Date post: | 22-Nov-2014 |
Category: |
Technology |
Upload: | wipro-technologies |
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BUSINESS RESILIENCEAn Africa standpoint
Forecasted GDP growth of 5.2% in 2014 (Source: World Bank)
FDI and Infrastructure investments are surging
AFRICA IN TIMES OF FAST GROWTH
KEY FACTORS INFLUENCING SPENDON RESILIENCE
HOWEVER, RISKS TO FAST GROWTH REMAIN
BUSINESSES NEED TO BE RESILIENT TO ENSURE
Africa is extremely diverse and complex: Examples: Economic powerhouses – South Africa and Nigeria, Highest Literacy Rates – Zimbabwe
Continuity of Processes
Hyperconnected citizens are already making a significant difference to do business
Increased political instability, terrorism and religious extremism is rife in Africa
Africa clearly has a long-term focus on investing in technology to build a resilient business with 59% of CXOs suggesting increase in investment in the next 2-3 yearsand further
With widespread adoption of technology and hyper-connectivity, business is becoming more viable
Security
Ensure continued growth
INVESTMENT PRIORITIES
KEY TECHNOLOGY DRIVERS HELPING BUILD A RESILIENT BUSINESS
73%
65%
54%
Provides a framework to continually evaluate risks
Adds potentialvalue to business
Build flexibility in the business model
RESILIENCE
Security is a less pressing concern for CXOs in Africa, compared to US, Europe and Asia
1
2
3
Having a Robust Business Continuity Plan 82%
75%
74%
Information System Security
Technology Meeting Customer Expectations
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