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Showing posts from June, 2016

From Challenger to Transformer

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Even though business conditions remain challenging and budgets are constrained, executives are investing significantly more in digital transformation initiatives.According to new research, half of the CEOs surveyed by Gartner expect to see substantial digital transformation in their industries, or for their industries to be almost unrecognizable within five years. This has led digital transformation to become a core business strategy, with more and more CEOs leading digital transformation efforts personally. If delegated, the CIOs as next in line to take primary responsibility for the transformation strategy and efforts, according to Gartner.Competitive fears are certainly a motivator, as companies realize entire industries can be disrupted. Think Uber or AirBnB.However, digital transformation is also seen as an enabler, with 84% saying they expect digital change to bring higher profit margins. CEOs perceived the value of digital in their products & services is already 30% on aver…