Online revolution transforming GCC

imagesDigitisation and the disruptive effects of the online revolution are among the greatest business priorities over the next two years, according to a survey of business leaders in GCC countries.

At the same time, increasing threats to companies from online hackers is placing a much greater emphasis on the need for cybersecurity.

Digitisation and the disruptive effects of the online revolution are among the greatest business priorities in the Gulf over the next two years, according to a survey of business leaders in GCC countries published by FT | IE Corporate Learning Alliance in the annual Pulse Report

The findings come from a survey of business leaders: Global Perspectives on Corporate Learning in the GCC, commissioned by theĀ Financial Times | IE Business School Corporate Learning Alliance.

The research is conducted annually and seeks the opinions of almost 1,000 businesspeople in GCC, Western Europe, China and Japan on issues around leadership development and executive education.

Vice President of Corporate Partnerships said that the digital revolution is transforming the Middle East and the rise of big data is driving new market entrants, particularly in the financial, insurance and HR sectors in GCC countries. Tech is fast becoming the number one disrupter of established business practices in the region.

According to the Corporate Leaning Pulse report, while the top three business priorities for 2017 globally were growth, strategy and financial management, over a third of business executives surveyed in the GCC identified digitalisation as one of their top business challenges in the next two years, alongside business growth and financial management.