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Contributor: PR Newswire Asia (Hong Kong)
Thursday, October 15 2020 - 13:43
AsiaNet
Forrester Asia Pacific Predictions 2021: Digitally Advanced Firms Will Have A Sustained Advantage Over Their Competitors
SINGAPORE, Oct. 15, 2020 /PRNewswire-AsiaNet/ --

Firms will accelerate investments in new technologies and platforms to enable 
their workforce and provide differentiated experiences


Forrester(https://go.forrester.com/) (FORR: NASDAQ) predicts that 2021 will be 
the year that every company will double down on technology-fuelled experiences, 
operations, products, and ecosystems. According to Forrester's Asia Pacific 
2021 Predictions ( 
https://go.forrester.com/predictions-2021-asia-pacific/?utm_source=prnewswire&utm_medium=pr&utm_campaign=predictions_2021_apac 
), released today, the success of organisations will depend on how quickly and 
how well they harness technology to enable their workforce in the new normal 
and build platforms that differentiate them.

Logo - https://photos.prnasia.com/prnh/20191120/2648771-1LOGO 

Forrester's Predictions reports analyse the dynamics impacting different 
industries and disciplines, including changing consumer behaviours, customer 
experience, employee experience, marketing, and technology. Key 2021 
Predictions from Forrester for Asia Pacific include:

-Platform wars will heat up in the region. With the battle for supremacy 
heating up in Asia Pacific, most companies will become platform businesses to 
survive in the digital era. Twenty-five percent of firms will shift from 
experimenting to pragmatically connecting the ecosystems essential to their 
customers. 
-Chief marketing officers will assert control over the full customer lifecycle. 
CMOs will put the customer at the centre of everything they do: leadership, 
strategy, and operations. As a result, spend on loyalty and retention marketing 
will increase by 30%. 
-COVID-19 will reduce workplace engagement. The physical, mental, and economic 
challenges that employees had to contend with in the face of the pandemic will 
extend into 2021, causing business innovation to drop in 25% of firms in Asia 
Pacific. 
-Chief information officers will embrace cloud-first and platform strategies 
for speed and adaptiveness. In 2021, 30% of firms will continue to accelerate 
their spend on cloud, security and risk, networks, and mobility — including 
struggling firms looking to leapfrog and gain advantage coming out of the 
pandemic. 
-Asia Pacific finally catches up on Zero Trust adoption. Zero Trust adoption in 
Asia Pacific has lagged its global peers, but the acceleration of cloud 
adoption and an explosion in remote work, as well as changing regulations and 
consumer behaviours, make it ripe for change. At least one government in Asia 
Pacific will embrace a Zero Trust cybersecurity framework in 2021.

"The pandemic accelerated the need for digital transformation," said Ashutosh 
Sharma, VP and research director at Forrester. "The current economic climate 
has increased the urgency for every enterprise to embrace technology as a 
strategic asset. Asia Pacific is finally entering a decade of a digitally 
levelled playing field. Firms in the region will be at par with or even exceed 
the rest of the world in terms of technology-driven business model innovation. 
COVID-19 affected Asia Pacific first, and we expect it will also be the first 
to emerge from the crisis."

Resources:

Download Forrester's Asia Pacific 2021 Predictions Guide. ( 
https://go.forrester.com/predictions-2021-asia-pacific/?utm_source=prnewswire&utm_medium=pr&utm_campaign=predictions_2021_apac

)
Read about the Asia Pacific 2021 Predictions. (
https://go.forrester.com/blogs/predictions-2021-asia-pacific/?utm_source=prnewswire&utm_medium=pr&utm_campaign=predictions_2021_apac

)
Register for Technology & Innovation Global. (
https://go.forrester.com/event/technology-innovation/?utm_source=prnewswire&utm_medium=pr&utm_campaign=tiglobal20

)

About Forrester

Forrester (NASDAQ: FORR) is one of the most influential research and advisory 
firms in the world. We help organizations grow through customer obsession. 
Forrester's unique insights are grounded in annual surveys of more than 690,000 
consumers and business leaders worldwide, rigorous and objective methodologies, 
and the shared wisdom of our most innovative clients. Through proprietary 
research, data and analytics, custom consulting, exclusive peer groups, 
certifications, and events, we are revolutionizing how businesses grow in the 
age of the customer; learn more at forrester.com(https://go.forrester.com/).

SOURCE:  Forrester