You are here: Home » News-IANS » Business-Economy
Business Standard

India in dire need of digital business leaders: Report

IANS  |  Mumbai 

A significant gap exists between the best and worst performing brands in and the country needs 'Business Leaders' who can address the experience that businesses provide to their customers, a new report said on Monday.

Only eight per cent of Indian customers who are unsatisfied with their experience would continue to remain loyal to the brand, added the "Experience" report by SAP, a leader in enterprise application software.

It found that 59 per cent of consumers were delighted and 15 per cent unsatisfied with their experience.

On average, consumers delighted with the experience are five times more likely to disclose information with organisations across industry.

"transformation will be crucial for accelerating the growth of India's economy. The report corroborates the need for the industry to identify 'Business Leaders' who can address the experience that businesses provide to their customers," said Deb Deep Sengupta, President and Managing Director, SAP Indian Subcontinent.

It said that achieved a experience score of 44 per cent and automotive is the top performing sector when it comes to delivering best experience followed by banking sector.

"Telcos, utilities and government are laggards in providing good experience," the report said.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 17 2017. 13:00 IST