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Editorial Rating

8

Qualities

  • Innovative
  • Concrete Examples

Recommendation

You’ve heard it ad nauseam: Digital transformation is pivotal to the future success of your business. Your company has been throwing resources at that goal, but every effort has resulted in a piecemeal approach with underwhelming results. What you need is a road map that aligns business and tech. This report from the Boston Consulting Group provides tips for creating that road map. Spoiler alert: You’re not going to get there without C-suite buy-in, and you’re not going to get there with your current vendor ecosystem. You’ll need a tech-savvy workforce at a time when talent is scarce and in demand. But the rewards? Worth it.

Take-Aways

  • IT spending continues to climb, but companies are still struggling to reach digital maturity due to cybersecurity issues, difficulty scaling and a shortage of tech talent.
  • For improved revenues and cost savings, prioritize initiatives and use cases that can scale across your organization.
  • Moving forward will require C-suite buy-in, and an honest evaluation of your company’s current status and priorities.

About the Authors

Ashwin Bhave, Michael Grebe, Claus Helbing, Heiner Himmelreich, Rohit Nalgirkar, Juuso Soininen, Johan Stockmann and Amarendran Subramanian are professionals with the Boston Consulting Group.