Most respondents (96 percent) in Singapore said their organisation is implementing digital transformation, according to a new Brocade research.
Ninety-two percent strongly agreed or agreed that businesses that move towards digital transformation will be more competitive and more relevant to all of their user communities.
Eighty-four percent felt that the IT department in their organisation is restricted in its ability to support digital transformation.
Sixty-four percent said deploying mobility strategies is amongst the top strategy to delivering on future business innovation and success.
Globally, over 70 percent of IT teams said that if they had more opportunity to be flexible in their approach to technology, benefits would include increased competitiveness (36 percent), more time to focus on innovation (31 percent), the elimination of shadow IT (30 percent), a 12 percent increase in revenue and 10 percent decrease in costs.
Ninety percent of respondents in Singapore felt that the CIO and IT management in their organisation are limited in how much they can innovate.
Lack of budget (54 percent) and inflexible legacy system (40 percent) are the top inhibitors that are delaying the deployment of new technologies, business processes and systems in their organisation.
Ninety-four percent strongly agreed or agreed that if the IT department were given freedom to deploy the latest technologies, then they could drive and enable more innovation in the organisation.
"As companies move to digitise their businesses, they need an underlying network infrastructure that allows them to innovate quickly. We believe the network must become a platform for innovation to develop, deliver and secure applications," said Orcun Tezel, senior director of Systems Engineering for APAC, Brocade. "This is best achieved through implementing network architectures that are software-centric, open and agile, such as the New IP."
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