Businesses plan to ‘weather economic storm’ by increasing their spending on technology – Cap Gemini

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City AM

By Jess Jones Nearly four out of 10 businesses will escalate their investment in technology as they seek to cut costs. The consultancy giant, which is hosting a session at the World Economic Forum in Davos this week, said 39 per cent of the businesses it spoke to for its report were intending to use technology to drive cost savings and business transformation over the next 12 to 18 months. A similar number are opting to maintain their current level of spending on technology. Aiman Ezzat, chief executive of Capgemini said businesses should, “seize the opportunity that technology offers, not onl…

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