Tech Strategy Report

THE WHY

TALENT

ECOSYSTEM

GROWTH

RESOURCES

Digital Transformation Connecting Businesses & Tech Attract & Grow Existing Tech Market Tech Hub

Overview

Digital Transformation Trends

Businesses across industries have significantly ramped

up the pace of digitalization throughout the pandemic years.

84%

65%

Participants that accelerated d igitization

Bussiness that need new digitalization

According to a survey conducted by the World Economic Forum, the COVID-19 pandemic caused 84% of participants to accelerate digitization and 50% of respondents to accelerate automation efforts. 1 A separate study conducted by McKinsey found that 65% of businesses it surveyed conveyed the need to build new digital businesses, and 21% expressed the need to embed digital operations into their current business model by 2023. 2

50%

21%

Respondents that are accelerating automation efforts

Businesses that want to embed digital operations into their current model

1 World Economic Forum. The Future of Jobs Report 2020

2 McKinsey. The New Digital Edge: Rethinking Strategy for the Postpandemic Era. May 2021

Made with FlippingBook Annual report maker