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Abu Dhabi: Gulf Business Machines, in partnership with International Data Corporation (IDC), has released a study highlighting the need for organizations to overcome the organizational and technology barriers in the path of their digital transformation. The whitepaper titled ‘Breaking the Deadlock and Accelerating Digital Transformation’, released at GBM’s inaugural DX Summit, explains the ‘digital deadlock’ organizations face and identifies specific strategies to revitalize their digital transformation projects.
Based on recent studies done by IDC, it is expected that by 2022, more than 60% of the global economy will be digitized. Global IT-related spending on digital transformation is also expected to reach $7.5 trillion. According to IDC's CIO Survey 2018, 53% of large enterprises in the Gulf countries (excluding Saudi Arabia) are currently undergoing digital transformation, while 19% are about to commence, and another 25% are planning their digital transformation. Regionally, the public sector organizations are leading the way, driven by federal and state-level transformation strategies. The banking, retail, healthcare, telecommunications and oil and gas companies have also initiated digital transformation projects.
However, the whitepaper indicates that nearly 60% of organizations globally are trapped in a 'digital deadlock'. While many organizations are able to execute relatively smaller digital projects within departmental or functional silos, a large proportion of them are unable to move beyond these ad hoc digital projects and scale transformation across the organization.
“Digital transformation is central to the UAE’s vision, with the public sector already employing tailored programs to accelerate this. Abu Dhabi has an eGovernment Strategy in place that aims to enable rapid digital transformation of government services. Dubai is also on its digital transformation journey, with the government initiating this through Smart Dubai 2021. As such, it is crucial to ensure digital deadlock does not slow down the transformation of both public and private sector entities,” said Miguel Khouri, General Manager of GBM Abu Dhabi. “As the technology partner to our clients, we help develop a company-wide digital transformation strategy and build their confidence in the digital transformation process. Our goal is to help them overcome the challenges in the process and leverage digital technologies to strategically prepare themselves for the future.”
The whitepaper outlines that digital transformation can be achieved when organizations develop an agile, scalable and secure technology infrastructure, build a robust information architecture, and re-design and efficiently automate business processes. As a result of this transition, organizations can expect greater agility, improved efficiencies, transformed customer experiences and opportunities for new revenue generation.
The first edition of the GBM DX Summit created a platform for businesses in UAE to engage in and experience breakthrough innovations and technologies, which would enable them to put digital transformation into action. Leading industry analysts and practitioners came together to discuss ways to break the current digital transformation deadlock, and digital experts also provided guidance and insights into best practices to overcome the challenges companies face in the path of digital transformation. In addition, CIOs and line of business executives from leading global and local companies were brought together in sessions curated to offer advice based on their own digital transformation journeys.
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About Gulf Business Machines (GBM)
With more than 28 years of experience, 7 offices and over 1500 employees across the region - Gulf Business Machines (GBM) is a leading end-to-end digital solutions provider, offering the region’s broadest portfolio, including industry-leading digital infrastructure, digital business solutions, security and services. We have nurtured partnerships since 1990 with the world’s leading technology companies and invested in a talented, skilled workforce to implement solutions that cater to customer’s specific, complex and diverse business needs.
Some of our strategic partners in the Gulf include IBM as their sole distributor throughout the GCC (excluding Saudi Arabia and selected IBM product and services), Cisco as a Gold Partner (the highest level of certification at Cisco), and VMware as a Premier Partner (the highest partner status within VMware).
For more information, please visit www.gbmme.com
About IDC
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. To learn more about IDC, please visit www.idc.com . Follow IDC on Twitter at @IDC.
For further information, please contact:
Corporate Communications
Gulf Business Machines
Tel: +971 554065803
Email: communications@gbmme.com
Weber Shandwick
Tel: +971 4 445 2245
Email: gbm@webershandwick.com
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