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A mere 7 per cent of companies have the right combination of culture and operating structure to spur growth from digital technologies, according to a new research from the Infosys Knowledge Institute. The report -- based on a survey of 2,700 business executives across the US, UK, France, Germany, Australia, New Zealand, China, and India -- found that companies that make decisions based on high quality, transparent data and build a culture of responsible risk-taking are more likely to deliver profitable growth in tough macro-economic conditions. Moreover, organising around products, not process, gets new products to market faster, increasing early-mover advantage. The report by Infosys Knowledge Institute (the thought leadership arm of Infosys) found that nine out of ten companies lack the culture and organisational structure to unlock digital growth. It said only seven per cent of companies have the correct combination of culture and operating structure to boost growth from digital
New demographic joining information superhighway, he says at Bengaluru Tech Summit
Technology company Siemens said India will be a key hub to further accelerate the digital transformation initiatives of its customers globally. Siemens, which is focused on industry, infrastructure, transport as well as transmission and generation of electrical power, has over 6,000 software engineers at its development centres in the country, according to the company On Tuesday, the company launched its 'Xcelerator' platform in India, which is an open and evolving digital business ecosystem. It comprises a comprehensive, curated portfolio that includes digital and Internet of Things (IoT)-enabled offerings from Siemens, and certified third parties, the company said. "India will play a key role in the global roll-out of Siemens Xcelerator India will be at the forefront and a key hub to further accelerate the digital transformation efforts of our customers worldwide," said Peter Koerte, Chief Technology Officer and Strategy Officer at Siemens AG. With the launch of the platform, t
As the audience went tech-savvy, our humble TV also turned smart. It offered them good content on the big screen. Find out how TV managed to stay relevant in this fast-changing world
PM Narendra Modi said "we are in a time of change" that happens once in an era, where technology and data are becoming new weapons
With more and more enterprises heading towards their digital-first state, DX technology spending is expected to grow two times faster than overall IT.
Google Cloud, which competes with global rivals such as Amazon and Microsoft, is on an accelerated path of signing new customers every week and month in India, says Bikram Singh Bedi
Organisations are responding to the advent of digital in a world that is experiencing change at an exponential speed