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84% Indian consumers willing to pay more to do business with organisations committed to protecting data privacy: Report


March 14, 2021
Representative image   -  istock.com/anyaberkut×
A majority of Indian consumers would pay more to do business with an organisation that is committed to data protection, according to New research from OpenText, an Information Management solutions company.
The research includes data from a survey of 6,000 Indian respondents and highlights public uncertainty and distrust around how organisations handle their data.
According to the report, 84 per cent of Indian consumers prefer organisations that are committed to protecting their data privacy, surpassing United Kingdom (49 per cent), Germany (41 per cent), Spain (36 per cent) and France (17 per cent).
Survey findings
According to the survey, 24 per cent of Indian respondents said that they do not in the ability of third-party organisations to keep their personal information safe or private. ....

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44% Indians struggling with 'information overload' amid pandemic


44% Indians struggling with information overload amid pandemic
IANS
 1
About 44 per cent of Indians feel that information overload has intensified during the pandemic and escalated their daily stress, a new survey revealed on Thursday.
 
According to the survey by Canada-based information management solutions company OpenText, the data suggested that this information overload is significantly impacting both personal and professional lives.
 
Users have proven willing to adopt new services and tools, but also face challenges in managing multiple accounts and sources of information, Lou Blatt, SVP and CMO, OpenText, said in a statement.
 
Companies need to recognise this trend and find ways to reduce complexity, simplify workflows and processes and create compelling customer and employee experiences, Blatt added. ....

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Indians grappled with 'information overload' during pandemic: survey


‘The overload adversely impacted productivity’
Almost half of 6,000 Indian consumers who were surveyed recently said they encountered an information overload during the pandemic. About 52% of those surveyed also said the number of sources they checked for information each day had risen substantially.
The survey, conducted by Nasdaq-listed Information Management Solutions firm, OpenText, to understand the impact of information overload on people during the pandemic, showed that 44% felt this information overload had added to their daily stress.
Also, two in five respondents felt a more streamlined information database would be helpful to deal with the varied information sources such as emails, diaries, news feeds, company websites, calendars, etc. while making a work or home-life related decision. Some 43% felt the need to remember multiple passwords to access each app had added to their anxieties. ....

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