Le Lézard
Classified in: Science and technology
Subjects: Photo/Multimedia, Survey

Global Survey: Hyper Disruption and Digitization Leading Forces of Change Within Business

Across industries, markets and geographies, businesses are facing a new reality in terms of remaining competitive in today's hyper-digitized world. These new imperatives ? driven by rapidly evolving technologies, new entrants into the market and ever-changing customer demands ? require action from enterprises to ensure survival. A new survey conducted in September 2019 by Vanson Bourne, and sponsored by Teradata (NYSE: TDC), called "Adapt or Perish: The New Reality in a Hyper-Digitized World," captures the five forces impacting business success in this new global paradigm: Hyper Disruption, Pervasive Digitization, Autonomous Action, The Cloud Imperative and Enterprise Consumerization.

"From new competitors, new business models, changing customer expectations and rapid technology advancements ? the pace of change within the global marketplace is breathtaking," said Martyn Etherington, Chief Marketing Officer at Teradata. "Acknowledging these changes and taking action to adapt and capitalize on them is critical to business success. At Teradata, we're enabling this kind of business agility for our customers every day, giving them unprecedented insights into all aspects of their business ? across departments and analytic silos ? so they can move fast and stay ahead of the competition."

Survey Overview

Hyper Disruption: Today's enterprises are facing hyper disruption ? from both external and internal forces ? across all industries and at an unprecedented scale.

Pervasive Digitization: Most business leaders believe digitization can help address growing customer expectations for rapid and personalized engagement, and are beginning this process by refining business operations. While almost all survey respondents are in the process of digital transformation, some are further along than others.

Autonomous Action: Adequately navigating the vast amount of data at our fingertips and leveraging that data to find answers to the toughest business challenges remains the goal for most organizations on the road to pervasive digitization. For many, this requires leveraging artificial intelligence (AI), machine learning (ML) and an autonomous platform. AI in particular has the potential to be widespread and to take a lofty role in the future of digital transformation.

The Cloud Imperative: For AI to be truly realized, a strong cloud analytics infrastructure must be in place to allow AI to operate at scale. While survey data shows the cloud's promise and role in driving data analytics, the industry has yet to reach critical mass in its adoption of cloud analytics.

Enterprise Consumerization: Among the many benefits of the cloud is its ability to provide businesses with greater simplicity and ease of use, a key driver behind its enterprise adoption. In fact, more enterprises than ever before are citing operational complexity as an issue and are turning to technology that has roots in the consumer world to simplify, become more agile and take friction out of business processes.

For more information on the "Adapt or Perish: The New Reality in a Hyper-Digitized World" survey, go see the Infographic on Teradata.com.


In September 2019, Teradata commissioned independent market research company Vanson Bourne to conduct a quantitative research study of IT and business decision makers across U.S., UK, France, Germany, China and Japan. Respondents were from organizations with 1,000 employees or more, and with a global annual revenue of more than $250 million. The organizations could be from a variety of private or public sectors including financial services and IT, technology and telecoms. Interviews were conducted online using a rigorous multi-level screening process to ensure that only suitable candidates were given the opportunity to participate.

About Vanson Bourne

Vanson Bourne is an independent specialist in market research for the technology sector. Their reputation for robust and credible research-based analysis, is founded upon rigorous research principles and their ability to seek the opinions of senior decision makers across technical and business functions, in all business sectors and all major markets. For more information, visit www.vansonbourne.com.

About Teradata

Teradata transforms how businesses work and people live through the power of data. Teradata leverages all of the data, all of the time, so you can analyze anything, deploy anywhere and deliver analytics that matter. We call this pervasive data intelligence, powered by the cloud. And it's the answer to the complexity, cost and inadequacy of today's approach to analytics. Get the answer at teradata.com.

The Teradata logo is a trademark, and Teradata is a registered trademark of Teradata Corporation and/or its affiliates in the U.S. and worldwide.

These press releases may also interest you

at 11:20
Genprex, Inc. ("Genprex" or the "Company") , a clinical stage gene therapy company developing a new approach to treating cancer based upon a novel proprietary technology platform, announced today a registered direct offering of 3,167,986 shares of...

at 11:20
Beacon Healthcare Systems announced today that it will be a Silver Sponsor and exhibitor at the Industry Collaboration Effort's (ICE) annual meeting Dec 9-10 in San Francisco. Beacon is home to the healthcare industry's leading compliance and risk...

at 11:18
Repsol has acquired a stake in Belmont Technology, incorporating it as part of the participated strategic companies of their Corporate Venturing portfolio. The investment supports Repsol's initiatives to leverage artificial intelligence for its...

at 11:15
Novartis Pharmaceuticals Canada Inc. announced today a strategic alliance with Mila as the company embraces the next chapter of healthcare innovation with new digital technologies and data...

at 11:10
Zelis, a healthcare and financial technology growth company and market-leading provider of claims cost and payments optimization solutions to price, pay and explain healthcare claims, has been named one of New Jersey's 50 fastest-growing companies...

at 11:07
Mercari, The Selling App, today released the findings of a nationwide survey to gauge Americans' Black Friday buying and selling plans. The clear takeaway: we're much more comfortable with giving and receiving pre-owned gifts than we used to be....

News published on 21 october 2019 at 11:05 and distributed by: