Prepared for Aran B. | Delivered November 19, 2019
Digital Transformation Success
To understand what ratio of enterprises have achieved their digital transformation (DX) objectives and what they did to be successful.
A McKinsey report found that only
of companies say their DX have improved performance. 7% more say they saw some improvement but it was not sustained.
Digitally-savvy industries have slightly higher success rates, though not exceeding
. More traditional industries, however, report around 4-11% success rates with DX.
Digital transformation tends to be
at smaller companies.
70% of companies say they either have a DX strategy in place or are "
working on one
One expert believes
only 1 in 8 (12.5%) of Forbes Global 2000 companies have been successful with their DX.
One survey found
of organizations rated their DX as "very effective".
IDC predicts that
of DX initiatives will be supported by AI.
identifies six elements to a successful DX: leadership, boldness, agility, data focus, adaptivity and tech-driven talent.
In addition to this public search, we scanned our proprietary research database of over 1 million sources and were unable to find any specific research reports that address your goals.
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