The COVID-19 pandemic underscored the importance of digital transformation in the eyes of CEOs across all industries. But with a recession on the horizon, CEOs are at a decision point – to follow the same course of cost-cutting as all previous recessions have dictated, or to flatten their own organization’s recessionary curve by leveraging technology.
This year, IDC Asia/Pacific will recognize organizations which have used digital transformation to address the challenges of COVID-19 and minimize its impact on overall business operations to continue serving and supporting its customers throughout a difficult and unprecedented time. This Special Award for Resiliency is open to:
- Organizations which have launched projects specific to the impact of COVID-19. These may be new or existing digital transformation (DX) initiatives to address business challenges, which have arisen throughout the crisis (projects launched in 2020 or earlier will be considered)
- Organizations which have used digital technologies to maintain business continuity through dynamic decision-making based on changing market conditions, which has allowed them to optimize costs and achieve financial and operational stability
- Organizations which have shown the ability to adapt and respond to changing circumstances while maintaining the organization’s central purpose, especially for its workforce, customers, and other stakeholders
- Organizations which have ensured their business and digital resiliency efforts will prepare them for a similar crisis in the future and allow them to be an active player in the digital economy, which has fundamentally changed because of COVID-19