Dell Releases Results of Domestic Digital Transformation Survey
Domestic IT investment plans, in the order of security, AI, cloud, and IoT.

Dell Technologies held the Dell Technologies Forum 2018 at COEX in Samseong-dong, Seoul on the 30th. The company also separately released the domestic survey results of the "Digital Transformation Index" report, mentioned in President Howard Alias' keynote address.
The Digital Transformation Index is a report conducted by Dell Technologies in collaboration with Intel, surveying approximately 4,600 IT leaders across 42 countries. According to the report's survey of 100 Korean companies, only 4% of the companies surveyed, categorized into five stages of digital innovation, were identified as digital enterprises (Group 1) that had completed digital transformation.

Group 2, which has achieved a relatively high level of digital innovation, accounted for 18%, while Group 3, which is in the process of gradual digital transformation and is in the process of planning and investing for the future, and Group 4, which has just begun a low-level digital transformation, each accounted for 28%. Another 22% of the 5 groups said they had no plans for digital innovation at all.

Ninety-one percent of respondents said they would struggle to keep pace with rapidly changing customer demands within five years. Only 9% said they would be able to achieve innovation within five years. Meanwhile, 37% said they would fall behind in this shift.
The biggest obstacle to digital transformation cited by domestic companies was "lack of budget and resources" (41%). This was followed by "data privacy and cybersecurity issues" (31%), "lack of appropriate in-house technology and expertise" (31%), "an immature digital culture; lack of system and collaboration across the company" (28%), and "changes in regulations or legislation" (25%).

The survey also revealed that domestic companies are making various efforts to achieve digital transformation. Forty-four percent of companies responded that they are "building a security and information protection environment across all devices, applications, and algorithms," and 41% said they are "using digital technologies to accelerate the development of new products and services." Forty percent of companies said they provide in-house training, such as teaching employees how to code, to ensure they have the right skills and expertise, while 30 percent said their IT and business leaders share knowledge across all aspects of their jobs, including teaching each other their skills.
A question asking about investment plans for the next one to three years revealed the IT investment priorities of domestic companies.

The area where companies plan to invest the most is cybersecurity (52%), followed by AI (44%), multi-cloud (40%), IoT (33%), and VR/AR (26%). Sixteen percent of companies plan to invest in blockchain, and 9% plan to invest in quantum computing, recently named one of Gartner's top 10 strategic technology trends for 2019.