Spanish IoT companies ask for more public support

Four out of ten companies demand more state investment to face the digital transformation

   According to the 2017 Oasys Report, the challenges that the Spanish market must overcome in order to successfully face the Digital Transformation are the lack of investment and the modernization of the business culture, while in Europe there is more private initiative when starting new technological projects

40% of Spanish companies in the IoT sector believe that there is a lack of public investment in R & D & I. According to the survey conducted by the Spanish company Oasys to companies in the Spanish and European technology market within the framework of the IoT World Congress.

   Some of the Spanish companies surveyed categorize it as a challenge and think that it is the state that should promote innovation in the industry through subsidies and other funds aimed at the progress of the industrial fabric, in Europe companies have a more individualistic business culture, because They believe that they should invest in new technologies to keep themselves at the forefront of competitiveness in the world. According to Miguel Sepúlveda and Daniel Rallo, experts at Oasys, the main difference between the Spanish and European markets is cultural.

According to the report, two out of ten Spanish companies believe that the market must still overcome the resistance to change of workers to adopt the digital transformation, a figure that contrasts with the opinion of foreign companies, who believe that overcome the fear of change It is one of the main European level challenges.

The interrelation between the levels of concern regarding the resistance to change and the need to modernize the business culture is also remarkable. In Spain, the concern for the corporate culture is significantly lower than that of Europe, nine points less.

From Oasys comment that "while in Spain we are still evaluating the potential benefits and the large investments necessary to carry out the Digital Transformation, in Europe and begin to consider the challenges involved in implementing it."