PwC MSME Survey 2020 slide image

PwC MSME Survey 2020

What technology will have the most impact on your business in the next 3 years? Business CEOs believe that Artificial Intelligence, the Internet of Things, 5G, Cloud Computing and Blockchain will have the most impact on their businesses in the next three years. Artificial Intelligence (AI) can be defined as the theory and development of systems that can continuously sense its environment, think, make decisions, and take actions that influence the environment to achieve its goals. The world is fast becoming a global village due to innovations underpinned principally by technological advancements. Technology has brought about changes in consumer perceptions, tastes and preferences. The pace and transformative power of technology means that Nigerian businesses cannot afford to ignore the trend. Other 2% Virtual reality None of the above Bioscience 3% 5% 5% Robotics 5% Blockchain Cloud computing 5G PwC MSME Survey 2020 PwC Source: PwC analysis IoT ΑΙ 8% 13% 15% 23% 23% June 2020 67
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