Long-term thinking, infrastructure to drive growth of digital economy — IDC - BusinessWorld Online

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Long-term thinking, infrastructure to drive growth of digital economy — IDC - BusinessWorld Online
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Enterprises have to think long-term to drive the digital economy, according to IDC (International Data Corporation) ASEAN, a market intelligence provider to technology vendors and investors. READ:

Enterprises have to think long-term to drive the digital economy, according to Sudev Bangah, managing director of IDC ASEAN, a market intelligence provider to technology vendors and investors.

“While they talk about resiliency and agility — they are also looking at returns in business today,” he said. “We hope this will change, because this would be the driver into the digital economy.” Mr. Bangah said that 86% of ASEAN SMEs have accelerated their digitalization efforts because of the coronavirus disease 2019 pandemic.

CHIP focuses on improving digital infrastructure and connecting; initiating capacity building to upskill Filipinos; undertaking key modernization projects; and mitigating digital risks and threats on cybersecurity and privacy.

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