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Study Shows Financial Industry Exposed To Major Threats

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David Gilmore
Jan 19, 2017 19:38
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Financial Services firms have long pioneered the use of advanced technologies, but a new study shows executives may be overstating their digital bona fides.

While surveyed executives rated their proficiency in digital transformation readiness high 70 percent , just 38 percent of executives and 42 percent of employees said decisions were made in real-time.

Worse, only 50 percent of executives and 46 percent of employees said their organization can adapt to real-time decisions.

The SAP SuccessFactors-sponsored study from Oxford Economics analyzed feedback from over 4,100 executives and employees worldwide.

Oxford Economics found a direct correlation between high-performing companies – called Digital Winners and specific winning business practices and results.

I detailed the characteristics of Digital Winners in a previous blog.

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David Gilmore
Jan 19, 2017 19:38
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