Only 4% of Singapore businesses are digital leaders: Dell

SINGAPORE (Oct 10): Only 4% of businesses in Singapore can be considered digital leaders while more than half are digital followers and digital laggards, meaning that they are either moving too slowly or don’t even have a digital plan in place, according to the latest Digital Transformation Index (DT Index) by Dell Technologies.

The index was compiled in collaboration with Intel and maps digital transformation progress of mid- to large-sized companies, as well as examines the digital hopes and fears of business leaders. The study was launched in 2016 and this is the first year that Singapore is included.

The study also showed that 35% of Singapore heads of business believe their organisation will struggle to meet changing customer demands in the next five years and 43% of them are afraid that they will be left behind.

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