Its been couple of years digital transformation is there and around 70% companies have already having transformation strategy. Let's see what are those 10 statistics of Digital Transformation.
2. 70% of companies either have a digital
transformation strategy in place or
are working on one.
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3. 21% of companies think they’ve already
completed digital transformation.
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4. 40% of all technology spending in 2019
will go towards digital transformation.
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5. Companies will spend a total of more than
$2 trillion on digital transformation in 2019.
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6. Most digital transformations are driven by growth
opportunities, followed by increased competitive
pressure and new regulatory standards.
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7. Executives say the top benefits of digital
transformation are improved operational efficiency
(40%), faster time to market (36%) and the ability to
meet customer expectations (35%).
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8. 60% of companies that have undergone
a digital transformation have created
new business models.
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9. 55% of startups have adopted a digital business
strategy, compared to 38% of
traditional companies.
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10. 89% of all companies have already adopted a
digital-first business strategy or plan to do so.
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11. The top industries for digital-first business
strategies are services (95%),
financial services (93%) and healthcare (92%).
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