6 Keys to Digital Transformation Success

6 Keys to Digital Transformation Success

Nearly every enterprise is undergoing a digital transformation. Some are more successful than others. Here are 6 factors shared by the successful ones.

Digital transformation has truly arrived, with nearly all enterprise organizations are engaging in some form of transformation or else planning one. That’s according to a new survey conducted by Hanover Research and commissioned by AHEAD, an enterprise cloud provider.

But how are these transformations going? That’s another question entirely. A full 36% of organizations are behind schedule, according to the survey that analyzed 293 responses to the poll of key IT decision makers at US-based companies. Yet still more were on target to hit their planned schedules at 44%. Another 14% reported being ahead of schedule. Still, 6% reported being stalled.

Like any initiative, there are plenty of obstacles in the way of success and hitting those milestones on time. If you are among the many in the midst of a digital transformation, these may sound familiar to you. Among those surveyed, the most common challenges to digital transformation were legacy systems (36%), regulatory hurdles (30%), employee skill sets (29%), cultural resistance to change (28%), internal politics (27%), lack of funding commitment (25%), underlying IT infrastructure (24%), poorly performing vendors (21%), and lack of digital strategy (20%).

That’s a whole host of headaches for anyone who works in an enterprise organization. Considering the funding for these projects, 65% of those surveyed said they believed that their budgets will increase in the future to facilitate digital transformation, while 34% said they expected their budgets to remain the same. Only 1% were predicting a budget decrease.

However, an interesting note is that more of those who are ahead of schedule expect a budget increase (70%), while a smaller percentage, 58%, expect a budget increase among those whose transformations are behind schedule or stalled. It’s unclear whether the more generous budgets are driving success, or the success is driving the more generous budgets.

Aside from the most common challenges to digital transformation, survey respondents also identified the most difficult challenges, too.

Share it:
Share it:

[Social9_Share class=”s9-widget-wrapper”]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You Might Be Interested In

The most important skills for successful AI deployments

8 Feb, 2021

With artificial intelligence (AI) deployments carrying many risks if not deployed properly, we explore the most important skills for workforces …

Read more

why teaching ethics and “ethics training” is problematic

15 Sep, 2020

After three years speaking about, writing about and training in AI Ethics, organizations I speak with report that many of …

Read more

AI still doesn’t have the common sense to understand human language

3 Feb, 2020

Until pretty recently, computers were hopeless at producing sentences that actually made sense. But the field of natural-language processing (NLP) …

Read more

Do You Want to Share Your Story?

Bring your insights on Data, Visualization, Innovation or Business Agility to our community. Let them learn from your experience.

Get the 3 STEPS

To Drive Analytics Adoption
And manage change

3-steps-to-drive-analytics-adoption

Get Access to Event Discounts

Switch your 7wData account from Subscriber to Event Discount Member by clicking the button below and get access to event discounts. Learn & Grow together with us in a more profitable way!

Get Access to Event Discounts

Create a 7wData account and get access to event discounts. Learn & Grow together with us in a more profitable way!

Don't miss Out!

Stay in touch and receive in depth articles, guides, news & commentary of all things data.