In today’s unparalleled circumstances, organizations are discussing ways to slow digital transformation and preserve capital. However, history has proven that companies that took a strategic future-focused investment approach were ready when the global economy rebounded. Today, with 80 percent of revenue growth tied to digital offerings and operations over the next three years, IT leaders should continue transforming their operating models and investing in key enablers, like integrated cloud, agile, automation, AI, blockchain and advanced data and analytics.
In this video, we walk you through five lenses through which to view your transformation initiatives in order to preserve your hard-won initiatives, while balancing short-term efforts with long term measures.
In addition, view our perspective on accelerating digital transformation efforts during times of uncertainty.
By Steve Bates, Global Leader, KPMG’s CIO Center of Excellence, KPMG International and Principal, KPMG in the US
While balancing the short-term efforts with long-term measures, we think there are five lenses to look through when preserving your hard-won initiatives:
Organizations who continue to invest in the most important enablers during this most challenging time will likely be the ones who come out not only ahead and more competitive, but, thriving from within.
1Source: IDC Press Release, IDC Launches New Framework to Accelerate Digital Transformation and Help Enterprises Become Digital Natives (IDC, Oct 2017)
Additional insight: IT in an economic downturn.