{"id":2308,"date":"2015-11-27T07:05:42","date_gmt":"2015-11-27T07:05:42","guid":{"rendered":"https:\/\/www.digitalcreed.in\/?p=2308"},"modified":"2021-10-24T18:17:59","modified_gmt":"2021-10-24T12:47:59","slug":"55-per-cent-of-organizations-in-india-have-a-digital-it-roadmap-in-place-says-new-kpmg-dell-study","status":"publish","type":"post","link":"https:\/\/www.digitalcreed.in\/55-per-cent-of-organizations-in-india-have-a-digital-it-roadmap-in-place-says-new-kpmg-dell-study\/","title":{"rendered":"55 per cent of organizations in India have a digital IT roadmap in place, says new KPMG- Dell study"},"content":{"rendered":"<ul>\n<li>32% of the organizations have a formalized digital strategy in place<\/li>\n<li>Mobility and data protection are immediate investments which companies plan make in the next 1-3 months; cloud adoption foresees a period of one year<\/li>\n<li>Mobile technologies and IT, Risk &amp; Compliance are top IT spending priority areas for companies in 2015<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>India, November 25, 2015<\/strong>: Dell, the world\u2019s fastest growing large integrated IT Company, today announced the results of the Future Ready survey done in collaboration with KPMG. The focus of the survey was to check organizations\u2019 readiness towards facing digital disruption brought about by a set of disruptive technologies such as cloud, big data, IoT, mobility, and social amongst others. The survey was conducted with CIOs of 61 leading companies in India across various verticals to understand their views and approaches towards digital technologies. The survey report was unveiled at Dell India\u2019s biggest annual customer event, the Dell IT Executive Summit 2015, held at Colombo, Sri Lanka, from October 9-11, 2015.\u00a0 The results of the survey were presented to a gathering of over 120 CIOs by Akhilesh Tuteja, Partner-IT Advisory, KPMG.<\/p>\n<p>As per the survey, 32% of the organizations have a formalized digital strategy in place in one or more business units.\u00a0 30% of the organizations do not have a formal digital strategy but are working on one. 25 % of the organizations have an enterprise-wide digital strategy.<\/p>\n<p><b>Key Highlights of the survey<\/b><\/p>\n<p>&gt;&gt; <b><span lang=\"EN-IN\">Top IT Spending Priorities<\/span><\/b><span lang=\"EN-IN\"> Top IT spending priorities for 2015 include Mobile Technologies (88%), IT Governance, Risk &amp; Compliance (82%), Business Intelligence (80%), Analytics (80%) and Enterprise Applications (76%). <\/span><\/p>\n<p>&gt;&gt; <b><span lang=\"EN-IN\">Annual IT Budget<\/span><\/b><span lang=\"EN-IN\"> For most organizations, the annual budget is more than 20 crore (27.5%) and about 23% of the organizations spend in the range of 1-10 crore on IT. Seventy percent\u00a0 of the organizations increased their annual IT budget by 10-20% in the last one year<\/span>.<\/p>\n<p>&gt;&gt; <span lang=\"EN-IN\"><strong>Digital IT Spend, Role, and Responsibility<\/strong> 32% of the CIOs state that they spend 10-20% of their IT budget on digital technologies while 19% of the CIOs spend 20-30 %. As high as 19% of the CIOs spend more than 30% of their IT budget on digital technologies. Only 6% organizations have a full time digital strategy officer. Majority of the organizations do not have anyone tagged to their digital strategy. 45% of the respondents think that digital is a good contributor to revenue\/profitability\/customer service, etc. 28% of the respondents think that it is the mainstream contributor.<\/span><\/p>\n<p>&gt;&gt; <b><span lang=\"EN-IN\">Barriers for adoption <\/span><\/b><span lang=\"EN-IN\">The biggest barriers for adoption of emerging technologies in organizations are data sovereignty and privacy (71%), level of Technology literacy (58.3%), regulatory compliance (54%), understanding technological shifts (50 %) and physical control (29%)<\/span>.<\/p>\n<p>&gt;&gt; <b><span lang=\"EN-IN\">Risks and Threats <\/span><\/b><span lang=\"EN-IN\">Cyber security is one the key threats which keep CIOs awake, 96% of the respondents recognize the risks posed by cyber-attacks. For 92% of the CIOs, the focus has shifted from catalyzing adoption to helping ensure the appropriate governance throughout the adoption lifecycle.<\/span><\/p>\n<p><strong>Key Takeaways from the survey<\/strong><\/p>\n<p>&gt;&gt; Digital disruption has started to seep into the organization\u2019s key agenda in a big way, aligning itself to the existing roadmap. The fusion of emerging technologies has started to kick off as the CIO sets aside a budget for digital technologies<\/p>\n<p>&gt;&gt; Social media has become an important tool for organizations to engage with their customers. Use of social media has facilitated organizations to increase brand awareness and monitor competitor activity. It has greatly reduced the time taken by the customer to access information and choose from a plethora of options to the extent that customers is willing to trade off their privacy for convenience<\/p>\n<p>&gt;&gt; The focus of organizations on analytics has gained significant importance as it has become the key driver for all kinds of decision-making from procurement of raw material and manufacturing to marketing\/branding the product and providing after sales service<\/p>\n<p>&gt;&gt; Internet of Things is catching on fast and organizations are readily accepting the change. Despite having security concerns, organizations are ready to undergo this transformation<\/p>\n<p>&gt;&gt; With digitalization, there is an increase in the number of cyber-attacks encountered by organizations and this area has become one of the top items in the top priority list<\/p>\n<p>&gt;&gt; There is an increase in the uptake of open technologies that are used by companies as they provide competitive advantage. Companies are able to connect with customers on a real-time basis in addition to bringing down data storage costs. However, the flip side is that these technologies increase the risk exposure. Security of data has become a key concern<\/p>\n<p>Post-privatization, Dell is surging ahead as an end-to-end solutions provider with the speed and agility of a start-up. Dell is the only company with products &amp; solutions from a Desktop to a Datacenter and driving innovation at the speed of business. With the world becoming more compute-centric and software-driven,\u00a0 Dell has introduced new solutions that address each of these market segments needs and tailored to new-generation workload requirements.<\/p>\n<p><strong>Key Quotes<\/strong><\/p>\n<p><strong>Sudharsan, Commercial Marketing Head, Dell India <\/strong><\/p>\n<p><em>\u201cTechnologies such as Security, Mobility, Cloud, Analytics and the Internet of Things are no longer disparate approaches. These allied forces are disrupting businesses, choice of technology and role of CIO\u2019s\/ITDM\u2019s. The survey helps us understand the concerted focus made by organizations in enabling a Future Ready Enterprise, embracing digital and emerging technologies as means to accelerate business transformation. Dell is deeply invested in several strategic initiatives across the board and fine-tuned our solution offerings to support Future Ready Enterprises, based on insights from our customers and partners.\u201d\u00a0\u00a0\u00a0 <\/em><\/p>\n<p><em>\u00a0<\/em><strong>Akhilesh Tuteja, Partner- IT Advisory, KPMG <\/strong><\/p>\n<p><em>\u201cDigital is the new vehicle being driven by CIOs to ride into the future. Companies are quickly jumping on the bandwagon having acknowledged the fact that digital technologies will enable business models of future and will help transform enterprises.<\/em><\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<p>PRESS RELEASE<\/p>\n","protected":false},"excerpt":{"rendered":"<p>32% of the organizations have a formalized digital strategy in place Mobility and data protection are immediate investments which companies plan make in the next 1-3 months; cloud adoption foresees a period of one year Mobile technologies and IT, Risk &amp; Compliance are top IT spending priority areas for companies in 2015 &nbsp; India, November [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[110],"tags":[194,464,465,463],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.7 (Yoast SEO v22.5) - 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He founded Digital Creed in 2015. A technology buff, former computer instructor, and software developer, Brian has 29 years of journalism experience (since 1994). Brian is the former Editor of CHIP India, InformationWeek India and CISO Mag. He has served India's leading newspaper groups: The Times of India and The Indian Express. Presently, he serves the Information Security Media Group, as Sr. Director, Editorial. You'll find his most current work on CIO Inc. During his career he wrote (and continues to write) 5000+ technology articles. He conducted more than 450 industry interviews. Brian writes on aviation, drones, cybersecurity, tech startups, cloud, data center, AI\/ML\/Gen AI, IoT, Blockchain etc. He achieved certifications from the EC-Council (Certified Secure Computer User) and from IBM (Basics of Cloud Computing). Apart from those, he has successfully completed many courses on Content Marketing and Business Writing. 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