McKinsey reports that high-tech business-to-business companies have reported achieving a 10% to 20% reduction in cost through digital transformation in their customer experience processes. These companies also reported 10% to 15% revenue growth.
Eighty percent of executives who have made use of digital transformation technologies such as cloud, IoT, and PLM, "say they are able to deliver new value for smart, connected products throughout their lifecycle."
Also, 60% of executives stated that they have created new business models as a result of implementing digital transformation technologies.
According to Spiceworks, 52% of businesses invest in new technologies in order "to reinforce business growth," while 46% do this to meet the requirements of a project.
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