Businesses are braced for the impact of covid19 but still see opportunities for growth in 2020
Scotland’s digital technology sector continued to grow in 2019 with an increase in sales and profit margins, according to the latest annual industry survey conducted by ScotlandIS.
Despite Covid-19, many firms have identified opportunities for growth over the next nine months. Approximately one third of those surveyed believe business opportunities will rise due to increased or new demands related to Covid-19, particularly in cloud services, digital connectivity, remote working technology, and digital health solutions.
The Scottish Technology Industry Survey 2020 was supported the University of Edinburgh’s Data Driven Innovation Initiative – part of the Edinburgh & South East Scotland City Region Deal – and was carried out between December 2019 and January 2020 through an online survey platform. To ensure the survey took the latest developments into account, ScotlandIS collected follow-up responses during April to gauge the impact of the Covid-19 crisis on the sector’s outlook for 2020.
Download past issues of the Survey
Published annually following an extensive survey of the industry, the infographic-style report serves as a barometer for the health and emerging trends of Scotland’s digital technology industry.