Articles about Digital Transformation

Digital transformation is a priority for 80 percent of CFOs and 71 percent believe that these investments are key to their company's success.

This is according to a global survey of more than 1,500 CFOs and senior financial leaders by enterprise software services company Rimini Street which also shows that CFOs are keen to see IT investments deliver value.

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Digital transformation is a conversation that is and was taking place before COVID-19. Businesses wanted to know how to become more competitive, reactive, and efficient, and how services for users can be improved. McKinsey’s global survey of 889 executives reported that COVID-19 certainly accelerated digital transformation by several years in some sectors. Many of these changes are expected to remain in place long-term.

Here, we take a look at the top COVID-19 tech trends and how they will remain part of our lives in the future, post-pandemic.

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Digital transformation is sometimes seen as a panacea, providing visibility into the planning process, aligning software development with the business and delivering better outcomes.

But in a new study from Digital.ai more than half of businesses report issues providing that visibility and alignment, which calls into question long term success of today’s digital transformation initiatives.

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A new report from cloud business management company Sage reveals that 52 percent of companies say they have accelerated digital transformation plans by three years or more due to the demands of lockdown.

The study of more than 1000 finance leaders across US small and mid-size businesses also shows a growing confidence that they will return to pre-pandemic revenue levels by the end of 2021.

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Software engineering and IT operations teams are facing increased complexity in meeting customer and employee demands, as well as remote and hybrid work policies ushered in by COVID-19.

The key to dealing with this is increased process automation in IT operations (ITOps) according to a new report from DevOps process orchestration company Transposit.

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The past year has seen many changes to the way businesses operate, including a stepping up of digital transformation and more interest in automating processes.

But many people still fear that greater automation could lead to a loss of jobs. We spoke to Yakaira (Kai) Nunez, senior director of research and insights at Salesforce to discover why she thinks enterprises can deploy automation to partner with rather than replace humans.

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Every crisis presents an opportunity -- a truism never more evident than in Chancellor Rishi Sunak’s latest investment into the UK’s digital landscape.

For years, the UK economy has faced a fundamental problem; we have more need for highly skilled digital professionals and leaders than we have workers to satiate that demand. Recent research from Microsoft found that the vast majority (69 percent) of UK business leaders believe their organization currently has a skills gap, with a significant 44 percent fearing that this will have a negative impact on their success in the next year.

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Developers are key to recovery from the pandemic according to 91 percent of UK businesses in a new survey, and 95 percent see them as crucial to digital transformation projects too.

But the study from cloud communications platform Twilio finds that the majority are not yet unlocking the full power of developers.

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New research from network detection and response company Vectra AI shows that 88 percent of companies have accelerated their cloud and digital transformation projects due to COVID-19.

But it also finds that 71 percent of Microsoft Office 365 deployments have suffered an account takeover of a legitimate user's account, not just once, but on average seven times in the last year.

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Business conversations have included digital transformation for decades. However, more recent innovations have made it much easier for businesses to seamlessly integrate digital technology into their operations. 

While these technologies improve efficiency, support personalization, and promote safety, they also challenge risk managers to protect company information, prevent data breaches, and reduce potential threats that can accompany doing business with third-party vendors.

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Until the cloud and the idea of big data came along it wasn't unusual for different parts of a firm to have their own information separate from the rest of the business.

But digital transformation initiatives recognize that all information is important to the organization and that silos are increasingly a bad thing.

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In light of the recent explosion of cyber attacks and the changes brought about by the pandemic, there appears to be a compelling need for cybersecurity transformation. Businesses have to update their cyber defenses or risk the possibility of falling prey to persistently sophisticated attacks.

Transforming an organization’s security posture, however, is not as easy as it sounds. It takes time, expertise, and resources. One bad decision or an inadequacy in the technologies employed will render the transformation useless. Things can even become worse than the previous state. To make sure that it yields the expected benefits, organizations need to do it correctly.

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While organizations have publicly talked of the benefits of digital transformation for some time, the COVID-19 pandemic forced many to pull the trigger on those plans. The crisis accelerated the adoption of digital technologies as organizations across almost every industry underwent huge changes to their operating models. 

Indeed, a McKinsey executive survey notes that companies have accelerated the digitization of their customer and supply-chain interactions and of their internal operations by three to four years. Moreover, the share of digital or digitally enabled products in their portfolios has accelerated by seven years.

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Developers are playing a key role in helping enterprises meet their digital transformation goals despite facing significant challenges from COVID-19 according to new research from Couchbase.

The survey of 450 European and US senior IT decision makers finds 92 percent of respondents believe that DevOps could have a revolutionary impact on their digital transformation efforts, while 63 percent say that the flexibility to change their goals when needed has been helpful in meeting their digital transformation goals.

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A survey of 500 US-based enterprise technology decision-makers from IT decision making platform AVANT Communications reveals rapid change as businesses press ahead with digital transformation and bring in new disruptive technologies.

The reporst shows nearly half of respondents intend to grow their usage of SD-WAN while almost 60 percent expect to increase or significantly increase their use of MPLS.

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