GE: the majority of Hungarian companies can not adapt to the speed of technological progress

According to 80 percent of the interviewed executives in Hungary in charge of innovation – (81 percent worldwide) industrial digital technologies in the next 10 years will radically transform the industries, while 8 out of 10 Hungarian company managers say that the speed of technological progress may go beyond the company's adaptive ability – GE’s Innovation Barometer survey reveals which included Hungary for the first time.

According to the communication, sent to MTI on Monday they presented: similar to the international trends, 65 percent of the Hungarian decision-makers apply the precautionary approach during investment in innovation, rather than risky innovation strategy. So companies tend to develop further the existing and proven products and services. (MTI)