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ASEAN business is not keeping up with digital transformation

DIGITAL transformation is something that every board in every region, including ASEAN, is prioritising. It moved from being a key differentiator to an enabler (of innovation) sometime last year, and is now something that is purely driven by customer demand and market forces. Fail to transform and you’ll lose your customers. However, the question is, are businesses in ASEAN prepared to digitally transform? It doesn’t seem like it according to a new study published by Cisco. The team surveyed between 75 and 200 IT executives across the region and found that 47 percent of them didn’t have the budget necessary to build the right digital infrastructure, 43 percent didn’t have the talent necessary to build the solutions needed to go digital, and 42 percent said that existing IT infrastructure was unfit and couldn’t support the next generation of technologies. SEE ALSO: How Singapore is making online shopping even more convenient As a...

 

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