Business enabler

Almost three quarters (73 percent) of companies believe the cloud will be the preferred method for labeling applications within the next three years, according to an annual report published by Loftware, the largest global software company specializing in Enterprise Labeling and Artwork Management solutions

This compares to just 50 percent of respondents reporting their company’s likelihood of adopting a cloud-based solution a year ago.

The global report (‘Top 5 Trends in Labeling and Packaging Artwork 2022’), which draws on insights from nearly 1,000 professionals across industries in 55 countries, found a significant shift in business attitudes toward cloud technology over the last 12 months. Driven by the Covid-19 pandemic and recent supply chain crisis, businesses now recognize that labeling is no longer a tactical necessity, but an enabler for business growth and agile supply chain operations.