A new report by MIT Technology Review Insights, in collaboration with Huawei, states that the digital transformation in Australia and New Zealand is already underway, especially in terms of internal systems, products and services.
The digitization of production and supply chains is delayed, but will be significantly accelerated thanks to the launch of 5G.
The report, from the observer to the leader: digital transformation and the way to 5G, is based on a multi-discipline survey of senior management of Technology at A / NZ and in Singapore, Malaysia, Philippines and Indonesia, as well as expert interviews.
Analyzes how companies implement technologies of the fourth industrial revolution (4IR), such as cloud, IoT, artificial intelligence (AI), large data sets, robotics, blockchain and virtual and augmented reality, and are preparing for opportunities that will open through 5G.
The most important arrangements include:
Companies are already making significant advances in digital transformation in internal systems, products and services. Cloud and IoT they are the best known 4IR technologies, of which 29% and 34% of respondents have already implemented these technologies for one year.
Correction customer experience is the most important driver of technology implementation in the entire region, and then increases the speed of decision-making and increases operational efficiency. The high implementation cost is the most important challenge for further digitization.
5G expected sooner rather than later. Two-thirds of respondents say that their organizations have active talks about the future impact of 5G, but only 46% say they understand the benefits of 5G. Nevertheless, 65% expect 5G to be available in 2020, while another 18% expect 2021 more likely.
Cooperation and development of ecosystems will continue to drive the digital transformation. Only 35% of respondents believe that there is sufficient infrastructure for regulation, communication and public services to support further digitization, which shows that there is still much to be done.
Approximately 82% of respondents evaluate it costs of infrastructure modernization they are a key obstacle to 5G, which telecommunications operators will have to overcome, but 83% believe that telecoms will play a leading role in the future 5G ecosystem. Another 70% believe that governments should create a cooperation environment for 5G.
"The study showed that the management team in the Asia-Pacific region has an advantage over new technologies, and most of them plan to introduce artificial intelligence, automation or IoT in a year," says Claire Beatty, report editor.
"They also have high expectations that 5G will be available in the next two years, and the manufacturing, financial services and automotive sectors will benefit the most."
To conduct this study, MIT Technology Review Insights carried out a review of the digital transformation program in the Asia-Pacific region and the impact of 5G.
The study was based on the study of 191 senior technology and strategy managers in Singapore, Malaysia, Indonesia, the Philippines, Australia and New Zealand, as well as a series of interviews conducted in July and August 2018. With experts from around the region.
The report, sponsored by Huawei, is independent of the editors, and the views expressed are opinions of MIT Technology Review Insights.