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News & Press - ºÚÁÏ³Ô¹Ï | Innovation Management Software

VentureBeat: 60% of companies banked on ‘innovation’ during the pandemic, but will they see results?

Written by Chris Townsend | Sep 24, 2021 4:34:20 PM

September 24th, 2021

Despite plans to increase their  budgets in the midst of the growing COVID-19 innovation push, a majority of businesses are set to see their investments squandered due to their own internal organizational shortcomings, according to new research by ºÚÁϳԹÏ.

While 60% of respondents reported that their  budgets were  â€” with many of those polled saying they expected a significant rise in investment — several persistent organizational flaws and cracks are set to undermine this investment surge and result in huge financial waste...

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