Companies in Bulgaria do Not Expect Digitization to Lead to Redundancies

The results of a survey conducted by the German-Bulgarian Chamber of Industry and Commerce and Siemens Bulgaria among 76 companies in the country showed that companies still do not have a long-term strategy for digitization.

However, digitization will not lead to job losses, but the problem with the inadequate qualification of the employees still remains. The results were presented by CEO of Siemens Bulgaria Boryana Manolova at the conference "Economy 4.0", is said in a press release.

Most of the companies are still in the initial or intermediate phase, and only a quarter said they are at an advanced stage in the implementation of digital technologies. 42% of respondents said they were fully aware of the concept of digitization, and more than half said they were well aware. 53.7% have a partial vision for the future digitalization and 11% - a complete one. However, their focus is mostly short and medium term, with 78% of companies responding to having a strategy developed over a period of 1 to 5 years.

Improved service (86%) and higher quality (79%) are among the main motives on the way to digital transformation.

The largest percentage of companies (62.7%) replied that they did not expect the effect of digitization to lead to redundancies, while an equal number of 18.7% responded that the number of employees would decrease or increase.

Companies in Bulgaria will be looking for the strongest specialists in technology spheres such as industry or manufacturing automation (43.4%), mobile applications development (32.9%), and large data analysis (32.9%).

Petya Petrova

Petya Petrova is a journalist, believer, and traveler.

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