Although a majority of businesses have followed a digital transformation plan, poor top-down communication is proving a barrier to success.

A new report from automation specialist Nintex shows that 64 percent of companies have followed a formal digital transformation plan for three years or less, while a third have followed a plan for one year or less.

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A new survey by London-based Coeus Consulting reveals that 88 percent of respondents are unable to demonstrate cost transparency to the rest of the organization.

Those that can, however, are best positioned to deliver business agility for digital transformation and are more likely to be represented at senior level in their companies.

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Legacy technology can be a major obstacle to digital transformation projects and, according to a new survey of financial services technology decision makers carried out for business consultancy Janeiro Digital, almost 51 percent say existing technology is holding back innovation.

Three of the biggest roadblocks are seen as lack of support for change (34 percent), legacy technology and infrastructure (31.6 percent) and a lack of in-house technical skill (29.5 percent).

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A new survey of business and IT decision makers reveals that more than half (56 percent) believe their job roles have been changed by digital transformation.

The study by the Cloud Industry Forum and Ensono research finds 51 percent reporting an increase in their responsibilities and 47 percent saying they have greater pressure to deliver.

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European businesses are set for an increase in IT spending which should greatly accelerate digital transformation efforts within the next 12 months.

That's according to new research from CenturyLink, which found that over half of companies are set to boost IT spending over the next year to allow them to embrace the benefits of new technology sooner than expected.

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