UAE and KSA businesses are not digital-ready; report
Telecommunication and technology industry lead digital transformation, but public healthcare lags behind
Research by Dell Technologies has revealed that only 42% of businesses in the UAE and Saudi Arabia show a strong growth towards digital readiness.
The survey emphasises how many businesses view technology and digital leadership skills to ensure sustainable growth. Plus businesses in Europe, Middle East and Africa (EMEA) region maintain an average digital adoption pace, compared to America were counterparts have reached higher digital maturity.
The findings showed that while the telecommunication and technology industry are ahead in digital transformation, the public healthcare sector is lagging behind. Also highlighted is that only 4% of the many businesses surveyed in the UAE and Saudi Arabia are capable of acting digitally. While the vast majority admits to barriers, such as lack of digital expertise, hindering their progress towards becoming future-ready.
Further problems includes the growing digital skills gap, with more than 65% of respondents agree that the lack of in-house digital expertise and budget constraints hinder the advancement of their digital initiatives. However 28% of businesses are acquiring skills through mergers & acquisitions and joint ventures, whereas 27% are investing in digital skills.
Mohammed Amin, senior vice president, Middle East, Turkey and Africa at Dell EMC, said: "We believe the next industrial revolution is ripe with new opportunities and will fundamentally transform every industry. We are already experiencing this change with the rise of digital start-ups and innovative business models. Therefore, it is imperative for every business to keep pace with the momentum by undertaking digital transition.
"It is critical for every business leader to invest in digital talent and advanced technology to stay relevant and competitive in this rapidly contesting marketplace. As an industry leader, Dell EMC is strongly positioned to provide organisations, regardless of their size, with the essential technology and infrastructure to modernise their business and support them at every step of their digital roadmap."
The findings result from an independent survey by Vanson Bourne of 4,000 business leaders - from mid-size to large enterprises - across 16 countries, including UAE and Saudi Arabia, and 12 industries.