As the business environment grows increasingly volatile, we believe that there is a need for corporations to build resilience to overcome unexpected setbacks. To understand how businesses are looking at resilience, specifically from a technology perspective, Wipro commissioned FT Remark to conduct a study in late 2013 covering 330 C-suite executives from corporations with revenues exceeding USD 500mn. Executives from Europe (34%), the USA (31%), APAC (24%), and Africa (11%) were approached to gain a better understanding of their perspectives on business resilience.
Regulatory compliance and legacy systems affect African firms as much as their global counterparts. However, a major gap in their resilience strategies seems to be an apparent lack of concern for cyber threats. In this report we discuss these findings in detail to understand how organizations in Africa are building business resilience.