International Business Magazine Issue 9

Page 18

Business

As industries across the Middle

East to bring their digital road

East bounce back from the

maps forward by up to two

economic turbulence of the last

years and increasingly shift

two years, International Data

towards a digital-first strategy,”

Corporation (IDC) believes there

says Lalchandani. “This means

are three broad themes that

choosing digitalization options

will shape the tech investment

over non-digital options as a rule,

decisions of the region’s chief

while implementing or enhancing

information officers (CIOs) and

new products, services, channels,

the organizations they represent

customer/employee experiences,

through 2022 and beyond – the

and operational processes. We are

implementation of a digital-first

increasingly seeing organizations

strategy, the quest for digital

across the Middle East embrace

resiliency, and the pursuit of

this approach and expect it to

hybridity.

proliferate further over the year

That’s according to

IDC’s group vice president and

ahead.

focus on anticipating a crisis and preparing for it, digital resiliency is focused on rapidly adapting to any business disruption. It is not

regional managing director for the Middle East, Turkey, and Africa,

“Likewise,

the

uncertainty

Jyoti Lalchandani, who attributes

wrought by the pandemic had

the first of these themes to the

put the corporate focus on

rapid acceleration of digital

business resiliency. However,

transformation seen since the

in order to be successful in the

start of 2020.

future, organizations need to go beyond business resiliency and

18

Jyoti Lalchandani, IDC’s group vice president and regional managing director for the Middle East, Turkey, and Africa

“The pandemic has led many

strive instead for digital resiliency.

organizations in the Middle

While business resiliency tends to

just about recovering and going back to business as usual but also about capitalizing on the newly changed conditions. To this end, being digitally resilient requires resiliency across many parts of the organization, all working together, including in areas such as leadership, finance, workforce,


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