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Taiwan's Financial Services Industry Has the Highest Level of Digital Business Agility with Nearly 30% of Organizations Claiming to Actively Respond to Digital Disruption: MIC
November 15, 2022

In the face of the rapidly changing global business environment, digital transformation is the key to industrial upgrading. To keep pace with digital transformation and provide tips on how Taiwan's industry can have a better shift into digital transformation, the Market Intelligence & Consulting Institute (MIC) of the Institute of Information Industry (III) holds the "Digital Vortex.Winning Strategy" seminar on November 14, 2022, in cooperation with the prestigious IMD (International Institute for Management Development). Digital Vortex is a series of biennial studies launched in 2015 by the IMD. When deploying the Digital Vortex research framework for the first time, MIC has invited several IMD's experts to assess the impacts of digital transformation and digital disruption facing the globe and Taiwan based on three aspects of performance measures: "responses to digital disruption", and "digital business agility," and "impact sentiment." Taking international trends into account, MIC aims to identify the pain points of Taiwanese industries affected by digital transformation and plays its role as a trusted third party to assist Taiwanese companies and organizations in formulating their next-step transformation strategies.

Proportion of Executives Predicting that Digital Disruption Brings Major to Transformative Impact to Their Organization


Note: MIC conducted the survey in 2022 with 431 effective questionnaires collected. Respondents were from five industries: manufacturing (including high-tech), financial services, retail, healthcare, and construction. Respondents are in charge of digital transformation and digitalization tasks within organizations. Nearly 30% were CXO-level and over 60% were management-level.
Source: MIC, November 2022

Established in 1987, MIC (Market Intelligence & Consulting Institute) is a division of III (Institute for Information Industry), a major government think tank, and one of the leading IT research institutes in Taiwan. 

To know more about this topic, please visit: Cybersecurity Development Trends and Opportunities amid Digital TransformationGlobal and Taiwanese IT Software Service Industry, 2021 and Beyond2022 Taiwan Manufacturing Industry IT Spending Survey: MIC Research

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