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