State of Digital Transformation in Asia

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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.

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5 Insights to Help Organisations Build Scalable AI – An ASEAN View

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Data & AI initiatives are firmly at the core of any organisation’s tech-led transformation efforts. Businesses today realise the value of real-time data insights to deliver the agility that is required to succeed in today’s competitive, and often volatile, market.

But organisations continue to struggle with their data & AI initiatives for a variety of reasons. Organisations in ASEAN report some common challenges in implementing successful data & AI initiatives.

Here are 5 insights to build scalable AI.

  1. Data Access a Key Stumbling Block. Many organisations find that they no longer need to rely on centralised data repositories.
  2. Organisations Need Data Creativity. A true data-first organisation derives value from their data & AI investments across the entire organisation, cross-leveraging data.
  3. Governance Not Built into Organisational Psyche. A data-first organisation needs all employees to have a data-driven mindset. This can only be driven by clear guidelines that are laid out early on and adhered to by data generators, managers, and consumers.
  4. Lack of End-to-End Data Lifecycle Management. It is critical to have observability, intelligence, and automation built into the entire data lifecycle.
  5. Democratisation of Data & AI Should Be the Goal. The true value of data & AI solutions will be fully realised when the people who benefit from the solutions are the ones managing the solutions and running the queries that will help them deliver better value to the business.

Read below to find out more.

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Artificial Intelligence Insights
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CIO & CSO: a Sustainable Partnership

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CIO & CSO: a Sustainable Partnership

Climate change is the biggest foundational shift that we must deal with as a planet and people.

The UN-Climate Change Conference in Glasgow (COP26) has firmly put environmental consciousness as a leading global priority. The last two years has given many organisations the opportunity to do a hard reset, in terms of doing something more meaningful with their sustainability objectives. A focus on Environmental, Social and Governance (ESG) parameters is becoming increasingly mainstream, and Net Zero commitments have taken centre stage across all industries. However, to achieve our climate goals by 2050, a lot more needs to be done. With the ‘Net Zero Intent’ gaining traction, many organisations are struggling with challenges around the practicability, regulatory support, and holistic decarbonisation programs across the value chain. This holds true for all industries but specifically felt in the ‘real economies’.

Technology in the form of networking, data centres and computing devices consume an estimated 10% of the world’s electricity.

At the same time, technology drives modern businesses and also enables organisations to measure, store, and understand the data around sustainability and create meaningful objectives and measurements for success.

When it comes to sustainability and decarbonisation, the CIO, is the perfect ally to the CSO as they partner to identify areas for improvement and execute on an organisations sustainability initiatives.

I would like to personally invite you to become a founding member of Ecosystm’s Sustainable Leaders ThinkTank to drive the direction towards sustainable innovation and to establish a decarbonisation pathway for the ‘real economy’ sectors. We look forward to you welcoming you as an advisor and participant of a quarterly invitation-only ThinkTank Forum where we will hear how organisations in Singapore are executing on their sustainability initiatives, and the role technology is playing.

How the CSO and CIO can create an alliance that empowers organisations to meet their ESG goals.

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5 Key Insights to Shape Your Cloud Strategy – An ASEAN View

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Digital transformation has been a key company objective over the last two years – and more than a third of enterprises in ASEAN have it as their key business priority in 2022-23. They are aiming to be agile and digital organisations – with access to real-time data insights at their core. 

Businesses have learned that their technology systems need to be scalable, accessible, easy to manage, fast to deploy and cost effective. Cloud infrastructure, platforms and software has become key enablers of business agility and innovation.

But the expansion of cloud applications has also seen an infrastructure and applications sprawl – which makes it essential for organisation to re-evaluate their cloud strategy. 

Here are 5 insights that will help you shape your Cloud Strategy.

  • Technology Change Management. Your cloud strategy must define the infrastructure and data architecture, security and resiliency measures, the technology environment management model, and IT operations.   
  • Building Scalable Enterprises. Focus on seamless access to all organisational data, irrespective of where they are generated (enterprise systems, IoT devices or AI solutions) and where they are stored (public cloud, on-premises, Edge, or co-location facilities).
  • A Hybrid Multicloud Environment. For a successful hybrid multi cloud environment, keep a firm eye on hybrid cloud management, a suitable FinOps framework that balances performance and cost, and integration.
  • A Technology-Neutral Approach. Partnering with a technology-neutral cloud services provider that leverages the entire tech ecosystem, will be critical.
  • “Hybrid Cloud” Can Mean Many Things. Work with a cloud services partner, that has broad and deep capabilities across multiple hyperscalers and is able to address the unique requirements of your organisation.

Read on for more insights

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Cloud Insights

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