A digital-very first operating model is a must for enterprises in the new world order, says AS Lakshminarayanan, MD & CEO, Tata Communications. “As economies open, trust and security are core to the competitiveness and agility of enterprises seeking growth. The scale of digitalisation will be the new barometer of success for enterprises irrespective of the size or industry.”
Recently, Tata Communications unveiled its “Leading in a Digital-First World; Enabling Success with the Right Mindset, Ecosystem and Trust” report which finds 90% of enterprises are however to realize their digital-very first ambitions with 49% admitting that cyber safety is the top rated most priority for their business enterprise. It also brings to light, 45% of enterprises lost productivity through the crisis due to complications of connectivity and 41% enterprises attribute the shift to digital-very first operating models for sustaining industry share through the course of the pandemic. The survey was performed amongst business enterprise leaders across 750 enterprises in 11 nations and classifies them into 3 distinct categories as per their digital maturity stage.
Digital Trailblazers: Only 10% enterprises have the most sophisticated digital operating models, connectivity platforms and techniques making certain safe and trusted operations, even though 63% attribute income development to their digital-very first tactic.
Digital Migrants: About 52% of enterprises have restricted digitalisation in their business enterprise, but nonetheless require to increase in various locations of digital capability.
Digital Aspirants: Around 38% of enterprises are at a nascent stage of digitalising their business enterprise, unable to realize development due to lack of digital maturity.
The report states the existing shift to digital-very first operating models is a defining moment in the evolution of organizations and rethinking the new world. A digital-very first tactic enables safe, connected and digital experiences. The sooner organisations commence to accelerate their digital transformation journeys up the digital maturity curve, more most likely they are to empower themselves for the digital era.