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Now that digital transformation has become vital, a growth mindset could be observed across various industries at APAC.
FREMONT, CA: The pandemic-induced migration to cloud infrastructure not only has helped several businesses successfully tackle the crisis but also accelerated digital transformation across several industries that dramatically improved their resilience and agility. Considering the changes brought about by the pandemic, digital transformation is not only crucial but inescapable. For organizations that already house digital transformation capabilities, now is a great time to further enhance their operational efficiency and foster innovation. Businesses are increasingly migrating their operations to cloud services as they prioritize safeguarding their well-being for long-term security goals. Alongside them, numerous local MSMEs are also adopting a growth mindset and embracing digital transformation as an opportunity to expand their competitive advantage in the market.
Seizing New Opportunities
Local businesses are seizing the opportunity to execute their digital transformation strategies and expand their offerings to global markets. This has allowed them to further increase their scalability, execute analytical operations, and employ the processing power of cloud infrastructures and artificial intelligence. 60% of the global organizations are already planning for a hybrid working model, giving their employees the freedom to work at their comfort and paste while fostering innovation. Considering that hybrid work might become a new normal, businesses need to ensure that everyone can perform efficiently at the remote location while also coordinating to ensure a seamless flow of information. Above all, organizations need to protect their own data, customers, and employees against cyberattacks while ensuring that their remote working procedures remain compliant with local compliance regulations.
Changing Mindset
Now that digital transformation has become critical for survival, a growth mindset could be witnessed fostering across several industries in APAC. Considering that the landscape of various sectors is constantly evolving, businesses need to remain agile in order to ensure zero downtime. Once organizations begin with their digitalization strategies, they could to quickly learn and experiment with various frameworks and methodologies that would improve the efficiency of the business.
High-speed Evolution
Companies that were already undergoing digital transformation are able to see instant benefits. These encourage corporate leaders to improve their solutions and clarify their digital roadmap while seeking new digital transformation tools from local vendors. Even before the pandemic hit, business is planning to execute their digital transformation strategies gradually. Now they have accelerated their efforts and started using more competent digital tools to adapt to the new working environment.