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Building Resilient Businesses in Africa with Technology Risk Management

BUSINESS WIPRO Applying Thought RESILIENCE An Africa standpoint KEY FACTORS INFLUENCING SPEND AFRICA IN TIMES OF FAST GROWTH ON RESILIENCE With widespread adoption of technology and hyper-connectivity, business is becoming more viable 73% Provides a framework FDI and Infrastructure investments are surging to continually evaluate risks Forecasted GDP growth of 5.2% in 2014 (Source:World Bank) Resilience 65% Adds potential value to business 54% HOWEVER, RISKS TO FAST GROWTH REMAIN Build flexibility in the business model Africa is extremely diverse and complex: Examples: Economic powerhouses South Africa and Nigeria, Highest Literacy Rates – Zimbabwe DIFFERENT FROM OTHER MARKETS Hyperconnected citizens are already making a significant Security is a less pressing concern for CXOS in Africa, compared to US, Europe and Asia difference to do business Increased political instability, terrorism and religious extremism is rife in Africa KEY TECHNOLOGY DRIVERS HELPING BUILD A RESILIENT BUSINESS BUSINESSES NEED TO BE RESILIENT TO ENSURE Having a Robust Business Continuity Plan 82% Continuity of Processes Information System Security 75% Security Technology Meeting Customer Expectations 74% I Ensure continued growth 3 INVESTMENT PRIORITIES Africa clearly has a long-term focus on investing in technology to build a resilient business with 59% of CXOS suggesting increase in investment in the next 2-3 yearsand further DO BUSINESS BETTER www.WIPRO.COM CONSULTING| SYSTEM INTEGRATION | BUSINESS PROCESS SERVICES WIPRO LTD., DODDAKANNELLI, SARJAPUR ROAD, BANGALORE - 560 035, INDIA TEL: +91 (80) 2844 0011, FAX: +91 (80) 2844 0256 © WIPRO LTD.

Building Resilient Businesses in Africa with Technology Risk Management

shared by Wipro on Sep 17
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A visual summary of the concept of Business Resilience and its importance from an African standpoint. It throws light on how businesses in Africa need to build resilience to adapt and grow in constant...

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