Loftware Survey Announces that Cloud Labeling Will Be a Leading Issue in the Global Supply Chain … –

73% of businesses believe that the cloud will be the method of choice for labeling applications next next three years

Portsmouth, New Hampshire, March 29, 2022 / PRNewswire/-Nearly three-quarters (73%) of businesses believe the cloud will be the preferred method for labeling applications over the next three years, according to an annual report published today by loftware, the world’s largest software company specializing in enterprise labeling and artwork management solutions. In comparison, only 50% of respondents said their company was likely to use a cloud-based solution last year.

The global report (“Top 5 Trends in Labeling and Packaging of Artwork 2022”), which draws insights from nearly 1,000 professionals from 55 countries, has revealed a significant shift in business attitudes toward cloud technology over the past 12 months. Due to the COVID-19 pandemic and recent supply chain crisis, companies now recognize that labeling is no longer a tactical necessity, but an enabler for business growth and company operations. agile supply chain.

The majority of business leaders surveyed (90%) agree that standardization and centralization of the label will help them keep pace with business growth, while more than eight out of ten companies (84%) the agreed cited cost savings and compliance as key benefits of the introduction of a modern label. solution. While 42% of businesses say they have moved to the cloud for their business applications, more than half of them are at risk of being caught up with their peers.

“When we talk to our customers and partners, one topic clearly comes to mind: cloud adoption. Forward-thinking companies see the opportunity. There is tremendous potential for expansion, standardization of skills, and ultimately improvement throughout the business. Businesses that can effectively reorient and adopt new plans to maintain their operations will have a competitive advantage and set themselves up for future success, ”he said. Josh Roffmansenior vice president of marketing and product management at Loftware.

The report also revealed that COVID-19 is expected to have a lasting impact on the way businesses conduct business. With the continued rise of online shopping there is a renewed interest in labeling and packaging to meet the rise of packaging and shipping as consumers move away from traditional retail and shopping to physical establishments. This trend was highlighted in the Loftware survey, where nearly half (43%) of respondents hoped that their organization would adopt more than one e-commerce-like business model as a direct result of the pandemic. .

Additionally, 63% of businesses indicated that cost reduction and operational savings have become more important to their business because of COVID-19. Furthermore, the transition to dispersed employment is not expected to disappear any time soon and may be long after the pandemic. As a result, more and more companies are investing in cloud-based technologies that allow employees to work, collaborate and contribute even when they are not on site. This was supported by 57% of respondents who said remote label printing was important to enable their business operations.

“Business models are changing. If 2021 is the year the world has learned the importance of agile global supply chains, this year will be the dominance of the need to adapt to these new realities. Businesses around the world will. wrestling with labor barriers, port congestion, driver shortages and raw material shortages, to name a few.This is why it is important that business leaders think differently about processes , operations and supply chain to ensure prosperity, “he added. Josh Roffman.

Download the full report: Top 5 Trends: Labeling and Packing Artwork 2022

About Loftware

Loftware is the world’s largest provider of cloud-based labeling and enterprise artwork management solutions, offering an end-to-end labeling solution platform for businesses of all sizes. Working worldwide with offices in the US, UK, Germany, Slovenia, China and Singapore, Loftware can boast over 35 years of expertise in resolving labeling issues. . The company helps companies improve accuracy, traceability and compliance while improving the quality, speed and efficiency of their labeling. As the world’s leading provider of labeling and corporate artwork management solutions, Loftware drives supply chain agility, supports regulatory change, and optimizes business operations across a wide range of applications. industries. , including automotive, chemical, consumer products, electronics, food and beverage, manufacturing. , medical equipment, pharmaceuticals, retail and clothing.

Media contact:

Laura HindleyHead of Public Relations and Content at Loftware: lhindley@loftware.com

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