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Study: Execs committed to digital business despite security concerns, execution challenges

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Study: Execs committed to digital business despite security concerns, execution challenges

72% see a digital business model as critical for success.

A recent survey sponsored by tech provider Unisys shows a strong commitment among executives to adopting a digital business model, with the cloud as the key enabler. However, the study also indicates that security concerns and tepid execution complicate the ability of the executives' organizations to deliver on that commitment.

The study polled 175 IT and business executives in the United States and Europe on the initiatives their organizations are undertaking to capitalize on the convergence of social, cloud, mobility, data analytics, internet of things (IoT) and security to drive new business models and engage, enable and support an increasingly tech-savvy workforce and customer base.

Nearly three quarters (72%) of the respondents agree that it is critical or very important for an organization to modify IT processes and resources to support a digital business model. That represents an increase of 7 percentage points from the response to a similar question in a study conducted in October 2015.

"Digital business is all about finding innovative ways to empower workers and customers."The respondents clearly see the value of the cloud as the linchpin in an IT infrastructure that enables digital business: they report that more than half of their organizations' applications are already deployed in a cloud environment.

Moreover, the respondents indicate that their organizations are seeing positive results from initial cloud and digital initiatives, with improvements over the last 12 months in multiple areas, including data security (56%), user experience with applications and services (44%), IT efficiency (42%) and infrastructure performance/availability (41%).

However, the executives show greater trepidation about their organizations' ability to build quickly on that initial success. For example, fewer than 1 in 5 (15%) of respondents indicate that their organizations currently have the "extremely flexible/nimble" attributes required to implement a digital model that enables them to capitalize fully on future business opportunities.

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