Published:10.10.2024
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In the upcoming years small exporting companies in the Czech Republic will mostly invest into AI

A survey conducted by Ipsos, a multinational market research and consulting company, for the Export Guarantee and Insurance Corporation (EGAP) and Association of a Small and Medium-Sized Enterprises of the Czech Republic (AMSP ČR) revealed that 85 % of smaller export companies in the Czech Republic are planning to invest in development in the next two years, mainly into artificial intelligence.

This survey, attended by 100 companies, revealed that the main reason for such investment is cost-efficiency. However, companies are still aware of the possible problems with AI, such as reliability, misuse or lack of experience. Other revelation of the survey suggests that 65 % of those companies plan to use their own resources for such investments. Other forms of financing will include bank loans or subsidies. Exporting companies can also take advantage of EGAP and its services such as insurance in order to increase the competitiveness of their investments.

Source: www.forbes.cz

Compiled by the Dutch team of CzechTrade