Businesses are entering into a new era in which digital acceleration is happening worldwide, says Ms Ng. As businesses have become more engaged in their online journey, driven by the pandemic, they now need to gear up for digital transformation, including the use of cloud and automation, to be agile and competitive and to thrive in the new economy. Sandra Ng, group vice-president and general manager for Asia-Pacific research at tech market research firm IDC, said businesses are now entering into a new era in which digital acceleration is taking place around the world. "This is going to be super important for organisations to drive the new digital value creation," said Ms Ng. According to IDC, spending on digital technology by organisations in Asia-Pacific will grow by 3.5 times the economy in 2023, establishing a foundation for operational excellence, competitive differentiation and long-term growth. By 2024, 30% of organisations in Asia-Pacific will have a business continuity crisis management strategy that includes continuous intelligence and enables an agile reaction to future economic shocks and disruptions, IDC indicates. By 2026, 40% of total revenue for 2,000 organisations based in Asia will be generated by digital products, services and experiences, up from […]
Digital transformation picks up
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