6 out of 10 business 4.0 leaders expect double digit growth over next three years
Tata Consultancy Services (TCS) published the findings of a commissioned research that revealed that 60 per cent of companies globally – which have adopted the full range of business behaviours needed to thrive in a Business 4.0 world – expect to grow over 10 per cent in the next three years. TCS’ global study, titled ‘Winning in a Business 4.0 World,’ surveyed senior business decision makers from more than 1,200 large enterprises spanning 11 industries and 18 countries.
With the rapidly evolving business landscape and increasingly sophisticated customer expectations, businesses face constant challenges to quickly adapt and stay ahead. This global survey benchmarks large companies in their Business 4.0 growth and transformation journeys, by mapping their adoption of four critical business behaviours: driving mass personalization, creating exponential value, leveraging ecosystems, and embracing risk. The study found that: