IN 2021, $ 1.5 trillion was spent globally on digital transformation, and investment in this area is expected to reach $ 6.8 trillion by the end of 2023. 70% of companies have a digital strategy or are currently working on one, while 87% of leaders believe that digital transformation will disrupt their industry.
That is why technological transformation on its own is not enough but must be integrated into a broader process of digital transformation. No matter how well the technological transformation is done, this is just a short-term remedy that does not solve the cause of the problem, providing a perception of digital change that is not sustainable and cannot provide long-term results. This is one of the reasons why the success rate of digital transformation is so low.
„Developing a digital transformation strategy for 2030 can be an excellent catalyst for identifying digital pillars and short, medium and long-term priorities. A technological transformation can be started just before the finalization of the digital transformation strategy, precisely to build the foundation and align current resources in order to successfully cover future business demand.
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Source: TIME - 🏆 93. / 53 Read more »
Source: TIME - 🏆 93. / 53 Read more »