India leads in business impact of digital transformation

Sunil Manglore, MD, CA Technologies India, released the India results of the global survey. The findings were based on the Digital Transformation Business Impact Scorecard (BIS), a global ranking of countries and industries across 14 key performance indicators (KPIs) critical for digital transformation success. India ranks first on the list for the BIS. With a score of 79 (out of 100), the impact driven from digital initiatives in India is higher than the global BIS average score of 53 and Asia Pacific and Japan (APJ) score of 56. 

Conducted in May and June 2016, the survey covered 1,770 senior business and IT executives from large enterprises, across 21 countries and 10 industry sectors. A total of 799 respondents were from APJ area, including 78 in India. “India is at the cusp of a major revolution, as we see digital technologies being at the center of business strategy for leading businesses. Our survey results are a testimony to a strong correlation between business performance and smarter technologies that underpin digital transformations,” he said. 

The survey found a strong correlation between businesses adopting digital transformation and their business performance. However, despite leading the digital transformation initiatives, only 46 per cent of Indian decision makers believe they are disrupting their respective industries with advanced digital initiatives.