What's Happening?
The digital economy is increasingly driven by foundational technologies that support enterprise operations, such as cloud computing, cybersecurity, and data infrastructure. These technologies, while often invisible to the public, are becoming strategic
assets that influence business resilience, productivity, and growth. The Financial Stability Board (FSB) has identified operational resilience as a key characteristic supporting stable financial and business ecosystems. Companies are investing in digital capabilities that enhance operational continuity and enable rapid adaptation to disruptions.
Why It's Important?
The shift towards investing in digital foundations reflects a broader trend in business strategy, where resilience and adaptability are prioritized over isolated technology projects. This approach is crucial for U.S. businesses as they navigate rapid technological changes and rising customer expectations. By strengthening digital infrastructure, companies can improve decision-making, operational efficiency, and customer experiences. This investment in foundational technologies is essential for maintaining competitiveness and supporting long-term growth in an increasingly digital global economy.
