Fast track of digital transformation

21 February, 2024

On the other hand, the study found that digital identity solutions could improve the operational efficiencies of a company from an automated identity verification process resulting in 40,000 hours per year saved in identity verification.

These findings not only underscore a growing opportunity for businesses in the digital identity sector but also for the private and public sectors: as European companies continue to embrace digital transformation, the demand for robust digital identity solutions is expected to rise, offering a promising market for innovation and growth.

While businesses and governments in Europe are on the right track toward their digitisation, there is still a lot of work to be done, especially with the arrival of the eagerly awaited EU Wallets. A key element in Europe that will once again test the ability of both public administrations and private companies to offer 100% digital access to their services, this time through a single point of access: their national digital identifications.

https://twitter.com/EIB

https://www.linkedin.com/company/european-investment-bank/