69% of Organizations in India Identify as “Digital Businesses” With a Clear Digital Strategy and Technology Integration, Finds IDC

INDIA, June 01, 2023 – According to recent report Digital Transformation Adoption — Industry Priorities and Focus Areas , I nternational D ata C orporation (IDC) finds that 69%* of all organizations identify themselves as "digital businesses," indicating that they either possess a well-defined digital strategy supported by widespread implementation of digital technologies throughout their operations, or they are actively undergoing a transformation process to enhance their digital capabilities. Conversely, 22% of organizations do not consider themselves as digital businesses, implying a lack of focus on digitalization. Lastly, the remaining 9% are classified as "digital native businesses," suggesting that they were originally conceived and built with a strong emphasis on digital technologies from their inception. Although Indian organizations started their digital technologies adoption journey later than their Asia/Pacific and global counterparts, now, they show higher adoption rate of digital strategies. The relatively higher adoption rate can be attributed to several factors such as government policies promoting the use of digital technologies, competitive pressures, and learnings and experiences of other regions that have gone through digital transformation. Many organizations have survived the storms of disruption, i.e., factors such as supply chain constraints, recessionary fears, geopolitical unrest, and inflationary pressure among […]

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