According to the Gartner, 45 per cent of Asia/Pacific CEOs think of digital transformation as a way to optimise their current business versus 42 per cent globally.
"CIOs need to take on an evangelizing role with the CEO and other business leaders about the transformative possibilities of digital business using real examples," said Partha Iyengar, Vice President and Gartner Fellow, in a statement.
Asia/Pacific CEOs expect productivity in their organisations to increase by 24 per cent by the end of 2018, with revenue and profitability as the top two metrics of success.
To achieve such aggressive productivity gains, Asia/Pacific CEOs believe that conventional technologies (cloud, ERP, analytics and CRM) will help them, rather than technologies that support digital transformation (digital environments, blockchain, the Internet of Things, robotics, artificial intelligence and 3D printing).
Digital business offers a way for Asia/Pacific firms to lower their cost structure drastically and thereby increase margins, but these firms are not pursuing digital business as aggressively as they could.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.