We live in a digital world. In order to survive, organizations must transform. The vast majority of business leaders (78%) believe digital transformation should be more widespread in their organization. More than half (51%) believe they’ll struggle to meet changing customer demands within five years, and one in three still fear their organization will be left behind. Contrary to popular expectations, emerging countries ranked higher than developed countries in their digital transformation roadmap. The top 3 most digitally mature countries are India, Brazil and Thailand. The top 3 most digitally mature industries are Telecom, Technology and Financial Services.
Barriers to Transformation
The top five barriers are:
Data privacy and security concerns
Lack of budget and resources
Lack of the right in-house skill sets and expertise
Regulation and legislative changes
Immature digital culture
Plans to Realize your Digital Future
The good news is that leaders have reported common priorities and investments to aid future transformation, including an increased focus on workforce, security and IT.
Top technology investments for the next one to three years:
Cybersecurity
Internet of Things technology
Multi-cloud environment
Artificial intelligence
Compute centric approach
Are you poised for success ? Have a conversation with Dell Technologies to discover how we can help you in your digital transformation journey.
