Enterprises say digital transformation is getting faster, but not fast enough

ITEM: Asia-Pacific enterprises may feel they’re definitely moving faster with their digital transformation strategies thanks to the COVID-19, but most say they’re nowhere near as far ahead as they need to be to stay competitive. But for the most part, enterprises feel like they’re running to stand still. This has also had an impact on innovation, which has dropped down the priority list for many companies. On the bright side, one area where enterprises have improved their operations significantly is around the managing and protecting of data. Almost two thirds of enterprises now describe their business as somewhat or highly adept at data protection, with only 8% believing their data and tech risk profile was getting worse.

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