HCL Technologies report indicates majority businesses will invest in Next-Gen Technologies
Published on : Monday 15-02-2021
Global survey determines majority are accelerating digital technology implementation for 2021 in the post-Covid world.
California/Noida, February 2020 – HCL Technologies (HCL), a leading global technology company, recently issued findings on digital technology investment and deployment by enterprises in the wake of Covid-19. The Digital Acceleration for Business Resilience report, done in conjunction with Vanson Bourne, surveyed 420 senior business and IT decision makers across industries and found the majority of companies (89%) are stepping up their digital initiatives, which the report terms ‘Digital Acceleration’. The respondents’ state cybersecurity and cloud are the top two technologies to receive increased investment as a direct result of the pandemic.
The report also reveals three key actions business leaders must take to realize the benefits of digital acceleration for their organisations and customers. These steps include the reprioritisation of digital investments and shortening of implementation cycles, inspecting and reworking business architecture for operational agility, and auditing the partner ecosystem to ensure their companies have the right external expertise. While these actions are necessary for companies around the globe, the data also shows they must be uniquely designed and deployed for individual industries.
Digital acceleration is pushing business leaders to turn their three-year roadmap for digital transformation into an iterative implementation that can promote long-term changes to stay competitive and support business and customer needs. From budgeting for new, adaptable innovations that foster enterprise agility to building strategic partner ecosystems, it’s clear that decision makers are taking action to stay competitive in the current landscape.