August 2017 //
Digital transformation has become a top mandate for almost every IT and business leader. The ZK Research 2017 IT Priorities Survey found that 84% of businesses currently have a digital transformation initiative in progress (Exhibit 1). In the digital era, competitive advantage is no longer determined by which company has the best products or even the best people. Market leadership is based on an organization’s ability to analyze information, gain insights and make fast decisions to capitalize on market transitions.
One important step in the journey to becoming a digital organization is transforming into an agile business—and it is impossible to do so without having an agile IT infrastructure to enable it. This is why businesses spent more than $14 billion on technology in 2016 to make IT more agile, according to ZK Research.