According to the new SAP and Oxford Economics Digital Transformation Executive Study, digital leaders expect 23 percent more growth by 2019, and already have 85 percent of market share and 80 percent of profitability versus competitors. However, while 84 percent of organisations say that digital transformation is critical, only 3 percent have completed digital transformation,“Middle East and North Africa digital leaders have a running start in the constantly-evolving Digital Economy. In addition, 76 percent of MENA digital leaders rank the Internet of Things as an investment priority in 2017. Only half (52 percent) of all organisations view the Internet of Things as an investment priority in 2017, inching up to 55 percent in 2018. The survey interviewed more than 3,000 executives across 17 countries around the world, including in the Middle East with the UAE, Kingdom of Saudi Arabia, and Egypt.

Source: The North Africa Journal October 11, 2017 17:15 UTC