Data privacy, cyber security are biggest barriers of digital transformation
Terming data privacy and cyber security concerns as biggest barriers to digital transformation, almost half of Indian businesses say they will struggle to meet changing customer demands within five years, a survey by Dell Technologies revealed on Tuesday.
"It's an exciting time to be in business. However, only technology-centered organizations will reap the rewards offered by a digital business model, including the ability to monetize the data, identify actionable insights, move quickly and automate everything to delight customers," said Rajesh Janey, President, and MD - India Enterprise, Dell EMC.
The top five barriers to digital transformation are data privacy and cybersecurity concerns, regulation or legislative changes, lack of the right in-house skill sets and expertise, information overload and weak digital governance and structure.