An IDC paper, commissioned by Lenovo and AMD, shows that with the rapid Digital Transformation in Asia Pacific (AP), organizations are expected to generate as much as 43% of the revenue from digitally connected products, services and customer experiences by 2027. The CIO Technology playbook is a study of over 900 CIOs and IT decision-makers in AP. The results reveal concerns among CIOs around macroeconomic factors affecting business growth in 2023 and early 2024. For 53% of respondents ‘high inflation’ is the topmost concern in 2023; half (50%) of the CIOs ranked ‘high energy prices’ and ‘escalating raw material prices’ as the other key challenge areas. “The upcoming year is predicted to be a challenging one with economic fluctuations and the acceleration of Digital Transformation. IT leaders in Asia Pacific are consequently putting more of an emphasis on streamlining processes and utilizing technology to optimize resources and increase business agility, so they can react quicker to the changing needs of the industry,” said Sumir Bhatia, President – Asia Pacific, Lenovo ISG. “In response to the evolving market, businesses in the region are prioritizing Digital Transformation and modernizing legacy IT infrastructure,” he said. Peter Chambers, Managing Director, AMD Asia Pacific […]
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