Tuesday, July 15, 2025
spot_img

90% of enterprises yet to reach digital-first maturity globally

Date:

Share post:

spot_imgspot_img

Mumbai, Aug 16 : Globally, 90 per cent of enterprises among those surveyed are yet to achieve their digital-first goals with 49 oer cent admitting that cyber security is the top-most priority for their business, a report showed on Monday.

While 45 per cent of enterprises lost productivity during the crisis due to problems of connectivity, 41 per cent enterprises attribute the shift to digital-first operating models for maintaining market share during the course of the pandemic, according to the report by Tata Communications.

The findings showed that 45 per cent of chief experience officers (CXOs) fear employee burnout without the right tools and systems.

“A digital-first operating model is a must for enterprises in the new world order. The scale of digitalisation will be the new barometer of success for enterprises irrespective of its size or industry,” said AS Lakshminarayanan, Managing Director and CEO, Tata Communications.

The survey was conducted among business leaders across 750 enterprises in 11 countries, and classified those into three distinct categories as per their digital maturity stage.

“Only 10 per cent enterprises have the most advanced digital operating models, connectivity platforms and strategies ensuring secure and trusted operations. Nearly 63 per cent of them attribute revenue growth to their digital-first strategy,” the findings showed.

While 52 per cent of enterprises have limited digitalisation in their business but still need to improve in several areas of digital capability, 38 per cent of enterprises are at a nascent stage of digitalising their business and have been unable to achieve growth due to lack of digital maturity.

“As economies open, trust and security are core to the competitiveness and agility of enterprises seeking growth,” Lakshminarayanan added.(IANS)

spot_imgspot_img

Related articles

Need to address de-escalation; competition should not turn into conflict: EAM in Beijing

BEIJING/NEW DELHI, July 14: India and China should build on “good progress” in normalising the bilateral ties to...

Air India CEO says crash probe raises more questions

NEW DELHI, July 14: The preliminary report into the crash of Air India flight AI171 last month has...

Tribal couple tied to wooden plough, paraded through village for marrying within clan

KORAPUT, (Odisha) July 14: A young couple was allegedly tied to a wooden plough and paraded through their...

Meghalaya Athletics body concludes first phase of selection trials

Tura, July 14: The Meghalaya Athletics Association (MAA) has successfully wrapped up the first phase of its Selection...