Saudi Ministry of Education to showcase innovations at 2025 Geneva International Exhibition    7,523 violators of residency, labor, and border security laws deported in a week    Video contradicts Israeli army account of deadly March 23 strike on Gaza paramedics    Saudi Arabia spends over $241 million to implement de-mining projects in 3 countries    Italy's Meloni government approves controversial security decree expanding police protections and penalties    Egypt submits new Gaza ceasefire and prisoner exchange proposal: Report    'Everything is possible' — Ronaldo focused on titles, not 1,000-goal milestone after Riyadh Derby win    Saudi, US military leaders discuss enhanced defense cooperation in Riyadh    King Salman Global Academy for Arabic Language launches program with Indiana University    Ronaldo brace powers Al Nassr past Al Hilal in Riyadh derby thriller    Ed Sheeran weaves Persian music into new song, Azizam    Al-Jadaan: Crown Prince's directives confirm government's ability to bring back balance to real estate market    Veteran Bollywood actor Manoj Kumar dies at 87    Foreign investors are allowed to engage in real estate business outside Makkah and Madinah Commercial speculation should not be the purpose of real estate transaction    Aubameyang fires Al Qadsiah into King's Cup final with stoppage-time winner over Al Raed    Musk's X is suing India, as Tesla and Starlink plan entry    Tesla sales plunge after backlash against Elon Musk    Danilo Pereira fires Al Ittihad into King's Cup final with dramatic stoppage-time double    Screen time in bed linked to insomnia, study finds    Mexico bans junk food in schools to fight childhood obesity epidemic    Sweet sales surge ahead of Eid as Saudi chocolate imports top 123 million kg in 2024    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Most businesses regard digital start-ups a threat
Published in The Saudi Gazette on 31 - 10 - 2016

According to new research from Dell Technologies, 85% of businesses believe digital start-ups will pose a threat to their organization, either now or in the future. This phenomenon is propelling innovative companies forward and accelerating the demise of others. Almost half (45%) of businesses surveyed fear they may become obsolete in the next three to five years due to competition from digital-born start-ups.
Some companies are feeling badly bruised by the pace of change. More than half (54%) of business leaders have experienced significant disruption in their industries over the past three years as a result of digital technologies and the Internet of Everything, and 44% of businesses don't know what their industry will look like in three years' time.
The findings result from an independent survey by Vanson Bourne of 4,000 business leaders – from mid-size to large enterprises – across 16 countries and 12 industries including UAE and Saudi Arabia
Some companies have barely started their digital transformation. Many have taken a piecemeal approach. Only a small minority have almost completed their digital transformation. Only 7% of businesses surveyed are performing critical digital business attributes* well. While only parts of many businesses are thinking and acting digitally, the vast majority (71%) admits digital transformation could be more widespread throughout their organization.
Nearly two-thirds (63%) confess to not acting on intelligence in real-time. Only 41% of businesses reported to meet customers' top demand for better security, while only 46% of businesses said they can meet the demand for 24/7 faster access to services and information
Dell Technologies' Digital Transformation Index supplements the research and rates companies based on respondents' perceived performance about their firms' digital transformation. According to the benchmark, only 4% of businesses in UAE and Saudi Arabia have catapulted themselves into the Digital Leaders group
Given the acute threat of disruption, businesses are starting to escalate a remedy. To advance their digital transformation:
. 73% agree they need to prioritize a centralized technology strategy for their business
. 64% are planning to invest in IT infrastructure and digital skills leadership
. 69% are expanding their software development capabilities
In order of priority according to respondents, the top planned IT investments over the next three years are:
. Internet of Things technologies- 43%
. Ultra-high performance technologies (Example: Flash) – 42%
. Analytics, big data and data processing (Example: Data Lakes) – 42%
. Next Generate Mobile Apps - -41%
"We're in the midst of the next industrial revolution that will fundamentally alter the way we live, work and relate to one another. This shift will transform the way every business in every industry operates. We are already witnessing a transformation of business priorities as both public and private sector entities across this vast region continue to invest in advanced new technologies to better meet changing customer needs and expectations. In the near future, almost every business will have software development expertise at its core. Many of these companies will be brand new; others – having not written a line of code in 20 years – will have been on a momentous journey. New digital products and services will drive the transformation of IT infrastructure as businesses struggle to manage 1000x more users and 1000x more data. We believe that this monumental change is rich with opportunity, and we see ourselves as the transformational catalyst, and partner, for our customers," said Mohammed Amin, Senior Vice President, Turkey, Eastern Europe, Africa and Middle East at Dell EMC. — SG


Clic here to read the story from its source.