As the COVID-19 pandemic changes consumer behaviour and puts increasing pressure on traditional business models digital transformation has never been more important. But to reap the benefits, organisations must seamlessly integrate applications, data, and devices. This requires an organisation-wide API integration strategy.
In the financial services sector, digital transformation provides vast opportunity for innovative companies to use an API-led strategy to build consumer and merchant networks that will drive economic development across ASEAN.
This post was originally published on ProgrammableWeb. See the full video interview by clicking through to the original post.
Responding to a question regarding their ability to innovate on behalf of the organizations they work for, 69% of IT leaders surveyed said they felt they were working just to keep the lights on versus innovating. This was the answer to one of many questions that MuleSoft posed to over 800 IT leaders,
MuleSoft recently published its global 2020 Connectivity Benchmark Report, surveying 800+ global IT leaders on the state of digital transformation. A large number of respondents from Greater China gave their insights displaying vast differences between Greater China and the global respondents, which can inform our local strategies.
Compared to our global findings, Greater China respondents report they have the highest increase in projects asked of them (43%). However, this group was also the least likely (30%) to say they successfully delivered on all of their projects last year.
According to MuleSoft’s 2020 Connectivity Benchmark Report, the financial services sector has a greater prevalence of teams driving sharing and a higher likelihood of API use, making it more primed for integration compared to other sectors.
The report also points out that improvements can still be made with only 44% of financial service respondents reporting that their organization provides a completely connected user experience, and 54% admitting it’s difficult to achieve.
For the fifth annual Connectivity benchmark report, MuleSoft, in partnership with Vanson Bourne, surveyed 800 IT leaders from global enterprises — from the US and the UK to Germany and Japan — on the state of digital transformation and connectivity.
Here are the top key takeaways from the 2020 connectivity benchmark report: