Hard times tend to spark innovation. And 2020 was no exception. Lockdown pressed fast forward on digital change all over the country, in almost every industry.

For some this meant rolling out technologies and systems that were already in the plan. For many it was uncharted territory. But organisations everywhere rose to the challenge.

The result?

A decade’s worth of progress in just a few months.

That got us thinking.

What is the value of all this innovation? And how would that value add up if we looked at the economy as a whole?

We asked the Cebr (Centre for Economics and Business Research) to help us answer these questions and more.

The numbers tell a simple, powerful story.

GDP could increase to £74 billion above the baseline scenario by 2025 thanks to boosted investment and fast adoption of post-Covid digital transformation.

By 2040, that figure could be £232 billion – a 6.9% increase in our national GDP.

As a country, we have an enormous opportunity here. Investing in digital projects will undoubtedly help organisations like yours thrive in the wake of this pandemic.

But it will also help our whole economy bounce back faster and further.

Download the report now.