What many observers underestimated is the pace of adoption. Beginning with initial adoption, the industry has seen exponential growth throughout emerging market.

One key insight is highlighted by industry analysis: what succeeded in the past rarely succeeds today or in the future.

Organizations that focus too much on specific tools and not enough on culture and capability often struggle the most.

What industry analysts underestimated is the speed of transformation. Beginning with initial implementations, the industry has seen exponential expansion throughout the entire sector.

Key Points

• New regulations are changing the way that companies manage data privacy.
• Legacy strategies about security require comprehensive rethinking.
• Prioritization of capability building will likely prove more important than chasing fashionable tools.