This tightening of labor market conditions has started to influence wages. In the regular annual wage negotiations this spring, the number of firms that raised not only bonuses but also base pay increased substantially. In addition, more and more firms, especially in nonmanufacturing, feel that they have insufficient capacity.
4  By focusing efforts and resources on the digitization of core business processes, financial institutions enhance their ability to respond to the  inherent  dynamism  associated  with  technology, and to the competitive pressures that increasingly manifest in the banking sector, both today and tomorrow.