New Delhi/Bengaluru, Sep 25: Most business leaders in India regard data privacy and cybersecurity concerns as the biggest barrier to their digital transformation, a new report from Dell Technologies said on Tuesday.
According to the research, 93 per cent of Indian businesses are facing major impediments to digital transformation today.
Almost half of Indian business leaders believe they will struggle to meet changing customer demands within five years, according to the report tilted "Digital Transformation Index" (DT Index).
Offering insights into the areas where Indian businesses are considering investment to drive their digital transformation, the research showed that regulation or legislative changes and lack of the right in-house skill sets and expertise are the other top concerns for Indian businesses.
The research also indicates that businesses are taking steps to overcome their barriers, along with the threat of being outmaneuvered from more nimble, innovative players.
Close to 75 per cent of Indian businesses -- 19 per cent more than in China -- intend to invest in cybersecurity in the next one to three years, according to the report.
Conducted in collaboration with Intel Corp, the research showed that 67 per cent of Indian businesses intend to invest in IoT (Internet of Things) technologies - 11 per cent more than that of Chinese companies.
While 62 per cent of Indian businesses intend to invest in multi-Cloud (7 per cent more than Chinese firms), 61 per cent of Indian businesses intend to invest in Artificial Intelligence (only one per cent more than companies in China), the findings showed.
For this study, independent research firm Vanson Bourne surveyed 200 business leaders in India from mid to large-size companies to gauge their organisations' place on the Dell Technologies Digital Transformation Index.
The global results of the report, based on 4,600 respondents from 42 countries, will be released in early 2019, Dell Technologies said.
The report said that 37 per cent of Indian businesses plan to invest in Blockchain, 31 per cent in quantum computing and 42 per cent in augmented reality/virtual reality (AR/VR) technologies in the next one to three years.
"The next digital era has arrived and it's reshaping the way we live, work and conduct business. Which means that time is of the essence. Genuine transformation needs to happen now, and it needs to be radical," Alok Ohrie, President and Managing Director - India Commercial, Dell EMC, said in a statement.
The findings showed that just 12 per cent of Indian businesses are "Digital Leaders" - companies that are digitally advanced - up from 8 per cent in 2016 when the previous edition of the report was published.
The share of "Digital Adopters" -- companies that have a mature digital plan, investments and innovations in place -- went up to 34 per cent this year, from 29 per cent in 2016.
The share of "Digital Evaluators", companies that are cautiously and gradually embracing digital transformation has grown to 40 per cent, from 37 per cent in 2016.
The percentage of "Digital Followers" (a digitally immature group) has also dropped, from 21 per cent in 2016, to 14 per cent in 2018, according to the survey.
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Bengaluru: Bengaluru Milk Union Ltd President D.K. Suresh on Monday said it is inappropriate for MLAs to seek free IPL tickets, adding that those interested in watching matches should pay for them personally.
Speaking to reporters near his residence in Sadashivanagar, he said, “IPL is a commercial tournament and does not represent the country. It is not right for public representatives to focus too much on such matters.”
Referring to the recent controversy during the RCB celebrations, he said, “let us find out who benefited the most from the statements made during the incident.” He also pointed out that BJP MLAs had received IPL tickets as well.
Responding to discussions about relocating the Chinnaswamy Stadium, Suresh said the government has already approved the construction of a new stadium at a location he had proposed.
“I had suggested building a stadium in Surya City and submitted a proposal for it. Bengaluru needs four stadiums in four directions to cater to its growing population and encourage youth participation in sports,” he said.
He noted that apart from Kanteerava Stadium, KSCA, and the Football Stadium, there are limited facilities in the city.
“When I was a Lok Sabha member, I had proposed allocating 100 acres in my constituency at Surya City. The land was later earmarked and the plan approved,” he added.
Suresh said he has discussed the project with Minister Zameer Ahmed Khan, Rajiv Gandhi Housing Corporation Chairman Shivalingegowda, and Anekal MLA Shivanna.
“The Cabinet has now approved the project, and a stadium will be developed on around 50–60 acres,” he said.
He further added that he has requested the Deputy Chief Minister to build another stadium at Shivarama Karanth Layout through the BDA, where 40 acres have been allocated. Plans are also being discussed to develop a well-equipped stadium in Bidadi.
Commending state government's recent bilingual policy move, Suresh said forcing children to learn three languages could affect their comprehension.
“It is a good decision to make two languages compulsory. Learning a third language should be left to the choice of students and parents,” he said.
Responding to criticism from BJP leaders, he said their tendency is to oppose every decision of the government.
“To please their central leadership, they take a pro-Hindi stance. Instead, they should advocate for the adoption of Kannada in all states,” he said.
When asked about the earlier three-language policy under Congress, he said, “the situation is different now. Today, the focus should be on quality learning. Kannada should remain the primary language, while students and parents can choose an additional language.”
