Enterprises of 90 percent are yet to achieve digital-first goals: Tata Communications report
Enterprises of 90 percent  are yet to achieve digital-first goals: Tata Communications report
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Tata Communications, a global digital ecosystem enabler, on Monday unveiled “Leading in a Digital-First World; Enabling Success with the Right Mindset, Ecosystem and Trust” Report which finds 90 percent of enterprises are yet to achieve their digital-first goals with 49 percent admitting that cybersecurity is the topmost priority for their business.

It also brings to light that 45 percent of enterprises lost productivity during the Covid19 crisis due to problems of connectivity and 41 percent enterprises attribute the shift to digital-first operating models for maintaining market share during the course of the pandemic. The report titled 'Leading in a Digital-First World; Enabling Success with the Right Mindset, Ecosystem and Trust' carries a survey conducted among business leaders across 750 enterprises in 11 countries and classifies them into three distinct categories as per their digital maturity stage.

Only 10 percent enterprises have the most advanced digital operating models, connectivity platforms and strategies ensuring secure and trusted operations, according to the report. About 63 percent of them attribute revenue growth to their digital-first strategy. Nearly 52 percent of enterprises have limited digitalisation in their business but still need to improve in several areas of digital capability.

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