Searching for business optimization

In 2021, we can expect more companies to initiate restructuring processes on a larger scale, once they have calculated their year-end balances. The same applies for businesses that found themselves in distress and used governmental help. Will they be able to stand on their feet once the biggest threat is gone and the flow of subsidies ceases? The true scale of destruction remains to be seen. What we can tell for sure is that business and technology will continue to influence each other in the coming year, especially in the sectors of green energy, logistics, automotive, life sciences, TMT and FMCG.

As a CEE-based provider, FORDATA has observed the digital sector’s tour-de-force for several years now in Poland, Czech Republic, Hungary and other countries, as it still is one of the most attractive investment targets. Also, the development of RES, consolidation of financial institutions and the EU regulations will influence business in 2021. For instance, Poland’s off-shore and solar energy projects are expected to push forward the country’s economy in the near future as the government has given the green light to accelerated investments in this field.

Europe, USA and China will lead the green transformation forward in 2021. Commonly perceived as the decisive decade for climate change, the next ten years will hopefully see more incentives from governments and central banks for companies to invest and develop green technologies. This will all gain speed next year.

In 2021, FORDATA is going to help companies speed up processes they conduct with the use of our Virtual Data Room even more. Fast operation is the part of optimization efforts. In order to provide it, will rewrite some big chunks of the code to make FORDATA VDR technologically faster, the interface and UX - refreshed, and will add new AI-based document redaction tools thanks to which blacking out specific information can be done fastly in one place. To back up technological solutions, we will further develop soft skills of our customer support team to make interacting with it even more comfortable.