Close this search box.

We are creating some awesome events for you. Kindly bear with us.

Highlights of the Asian Digital Transformation Index report from the Economist Intelligence Unit

Highlights of the Asian Digital Transformation Index report from the Economist Intelligence Unit

Released at the end of 2016, Connecting Capabilities: The Asian Digital Transformation Index is a report from The Economist Intelligence Unit (EIU), commissioned by Telstra. Here are some of the key highlights from the executive summary:

Singapore, South Korea and Japan lead the way: Developed economies generally fare better in the Index (Hong Kong is fourth and Taiwan is fifth) and lead their emerging market counterparts in the region on some key measures. The primary reason is that their digital infrastructure is at a more advanced stage, which organisations within those economies can leverage to their advantage in the global marketplace. Without digital infrastructure there cannot be advanced digital transformation, a point clearly acknowledged by survey participants. 

The importance of human capital is evolving: South Korea and Japan lead the Asian Digital Transformation Index in this category, however, lower ranked countries are looking to catch up, including Singapore which is establishing programs to enhance computer science education in schools and bringing the elderly online. Bridging such digital divides is beneficial to a country’s economy, companies and for users.

Larger emerging markets need to catch up: Although China and India have surpassed the US with the most Internet users and are rapidly developing their technology eco-systems especially in major cities, both emerging markets face challenges in bringing their entire populations online in part due to uneven development and large geographies and hence face significant challenges when it comes to digital competitiveness on a national level.

Embracing disruption: Leading companies are now working with digital disruptors as opposed to trying to compete with them. It is a win-win situation: established companies receive technological know-how from innovative start-ups while disruptors can tap into existing customer bases and knowledge of older firms.
         Evolving technologies: Web portals and web forms still rule digital transformation efforts, however, changes are afoot. In the survey, most companies still rely on traditional technologies but over the next three years, usage of big data and analytics and the Internet of Things (IoT), is expected to rise. This is particularly true among leading companies, notably in the financial services industry.

Barriers towards digital transformation: Lack of finance is cited as the biggest obstacle overall. Digging deeper it is a bigger issue among smaller companies than larger ones. Among larger companies, a lack of strategy is the main issue, likely because management have money but don’t know how to spend it wisely. To support this point, the biggest hurdle (according to interviews conducted for this report) is changing the cultural mindset within organisations.

The full PDF version of the report is available here.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and consulting services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity, and service. For more information, visit