The latest issue of the European Family Business Barometer, a joint annual publication by European Family Businesses and KPMG, reveals a promising development for family businesses in Switzerland: Half of the survey’s respondents felt either positive or very positive about the next twelve months.
The fourth industrial revolution has arrived. But Swiss manufacturers are not keeping pace with the speed of transformational change it brings. This represents a real danger to the country’s industrial base.
It is estimated that businesses will use machines to carry out 80 percent of conversations with consumers by 2020. The speed with which artificial intelligence (AI) is being adopted across industries in Switzerland is astounding. Yet many companies still view AI as something to be feared.