Digital transformation is defined as the methodology enterprises can use to transform and create new business models and culture with digital technologies.
The convergence of new digital technologies, including social media, mobile, cloud and embedded devices is presenting opportunities and rapid technology changes. The threat landscape is also transforming as malware and phishing attacks are rising rapidly. In addition, increasing regulatory pressures such as the implementation of GDPR further prove the need for stronger security measures.
Research shows that businesses which have succeeded in delivering a fundamental transformation of their activities through technology benefit from a significantly better financial performance than their peers.
- By the end of 2019, spending on digital transformation will reach $1.7 trillion worldwide. -IDC
- 60% of businesses will suffer major service failures by 2020 due to the inability manage digital risk. – Gartner
- By 2020, 60% of all enterprises will have fully articulated an organisation-wide digital platform strategy, and will be in the process of implementing it. -IDC
Digital transformation technology spending continues to grow across all geographies and industries. tahawultech.com’s Evolve Forum will bring together more than 250 business owners from the public and private sectors, who will share their journey on how technology allowed them to transform their business.
The tahawultech.com Evolve Forum will shed light on strategies needed for regional businesses to map out their transformation journey and how to embrace digital through the right vision and leadership.
Join us at this exclusive industry event and find out the latest thinking on the key programmes, technologies, and processes that’s needed to achieve success in the digital economy.