Articles about Digital Transformation

Enterprise IT spending is continuing to increase, with 64 percent of respondents to a new study expecting to increase IT budgets in the next 12 months. This is up from 49 percent in January of 2021, though down from 71 percent before sanctions against Russia began in February.

The latest Flexera 2022 Tech Spend Pulse report -- based on a survey of 501 IT executives working in large enterprises with 2,000 or more employees, headquartered in North America and Europe -- shows organizations with 2,001 to 5,000 employees spend 10 percent of revenue on IT. For the largest companies (more than 10,000 employees), this drops to six percent.

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Digital transformation supported many organizations through the pandemic. Now the world is reopening, it’s enabling first-movers to adapt once again to changing market conditions. This is about more than survival. It’s about creating exceptional customer experiences, while becoming a more nimble, agile, and resilient organization. To do so, IT and business teams must come together to break down traditional silos and equip the entire workforce with the tools they need to deliver fast and continuous digital innovation.

That means empowering business technologists -- employees from the wider business who can compose new digital products and services from reusable "building blocks". This composable enterprise model is fast taking hold across many industries, and may ultimately define the winners and losers of the post-pandemic era.

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Digital transformation and modernization of IT is sweeping across many organizations at the moment. But one aspect that's sometimes neglected is their impact on networks.

How can enterprises scale their networks to cope with change and what part can automation play in the mix? We spoke to Ernest Lefner, chief product officer at Gluware, and co-founder and former co-chairman of ONUG (Open Network User Group), to find out.

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Data and analytics are instrumental to helping organizations successfully solve problems and 84 percent of organizations have either already deployed or have data-driven projects on their roadmaps.

A new study from Foundry shows data-driven projects continue to accelerate as 34 percent of organizations state that they have already deployed or implemented them compared to 28 percent of organizations saying the same in 2021.

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New research reveals enterprises are over-spending on cloud services by up to $8.5 million, as IT leaders grow frustrated with poor management tools, vendor-lock in and issues with accessing data.

A study from Couchbase of IT decision makers at enterprises with more than 1,000 staff finds a typical annual spend on cloud services to now stand at $33 million. However, functions that are not currently meeting businesses expectations account for over 35 percent of the total cost.

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While 'data is the new oil' has become something of a cliché, it's undeniably true. Gartner reports that 90 percent of corporate strategies will explicitly class information as a critical enterprise asset by the end of 2022. Yet, information can only be powerful when it is put to work. Which is why the UK government and industry regulators (such as Ofwat) have set out strategies that encourage organizations to put data to use.

However, making data usable isn't always straightforward. Data doesn't come pre-packaged into customer next best actions and strategic tips. In fact, data analysis is often compared to panning for gold. Not all data is useful and you need to connect the dots to make it relevant -- when you consider the volume of data managed by the average company has grown to 162.9TB, that's one big river to pan.

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Digital transformation is a topic that's been in the air for more than just a few years now, but the impact of the pandemic and the need for businesses to adapt has rapidly brought it back to the forefront.

It's also no longer just about IT. Digital transformation is an enterprise-wide endeavor, connecting and affecting all business units and requires a shift in mindset to take full advantage of the opportunities it offers.

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The information age has gone through many phases, but one thing has always remained true -- the constant acceleration of evolution. This acceleration hasn’t always been consistent, but we’ve seen another leap in the already high urgency for businesses to adopt new tools, services, and technologies boom again with the growth of hybrid working.

Enterprises have become laser-focused on what will help hybrid workers be as productive as they were in the traditional office space -- wherever they choose to work. But knowing what technology and software are best to invest in to maintain -- or even boost -- productivity is not always a simple task.

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A new global study reveals that 79 percent of enterprises have made significant, transformative or even revolutionary improvements to the end user experience through digital transformation over the past year.

The research by Couchbase shows a positive outlook too, with enterprises planning to increase their investment in digital transformation by 46 percent over the next 12 months.

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Software-as-a-service has become increasingly popular and the market for it is still growing -- expected to reach $264 billion (£207 billion) by 2026.

SaaS sales are being driven by more companies continuing to digitize their operations in a post-COVID-19 world. We spoke to Paul Quigley, CEO and co-founder of predictive, real-time media monitoring platform NewsWhip, to discover how using SaaS can improve operations for a company, help grow the business, and even offer insights into human behavior.

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More small and medium businesses are prepared to switch their CRM provider than five years ago, according to a new report.

The study from Workbooks of over 200 SMEs finds the most common reason for wanting to change is a 'poor fit to our needs' (37 percent), followed by 'complexity of integration' (35 percent).

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New research from Google Cloud shows that sustainability is a key focus for executives, yet it's one of the lowest areas for investment.

The study of almost 1,500 executives around the world shows 80 percent of executives give their organization an above average rating for their environmental sustainability effort. Meanwhile 86 percent believe their efforts are making a difference in advancing sustainability.

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In the era of fast business, organizations face increased pressure to continually improve and rapidly iterate on their digital transformation strategies. Nearly 70 percent of companies cite digital transformation as their top IT priority, while McKinsey estimates that COVID-19 has sped up digital adoption by seven years.

While the urgency to transform increases, 90 percent of businesses report that they face at least one barrier in their efforts to drive digital change. But what does this really mean and how can an organization achieve their digital ambitions in the era of fast business?

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A new survey finds 83 percent of 1,000 organizations surveyed experienced a certificate-related outage over the last year, with over a quarter (26 percent) saying critical systems were impacted.

The report from identity management firm Venafi shows that digital transformation is driving an average of 42 percent annual growth in the number of machine identities.

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A new study reveals that 79 percent of cybersecurity professionals think that their organization prioritized maintaining business operations over ensuring robust cybersecurity in the last 12 months.

The CyberArk 2022 Identity Security Threat Landscape Report also points up how the rise of human and machine identities -- often running into the hundreds of thousands per organization -- has driven a build-up of identity-related cybersecurity 'debt', exposing organizations to greater risk.

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