Digital Transformation

A holistic approach to transformation

 

Digital Transformation and Innovation Top Priority

Anticipated impact:

Starts with accelerated development of innovative solutions and better customer experience

By 2022…

up to a quarter of Fortune 500 companies will become software producers to digitally transform and maintain their F-500 status.

By 2025…

40% of the Fortune 500 will reengineer culture and collaborative practices — shifting from authorized to empowered teams, which are then measured by metrics aligned to team success.

Anticipated benefits:

Will stem from digitally enhanced offerings, operations, and relationships

This changes the game. To stay competitive, organizations must holistically embrace:

  • Open culture to foster collaboration
  • Open processes to ensure integration
  • Open architecture to enable innovation

The World is at a Digital Tipping Point

By 2023…

90% of new apps will be built/released on demand using policy-driven security and compliance assessments in the delivery pipeline, as automation accelerates development, DevOps, and DevSecOps.

By 2024…

Net-new production-grade cloud-native apps will increase to 70% from 10% of all apps in 2020, due to adoption of technologies such as microservices, containers, dynamic orchestration, and DevOps

91% of organizations developing their own applications deploy them to more than one cloud.

By 2023, 50% of organizations will neglect investing in market-driven operations and will lose market share to existing competitors that made the investments, as well as to new digital market entries.

47% of North American companies will see their president, CEO, owner, chairman, GM, or managing director drive DX strategy and implementation in their companies. Of the remainder, 40% are driven by CIO, CTO, or head of technology/transformation.

Digital transformation is a top priority for organizations looking to enhance the customer experience. Find out the critical elements of innovation.

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