Date : 08-Jul-2020
Location: Malaysia
Organization:
Red Hat, world’s leading provider of enterprise open source software solutions,using a community-powered approach to deliver reliable and high-performing Linux, hybrid cloud, container, and Kubernetes technologies.
Key Takeaways:
Red Hat, world’s leading provider of enterprise open source software solutions,using a community-powered approach to deliver reliable and high-performing Linux, hybrid cloud, container, and Kubernetes technologies.
Key Takeaways:
- Red Hat announced the results of a commissioned study,titled “Understanding APAC’s Success in Digital Transformation", by Harvard Business Review Analytic Services, on behalf of Red Hat, exploring Asia Pacific’s (APAC) transformation and innovation trajectory against a global backdrop.
- The study findings state that Asian firms have latched on to digital transformation as a strategy, not just for growth but also for survival.
- One key benefit is the ability to bring new products and services to market faster than their global counterparts.
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Insights:
To digitally transform successfully,the following two initiatives must go hand-in-hand:
The study surveyed 143 business executives from APAC from various industries including financial services, IT and manufacturing sectors.
Key highlights of the report included:
Key highlights of the report included:
- 80% of APAC business leaders ranked cultural change and technology modernization of equal importance for digital transformation.
- 40% of APAC executives are quickly developing and delivering new applications to market, compared to only 23% of executives in the rest of the world.
- According to APAC executives, cultural change stood out as one of the three building blocks of modernization, along with technology and business processes thus creating significant impediments to transformation success. The survey respondents cited that company culture now includes factors such as collaboration (44%), inclusivity (42%), adaptability (41%), and transparency (40%).
- Over next 12 to 18 months, companies plan to invest in artificial intelligence (AI) and machine learning (40%), as well as increase their spending on cloud-based business applications by 8% and business process automation tools by 6%.
To digitally transform successfully,the following two initiatives must go hand-in-hand:
- cultural change
- modernize their infrastructure and application architecture
Editor's comments:
- The future of 12 to 18 months, A.I/ML, automation and cloud based solution will rule.
- Startups must grab these opportunities.
- COVID-19 has transformed the willingness of enterprise to explore and adopt technology with more open mind.
This post first appeared on IT-Sideways - Technology Social Media, please read the originial post: here
