the age of hypercomplexity - baker mckenziethe age of hypercomplexity technology, business and...

THE AGE OF HYPERCOMPLEXITYTechnology, Business and Regulators in Asia Pacific

86% say they have seen major technological disruption in their sector over the last 2 years.

61% predict the rate of change will accelerate, and 29% believe the rate of change is exponential.

31% see themselves as leading the change.

31% said they were highly adept at exploiting the benefits of new technologies.

70% believe regulators are well behind the curve in terms of keeping up with technology driven change.

31% 69%

A disruptor Disrupted

Highly adept Somewhat adept Just about keeping pace Inept

How adept is your organisation at exploiting the benefits of new technologies?

31% 38% 30% 1%

GREATEST TECH RISK

THE VIEW FROM INDIAN BUSINESS LEADERS

26%CUSTOMER DATA

BREACH

39%THEFT OF SENSITIVE

INFORMATION

26%DOS ATTACK / SYSTEM CRASH / LOCK DOWN

61%BIG DATA

57%CLOUD COMPUTING

47%CUSTOMER RELATIONSHIP MANAGEMENT / LOYALTY SYSTEMS

9%

PHISHING SCAMS / CURRENCY THEFT

Methodology: 600 respondents surveyed to capture the opinions of C-suite executives and director level managers of their respective organizations. 100 of these respondents were leaders of multinationals in India, or those headquartered in India. Survey respondents were split across corporations with a primary industry focus in: energy, mining and infrastructure; technology; media and telecommunications; healthcare; financial institutions; consumer goods and retail; and industrial, manufacturing and transportation.

46%

HOW SUCCESSFUL IS YOUR ORGANISATION AT MANAGING THE RISKS OF NEW TECHNOLOGIES?

THE GREATEST COST INCREASE OVER THE NEXT TWO YEARS

TECHNOLOGIES THAT WILL IMPACT THEIR BUSINESS OVER THE NEXT TWO YEARS

Almost half (46%) rate their companies as being somewhat successful in managing the risks from new technologies.

Somewhat successful

Unsuccessful

Just about keeping pace (Neutral)

72%REGULATORY COMPLIANCE

54%INVESTMENT IN NEW TECHNOLOGY

38%MATERIALS, MANUFACTURING PRODUCTION

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