Only 7% of HK businesses are digital transformation leaders: DBS

Barriers to digital shift are alienating existing customers and talent gaps.

Hong Kong’s digital transformation leaders for businesses were only 7% due to problems with talent crunch, unclear business strategy, and alienating existing customers.

A DBS survey of 1,225 executives showed these findings. The bank also suggested Hong Kong to improve its digital goals.

Digital transformation will lead to  improving collaboration, customer experience, and efficiency, said DBS. 

DBS also found that cloud technology will be the most important tool for treasury and finance whilst investment activities were focused for a shift in treasury function.

Finance and treasury teams in Hong Kong were less involved in strategic decision-making than those in other markets.

Follow the link for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!


HK scraps MPF Offsetting Scheme to enhance employee protection
Starting 2025, employers are no longer allowed to offset long service and severance payments from its Mandatory Provident Fund contributions.