Blog

A World Economic Forum survey suggests that the prize from the digital transformation of industries could be in the region of $100 trillion over the next decade. In short, as Thanos would say, “Digital transformation is inevitable.” Yet, a Boston Consulting Group study reveals that an astonishing 70% of digital transformation initiatives fall short of their set goals.

Suneet Dua, chief revenue and growth officer (products and technology), PwC “CIOs and other IT leaders are faced with many challenges that can hold them back from innovation. Three of the top (digital transformation) challenges are: setting their vision, goals, and strategy, creating a human led approach, making sure your people are powered with the right technology.

A World Economic Forum survey suggests that the prize from the digital transformation of industries could be in the region of $100 trillion over the next decade. In short, as Thanos would say, “Digital transformation is inevitable.” Yet, a Boston Consulting Group study reveals that an astonishing 70% of digital transformation initiatives fall short of their set goals.

“Organisations are held back most when their data protection capabilities are unable to keep pace with digital transformation. Recent research from Veeam’s showed the impediments to transformation continue to be multifaceted. Aside from the pandemic IT teams report a dependency on legacy IT systems (51%), and a lack of IT staff skills to implement new technology (49%) are key concerns,” said Dave Russell, VP of enterprise strategy, Veeam Software. But the question is how IT teams can move past these failures and speed up innovation? We asked technology experts how companies can address