Columbia Threadneedle: Japan’s software revolution is making up for lost time
Columbia Threadneedle: Japan’s software revolution is making up for lost time
![Japan Tokyo.jpg Japan Tokyo.jpg](/l/en/library/download/urn:uuid:dcc6e875-59c0-4f6d-987e-44e545b58d45/japan+tokyo.jpg)
By Alex Lee, Portfolio Manager at Columbia Threadneedle
The use of software solutions by companies to improve competitiveness, efficiency and productivity, and reduce costs, is picking up pace – just in time, as a shortage of skilled workers continues to bite.
1 https://www.gartner.com/smarterwithgartner/cloud-adoption-where-does-your-country-rank/
2 https://www.mckinsey.com/business-functions/mckinsey-digital/our-insights/how-japan-can-make-digital-big-moves-to-drive-growth-and-productivity#
3 https://contents.xj-storage.jp/xcontents/AS08692/18254c56/ab7b/4311/820c/f70b08bcd8e1/20200214211939176s.pdf
4 https://ssl4.eir-parts.net/doc/4165/tdnet/1934539/00.pdf
5 https://nihonscope.com/japanese-culture/history-use-hanko-stamps-japan/
6 Mention of specific companies should not be taken as recommendation
7 https://www.boj.or.jp/en/statistics/tk/gaiyo/2021/tka2103.pdf
8 https://japan.kantei.go.jp/99_suga/statement/202009/_00001.html
9 https://www.bloomberg.com/news/articles/2020-10-22/digitalization-could-double-japan-s-growth-reform-panelist-says