Digitalization soundbites: Episode 3 - Risk, Disputes and Tech Product Safety | Insights | Eversheds Sutherland

Digitalization soundbites: Episode 3 - Risk, Disputes and Tech Product Safety

Partner James Hyde and Legal Director Peter Shervington discuss respondents’ views of the key risks around digitalization their attitudes and approaches to resolving tech disputes and tech product safety now and in the future.

June 29, 2022

Global
Global
Global

Ask any senior business leader about their most important priorities and it’s likely that digitalization will be mentioned. Put simply, this means using new technology and data to cut costs, improve business processes or streamline customer experiences. 

The opportunities are great, but the risks are equally significant, and they need to be carefully managed to ensure that digitalization is a success.

For many respondents of our survey, the risk of litigious and product safety related action, is a real concern. Globally, the shift in the ownership and responsibility of product risk is significantly impacting all businesses involved in manufacturing and supplying physical products. 56% of respondents told us increasing complexity made it challenging to verify the safety of their digital tech. We call it the ‘digital safety gap’.

Partner James Hyde and Legal Director Peter Shervington discuss respondents’ views of the key risks around digitalization, their attitudes and approaches to resolving tech disputes, and tech product safety, now and in the future.

The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer.

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