Only 8% of PH firms able to pivot digitally | Inquirer Business

Only 8% of PH firms able to pivot digitally

/ 02:16 AM November 10, 2022

Less than a tenth of Philippine enterprises and organizations were able to digitally pivot rapidly amid the rise of hybrid work setups during the pandemic but most were open to ride the trend to ensure business continuity, according to a study by Dell Technologies.

In its recently released Breakthrough Study, the global technology company noted that only 8 percent of the Filipino respondents were categorized as “sprint” organizations, or those who “chase innovation and trailblaze change.”

Still, 55 percent said they were ready to adapt to technological advancements.

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“Definitely, I think more and more companies are recognizing [this need]. Those who are a bit slow will see the benefits and the necessity to drive transformation and accelerate transformation,” Dell Technologies Philippines country general manager Ronnie Latinazo said in a recent press briefing.

However, 36 percent said they were holding back and just observing for now to see how the digital transformation impacted other organizations. About 2 percent were resisting digital adoption. —Tyrone Jasper C. Piad INQ

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TAGS: digitalization, enterprises

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