VMware Innovations Help Drive Asia Towards a Digital Future
Yahoo India | May 28, 2019
According to Gartner's 2019 CIO Survey, the survey results show that digital business has reached a tipping point. Forty-seven percent of Asia Pacific CIOs report their enterprises have already changed their business models or are in the process of changing them. Thirty-one percent of Asia Pacific CIOs are also scaling up their digital transformation efforts to capitalize on the region's growth -- ASEAN's digital economy is projected to hit US$5.1 trillion by 2025 alone, up from US$200 billion in 2018. While businesses in the region appear ready for the next chapter of their growth, lack of organizational agility and slow pace of change remain key obstacles to their digital transformation journeys. "There is no question that businesses need to transform themselves to stay relevant in Asia's new economic paradigm. The question is how can they support innovation and business growth in the coming decades," said Sanjay K. Deshmukh, vice president and managing director, Southeast Asia and Korea, VMware. "With VMware's end to end portfolio of innovative solutions, we are laying out a blueprint for digital transformation success, so our customers can grow alongside the region's burgeoning digital economy."