These are exciting, yet challenging times for enterprises everywhere.
- 16 August 2018 14:23
Digital transformation rests on the shoulders of the C-suite, Vault poll shows
Sydney, Australia –– 16 August, 2018 – Vault, a leading Australian ASD certified cloud provider, today released the results of its Digital Transformation Savviness poll conducted during the 12th Annual Technology in Government Australia event held in Canberra earlier this month. The results indicate that while the Australian government’s digital transformation strategy is satisfactory, there is still room for improvement (40%). Only seven percent of respondents believe the government is making significant strides on their digital transformation journey.
Given that the term digital transformation has been broadly used in the technology and business vernacular, Vault conducted the poll to better understand what digital transformation means to senior executives and to identify the key barriers and considerations regarding the storing of confidential information in the cloud.
The definition of digital transformation and who should be responsible to lead the initiative
The poll found that over 38 percent of respondents indicated that digital transformation can be defined as automating repetitive tasks to reduce efforts and errors and enhancing customer experience (37%).
When it comes to leading the digital transformation charge, respondents believe that CTOs (32%) and CEOs (31%) should be responsible overall. Only 9 percent of respondents said that CIOs should be spearheading all digital transformation initiatives.
Plans and considerations around data
Despite the public and private sector’s push for organisations to adopt a cloud-first or even a cloud-only strategy, the poll found that just 22 percent of respondents have all their workloads on the cloud with approximately 47 percent indicating that some of its workloads are on the cloud and the rest on premise. Just 14 percent have their workloads on premise only.
An astounding 68 percent of respondents have cited that when it comes to storing confidential information, security of the cloud is the most important consideration followed by sovereignty.
While 61 percent of respondents say that their organisation is ultimately responsible for data held in the cloud, 41 percent indicate that the lack of IT knowledge and skills to use cloud services followed by budget limitations to migrate to the cloud pose as some of the challenges they are faced with. “The term digital transformation is the ability to radically change every facet of the business through the use of technology. Rather than focusing on a single aspect of the business, digital transformation intrinsically links all offline and online processes together to enhance the customer experience and solves problems,” said Rupert Taylor-Price, Founder and CEO of Vault.
“Access to secure, sovereign and reliable cloud is integral to digital transformation because it offers organisations and agencies the security, speed and scale to drive innovation. However, without the right skills available, Australia will lag behind in its quest to become an innovation nation.” The poll of 143 respondents from the public (30%) and private sector (70%) were primarily mid to senior management working in the technology industry (70%).
About Vault Vault is an Australian ASD certified cloud service provider that operates a secure, sovereign, hyperscale government community cloud. Vault was the first cloud to be certified by the Australian Signals Directorate for classified systems and delivers a secure hyperscale technology platform driving agile digital transformation within organisations. Bringing together scalable, flexible, open standards cloud with the highest level of security, privacy, governance, physical sovereignty and legal sovereignty, Vault accelerates critical systems to exceed stakeholder expectations and outcomes.
Vault's cloud platform natively embeds security controls to meet the highest security requirements while providing extensive scalability, flexibility and remaining cost effective.
Vault’s services are procured by major government departments, including the Digital Transformation Agency, the Department of Human Services, the Department of Employment, the Department of Health, the Department of Social Services and Department of Defence. Vault’s services are delivered through partners including Fujitsu, Leidos, RXP, Agile Digital, Accenture, ASG amongst others.
For further information, please visit www.vaultcloud.com.au