Digital transformation (DX) is shattering the status quo. IDC predicts that by 2020 investors will view digital businesses differently. Over 50% of these companies will be valued based on their platform participation, data value and customer engagement.
This report examines the future of digital transformation, and offers recommended actions to successfully execute and accelerate DX transformation to emerge as a digital-native enterprise.
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Understand the IT and business impact of IDC’s top 10 predictions
Discover the DX drivers that enable sustainable change
Identify the five key challenges preventing organizations from achieving DX maturity
This year’s DX predictions represent the latest thinking on key success factors in the digital economy.
Digital technology has, and will continue to, alter the landscapes of business, education, entertainment, and government. The past decade has seen change at breathtaking pace as disruption takes place at the individual, societal, and organizational level.
IDC research shows that many organizations in the region are stuck in their respective DX journeys. Although these organizations are executing digital projects and making progress, they are not digitally transforming adequately.
The APEJ region remains the most competitive market in the world, with China leading in areas such as e-commerce, digital apps, and payments. India is charging ahead with its ambitious “Digital India” program, whereas Singapore has its progressive “Smart Nation” plan.
The investment push from Asian governments is, on average, more aggressive than that in other parts of the world. This top-down approach is effective as it sets the tone for the market and helps generate technology demands and investments from both consumer and business fronts.