Today, Asia is home to nearly 60% of the world’s population and accounts for 39% of the global GDP. As the region’s importance continues to grow (7 out of the top 10 economies is expected to be from the region, contributing to 47% of the global GDP by 2030), investment in Asia is a key priority for governments and large corporates around the world.
With the region taking centre-stage, there is a growing optimism as opportunities open up for local economies. It remains a unique market – differentiated by a strong spirit of innovation, vibrant startup ecosystem, and propensity to leverage technology to transform.
At the Leaders Dialogue: Asian Sentiment 2023 conversation, Ecosystm Founder and Chairman, Amit Gupta; Ahmed Mazhari, President of Microsoft Asia; Padmashree (Paddy) Santosh, VP & Global Head of Learning, Diversity and Organisation Effectiveness at Olam Agri; and Luca Destefanis, Head of Marketing APAC at Kyndryl discussed where Asia is leading and lagging behind when it comes to tech-led transformation and innovation.
Here are the key highlights:
- Asia demonstrates a “Disrupt or be Disrupted Mindset”
- The need for innovation is encouraging corporate venturing
- There is a growing interest in emerging tech
- Yet organisations might be scratching the surface
- Outcome-led transformation will be the key
Read on for more insights into Asian sentiment.