Digital transformation leading topic for Pak businessmen at GITEX

Staff Reporter

KARACHI: This is the decisive moment for Pakistan's organizations to adopt Big Data and Internet of Things solutions to drive business and economic competitiveness, one of the world's leading digital transformation enablers, SAP, announced today at GITEX Technology Week in Dubai.
GITEX is one of the world's largest technology events, with over 100,000 visitors and 4,000 exhibitors - including Pakistan's leading business executives, technology futurists, and startup entrepreneurs.
The biggest topic of discussion here is the urgency facing global organizations in embracing digital transformation. Every industry vertical is looking to embrace emerging technological innovations such as artificial intelligence, blockchain, machine learning, and the Internet of Things.
 Digital leaders expect 23 percent more growth by 2019, and already have 85 percent of market share and 80 percent of profitability versus competitors. However, while 84 percent of organizations say that digital transformation is critical, only 3 percent have completed digital transformation, according to the new SAP and Oxford Economics Digital Transformation Executive Study.
"Pakistan's digital leaders already have a head start in the constantly-evolving Digital Economy. This is the decisive moment for all of Pakistan's organizations to undergo digital transformation, and harness the power of Big Data and analytics, Internet of Things, and digital skills. Pakistan's CIOs need to treat digital transformation as an all-encompassing and knowledge-sharing business imperative to disrupt the competitive landscape, said Gergi Abboud, Managing Director, Gulf, North Africa, Pakistan, and Levant at the digital transformation enabler SAP.