According to an article published on BizTechAfrica, IBM  announced the results of a new study entitled ‘Setting the pace in Africa: How IT leaders deliver on the potential of emerging technologies’, which found that while nearly 87 percent of African IT leaders rank new technologies such as analytics, cloud, mobile and social media as being critical to business success, only 53% are pushing forward with adoption.

IBM’s survey findings also confirmed that 36% of the African businesses embracing emerging technologies could be considered “Pacesetters” amongst their peers in terms of their focus on prioritizing and rapidly adopting technologies. The survey of 180 Africa-based IT leaders across 29 industries in Egypt, South Africa, Kenya, Nigeria and Morocco was conducted by IBM’s Center for Applied Insights, in collaboration with the IBM Center for CIO Leadership.

African economies are expected to sustain high levels of economic growth over the next decade, boosting consumer-facing industries by an estimated US$400 billion by 2020. Sectors pegged for growth include retail/wholesale, retail banking, telecommunications and tourism. This represents an enormous opportunity for African businesses – if they are prepared to seize it.

However, the IBM study found that a lack of technology adoption is preventing many African businesses from achieving growth and progress. “The primary reasons for not moving on adoption were a need for technology leaders to play a greater role in strategic business leadership, a lack of IT skills development across the continent, and information security concerns,” said IBM General Manager for East Africa, Nicholas Nesbitt.

To access the study please go to www.ibm.com/ibmcai/africa

original source: BizTechAfrica

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