The pace of innovation is accelerating and any delay in digital transformation has more impact than a recession according to executives.
According to a global IDC InfoBrief* survey commissioned by solutions integrator Insight Enterprises, more than 8 in 10 (82%) global executives say companies need to invest in digital transformation or risk being left behind. Almost half (49%) rate the inability to keep up with their competitors’ technological innovation as one of the main dangers threatening their business in the next 12 months, while only 2 in 10 (20%) mention inflation and the risk of an economic recession.
” The number one question our clients ask us is how to make sure their business will still be around in a few years. Organizations have tried for years to address the fragility of their legacy systems and optimize their business by deepening their digital transformation to improve productivity, gain share in smaller markets, and build resilience. notes Matt Jackson, Insight’s global CTO. »
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Operational resilience, the biggest challenge
52% of respondents believe that operational resilience is one of the biggest challenges businesses will face in the coming year, along with cybersecurity (56%).
34% plan to invest in digital transformation over the next 12 months to scale the delivery and monetization of their products and services, while 33% plan to deepen the digital customer experience.
The top barriers to digital transformation are privacy and data security concerns (53%), lack of essential technology skills (39%), and insufficient resources for change management (39%).
Nearly half (49%) of digital transformation project failures are related to IT infrastructure integration issues. 46% of respondents also cite legacy technology or technical debt that is holding back their business strategy.
*IDC realized This survey between January and March 2023 with a sample of one thousand participants, made up of managers of large commercial companies with more than 1,000 employees, representative of all sectors of activity. The sample also included senior decision makers in public sector companies with more than 250 employees. The geographical distribution was as follows: 300 in North America (USA and Canada) and 100 per country in Spain, Italy, France, the United Kingdom, Belgium, the Netherlands, Germany, Austria and Switzerland.
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