53% businesses in India are far from their digital transformation goals: Report

  • The findings are based on a survey conducted by Forrester Consulting on behalf of Dell
  • It involved more than 4,000 decision-makers from 45 countries globally, including 1,000 respondents from nine countries including India.

Livemint
Updated23 Sep 2021, 03:08 PM IST
The study revealed that 74% of businesses in India believe they are data-driven but only 24% in India testified to treating data as capital and prioritizing its use across the business.
The study revealed that 74% of businesses in India believe they are data-driven but only 24% in India testified to treating data as capital and prioritizing its use across the business.

53% of businesses in India are far from realizing their digital transformation goals, according to the results of a study conducted by Forrester Consulting on behalf of Dell.

The findings are based on a survey of more than 4,000 decision-makers from 45 countries globally, including 1,000 respondents from nine countries including India. The study builds on the Dell Technologies Digital Transformation Index research, which assesses the digital maturity of businesses around the globe.

The study revealed that 74% of businesses in India believe they are data-driven but only 24% in India testified to treating data as capital and prioritizing its use across the business.

71% of Indian businesses said they need more data, but 82% of them stated they have more data now than they can handle. Most said they believe in the data benefits of transitioning to an on-demand model, but only a few have made the move.

The results showed that 82% of businesses in India are yet to progress either their data technology and processes and/or their data culture and skills.

“At a time when businesses are under immense pressure to embrace digital transformation to accelerate customer service, they need to juggle getting more data in, as well as better mining the data that they have. Particularly now, with 44% globally and in APJ saying the pandemic significantly increased the amount of data they need to collect, store, and analyze,” said Amit Midha, president, Asia Pacific and Japan and Global Digital Cities, Dell Technologies.

Over the past 18 months, the on-demand sector has expanded, igniting a new wave of data-first, data-anywhere businesses. However, the number of businesses that have moved the majority of their applications and infrastructure to an as-a-service model is still at 24% India.

Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:23 Sep 2021, 03:08 PM IST
Business NewsNewsIndia53% businesses in India are far from their digital transformation goals: Report

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    ITC share price

    481.30
    03:52 PM | 6 NOV 2024
    1.25 (0.26%)

    Tata Steel share price

    153.60
    03:59 PM | 6 NOV 2024
    1.3 (0.85%)

    Infosys share price

    1,824.30
    03:58 PM | 6 NOV 2024
    70.5 (4.02%)

    Larsen & Toubro share price

    3,646.65
    03:44 PM | 6 NOV 2024
    71.25 (1.99%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    National Aluminium Company share price

    245.00
    03:55 PM | 6 NOV 2024
    10 (4.26%)

    EPL share price

    270.15
    03:42 PM | 6 NOV 2024
    8.15 (3.11%)

    Firstsource Solutions share price

    380.35
    03:53 PM | 6 NOV 2024
    10.95 (2.96%)

    City Union Bank share price

    178.85
    03:29 PM | 6 NOV 2024
    0.15 (0.08%)
    More from 52 Week High

    Hindustan Zinc share price

    513.15
    03:54 PM | 6 NOV 2024
    -46.3 (-8.28%)

    Great Eastern Shipping Company share price

    1,257.65
    03:53 PM | 6 NOV 2024
    -36.35 (-2.81%)

    Five Star Business Finance share price

    654.85
    03:43 PM | 6 NOV 2024
    -18.8 (-2.79%)

    Triveni Engineering & Indus share price

    406.00
    03:29 PM | 6 NOV 2024
    -11.25 (-2.7%)
    More from Top Losers

    Syrma SGS Technology share price

    554.00
    03:51 PM | 6 NOV 2024
    47.45 (9.37%)

    Dixon Technologies (India) share price

    15,658.95
    03:43 PM | 6 NOV 2024
    1262.95 (8.77%)

    Tejas Networks share price

    1,409.95
    03:55 PM | 6 NOV 2024
    101.7 (7.77%)

    Eclerx Services share price

    3,263.35
    03:52 PM | 6 NOV 2024
    231.45 (7.63%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      80,365.00110.00
      Chennai
      80,371.00110.00
      Delhi
      80,523.00110.00
      Kolkata
      80,375.00110.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.92/L0.00
      Chennai
      100.80/L0.00
      Kolkata
      104.95/L0.00
      New Delhi
      94.77/L0.00

      Popular in News

        HomeMarketsPremiumInstant LoanMint Shorts