70 percent of business leaders say that cloud adoption is urgent now and over the next two years, to increase productivity and drive business growth, according to a recent survey by cloud advisory and solutions firm Alpha7.
However, 75 percent of respondents state they have no plans for digitalisation, or have just started their digital transformation journey. They also said that the top obstacles toward cloud adoption are budget (26 percent), followed by technology integration (21 percent), Alpha7 said in a press statement on 29 August 2016.
"What we are constantly seeing [is] the gap between knowledge and adoption," said Lynette Seah, CEO and Founder of Alpha7. "Similar to many other business decisions, budget and integration remains the biggest obstacle, but we feel the real issue here is people. Key decision makers don't know how or what to do, or where to start, and this affects their expectations of budget and integration."
The survey was conducted at Alpha7's June Digital HR Transformation workshop, attended by more than 100 business leaders from a variety of industries.
Respondents also provided insight into the readiness of cloud adoption in Singapore. 60 percent stated that Singapore is competitive in cloud adoption as compared with other countries in the region. 45 percent said that their own organisations are ready for cloud adoption.
Operations (25 percent), finance (23 percent), and human resources (19 percent) were the business functions identified as most important for automation, according to the survey.
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