Intelligent CIO North America Issue 35 | Page 50

COUNTRY FOCUS : CARIBBEAN
It is acknowledged as imperative for businesses in the Caribbean to adopt innovative practices and leverage digital technology . businesses in the region to take proactive measures to enhance productivity and harness the potential of Digital Transformation .
Though recognized as brimming with potential , Caribbean businesses have been grappling with lower productivity levels compared to their global counterparts . need to improve productivity and embrace technology to drive growth and competitiveness .
The report titled Fostering Innovation and Productivity in the Caribbean underscored the urgency for
This productivity gap not only limits their ability to compete effectively in regional and international markets but also hampers overall economic progress To address this challenge , it is acknowledged as imperative for businesses in the Caribbean to adopt innovative practices and leverage digital technology to drive efficiency and unlock new opportunities .
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