Most companies are digitally transforming, but there is always more transformation to be done. Perhaps the companies we should pay most attention to are the ones that don’t think they’re that far along; they recognize how much opportunity lies ahead.
, as two years ago, digital transformation strategy remains the top funding priority outside of IT.
The one thing that changed significantly this year was the absolute priorities for digital transformation. But not everything. Cost is still way down the list at 9%. Culture, speed, and experience are in the same general range. However, innovation and security have swapped places this year, with security now one notch higher than last year’s seven notches. Innovation is still a priority, as evidenced by its close second place in this survey and other studies. For example, Red Hat’s “The State of Enterprise Open Source 2022” report found that ensuring organizations have access to the latest innovations is one of the key benefits of enterprise open source software.
However, given the attention being paid to security, and georgia mobile database real financial and reputational risks that data breaches, ransomware, and other security-related failures pose, it should come as no surprise that security has become a slightly more important consideration.
The barriers to digital transformation have not changed significantly over the past couple of years: Lack of skills or talent ranks first, followed by integration issues, technical debt, and security or regulatory gaps/risks.
There’s a lot of talk about the talent shortage in IT and other fields. What’s often less clear is what strategies companies are using to do something about it. The Harvard Business Review Analytic Services study, “2022 Digital Transformation Refocused: New Goals Require New Strategies,” found that upskilling/training is not a top business goal for most organizations for the next year; it’s one of the least mentioned priorities among respondents, at 14%. What’s more, nearly a third of respondents (31%) disagree that their organization is a leader in providing training to employees to improve or upgrade their skills for the future.