning to increase their tech investments by 20% or greater over the next three years. Machine learning and generative AI stand out as most referenced technical drivers of improved efficiency.

“Companies in manufacturing, distribution and healthcare continue to face significant changes in their industries and businesses,” said Kevin Samuelson, Infor CEO. “Our research can help provide specific data and insights on how to successfully deploy technology and innovation to unlock value in a fast changing world. Every organisation wants to implement technology as a primary driver of value creation. The research that we have done identifies the “Vectors to Value” that the most productive organisations use as a blueprint for success.

“Organisations need to optimise and continuously improve processes; embrace the power of advanced technology; push data in decision-making; and keep customer requirements front and centre. By aligning with these vectors, organisations can increase overall business productivity and therefore drive true value creation and competitive advantage.”

In the EMEA region, 77% of organisations expect a 20% productivity boost, closely aligning with global trends. Yet, the UK market stands out in its focus on organisational processes to drive productivity. The gap between the most and least productive UK companies is 46%—far above the 27% global average. Additionally, the UK shows a 26% gap between the most and least organisations embracing technological advancements, compared to a global gap of 15%. For smart technology integration in products, UK organisations show a 23% difference between productivity leaders and laggards, exceeding the global gap of 9%. These findings suggest that top-performing UK organisations are prioritising these critical business attributes at a much higher rate.

Dr Chris Brauer, Director of Innovation at the Institute of Management Studies at the University of London comments, “The research undertaken by Infor makes it clear that the real challenge isn’t just about adopting technology, but the mindset and cultural shift needed to unlock its value. Organisations that succeed will be those ready to evolve their processes and fully embrace data-driven readiness, gaining clarity of vision for the future. It’s a great look for what’s to come.”

For more insights into the attributes that high-performers share and to download the report How Possible Happens: Filling the ‘value’ with technology-driven productivity report, visit https://www.infor.com/how-possible-happens