By Insight Editor / 5 Jul 2023 / Topics: Digital transformation
Despite economic uncertainty, business leaders agree digital transformation is non-negotiable. From generative AI adoption to prioritizing sustainability initiatives, leaders are challenged to optimize current investments to fuel innovation in other areas. This infographic highlights key findings from the 2023 Insight Intelligent Technology Report, an IDC InfoBrief sponsored by Insight, and other industry-leading sources.
Accessibility note: The infographic is transcribed below the graphic.
Infographic text included for screen readers:
82% of organizations agree:
“Companies must invest in digital transformation or be left behind.”
The reality of digital business?
Digital transformation must create the foundation for business success.
69%
Digital experience
Boards of directors have increased digital business initiatives to meet the rapid change in customer preferences.
Over 60%
ESG goals
Companies prioritize ESG in their digital transformations.
2x impact
Technology aligned to strategy
Companies that align their technology investments with their overall strategy have a two times higher impact on valuation.
$1.25 trillion
Market cap potential
The right combination of digital transformation can unlock up to $1.25T in additional market capitalization.
72%
Generative AI
Professionals plan to adopt generative AI technologies to boost productivity across their organizations.
72% are concerned about quality and control in implementing generative AI technologies.
Regardless, 81% say their company has implemented policies/strategies around generative AI.
But —
For nearly 7 in 10 organizations, their digital transformation efforts failed to reach completion or meet objectives.
High-tech investment priorities
Choosing a technology partner starts with a team that understands your ambitions and connects with your people. The right team can accelerate your digital transformation journey and help you achieve your desired outcomes efficiently and effectively.
Sources:
Boston Consulting Group. (2022, Mar. 31). More Than 60% of Companies Prioritize ESG in Their Digital Transformations. BCG.com.
Carande, C. (2021, September 16). How CEOs Are Winning the Digital Transformation Race. KPMG Blog. KPMG.com.
Dakal, T. (2022, May 20). Digital Transformation Plans Versus Reality: Top Reasons Why Organizations Fail At Digital Transformation. Forbes.com.
Deloitte. (2023, Feb. 14). Unleashing Value from Digital Transformation: Paths and Pitfalls. Deloitte.com.
IDC InfoBrief, sponsored by Insight, 2023 Insight Intelligent Technology Report: Are We Entering a New Era of Innovation? IDC #EUR150678623, June 2023.
McKinsey & Company (n.d.). Growth & Innovation. McKinsey.com.
Orlov, P. (2022, Dec. 8). Why Not Investing in Digital Transformation Means Paying the Price. Forbes.com.
Sacolick, I. (2023, May 2). 5 Surefire Ways to Derail a Digital Transformation (Without Knowing It). CIO.com.
TEKsystems. (2023). State of Digital Transformation: Optimizing the Journey Forward. TEKsystems.com.
The Harris Poll. (2023). Generative AI Research Method & Topline Results. Insight Enterprises.
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