Around 85% of business leaders reported that their organisations have already begun cloud adoption according to the Anatomy of Adaptive Leaders: Navigating Emerging Technologies by Economist Impact commissioned by Red Hat. This makes cloud computing the dominant emerging technology in Asia Pacific (APAC).
Cloud adoption
Japan tops integration as 87% of Japanese executives confirm fully adopting cloud computing technology, while Singapore logged 68%.
Marjet Andriesse, senior vice president and general manager, APJC, at Red Hat, expressed excitement as cloud computing becomes more popular in the region. “As companies look to enhance future readiness for growth and transformation, we at Red Hat are excited to support our customers on what’s coming next so that they can unlock the world’s potential,” he says.
Apart from cloud adoption, APAC recorded high levels of data science adoption in the region. High levels of progress in data science adoption were recorded in South Korea (73%) and India (71%).
Navigating headwinds
APAC leaders are keen on prioritising creating forecasts for business performance under adverse and optimistic scenarios (54%), refocusing their supply chain strategy (46%), and cutting operational costs (45%).
Business leaders navigate current economic and technological disruption, through collaboration, trust-building, and open ways of working with employees and stakeholders (82%), agility in thinking and decision-making (89%), and humility (81%).
“Across the Asia-Pacific region, economic headwinds are negatively impacting the profitability of most companies. In response, many firms are seeking to improve productivity by prioritising investments in areas such as cloud computing, data platforms, and generative AI. But implementation is not easy, as firms grapple with the required investment costs and digital skills–amidst increasing cybersecurity concerns,” says Charles Ross, principal of policy and insights, at Economist Impact.