1、Nowhere to Hide: Embracing the Most Seismic Technological and Business Change in our Lifetime 400 Global 2000 executives share their views on protecting, adapting, and digitizing their businesses in the new reality Click here or press enter for the accessibility optimised version Introduction Click
2、here or press enter for the accessibility optimised version For years, the world of business technology has buzzed with excitement for connected global talent and the possibilities of processes and data running in the cloud. Each innovation helped organizations run the same processes with greater ef
3、ficiency, cost, and speed by exploiting greater access to global talent, aided by the internet and superior telecommunications. However, change has been perennially slowspanning decades, as Exhibit 1 shows: HFS Research, in partnership with Infosys, surveyed 400 Global 2000 executives to gauge the s
4、entiment of enterprises post the pandemic shock, call out the impact, and reveal recovery insights. Exhibit 1: We are hurtling towards the Hyperconnected Economy. Real change must happen now Source: HFS Research, 2020 Global talent and services, the onset of the private cloud, and the early wave of
5、digital services enabled organizations to respond to customer needs quickly and competitively. However, few organizations were motivated to make fundamental changes to their processes because they simply didnt have to. While the promise of emerging technologies has captured the C-suites attention, o
6、nly 30% of enterprises have scaled up cloud initiatives. Fewer than 20% have industrialized automation, analytics, and AI initiatives, and fewer than 10% have an enterprise-wide approach to using emerging technologies. We are trapped with legacy dragons and cultural silos. In recent years, it has be