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101 Digital Transformation Statistics (2016)

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101 digital transformation statistics, across key areas of strategy, technology, skills, culture and operations

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101 Digital Transformation Statistics (2016)

  1. 1. 101 Digital Transformation Statistics 2016
  2. 2. Strategy Skills Technology Culture Operations Statistics are split into five loose categories
  3. 3. Strategy
  4. 4. 33% of companies are developingtheir plans for digital transformation, but won't executein the next twelvemonths Are Businesses Really Digitally Transforming or Living in Digital Denial, Progress, 2016
  5. 5. 43% of organisationswith a mature digitalstrategy see internal departments competing to own digitalas the most significant barrier to digital transformation Leading Digital Business Transformation, Forrester / Squiz / SugarCRM, 2016
  6. 6. 47% of companies haven't started to embark on a digitaltransformation Are Businesses Really Digitally Transforming or Living in Digital Denial, Progress, 2016
  7. 7. 50% of digitallymature businesses believethat theirdigital strategy is tightlyalignedto theirIT strategy. Leading Digital Business Transformation, Forrester / Squiz / SugarCRM, 2016
  8. 8. 53% of companies have a comprehensive transformation roadmap that includes business capabilities and processes, as well as digitaland IT components. Global Digital IQ Survey, PWC, 2015
  9. 9. 55% of companies withoutan existingdigitaltransformation programme say the timeframe to adopt one is a year or less Are Businesses Really Digitally Transforming or Living in Digital Denial, Progress, 2016
  10. 10. 59% of companies say they are worriedthey may be toolate with their digitaltransformation efforts and will fall behindtheir competitors Are Businesses Really Digitally Transforming or Living in Digital Denial, Progress, 2016
  11. 11. 62% say their organizationis in denial about the need totransform digitally Are Businesses Really Digitally Transforming or Living in Digital Denial, Progress, 2016
  12. 12. 67% of companies believethatbuying or partnering with more digitallyadvanced organisationis a viable strategy for effectingdigital transformation Digital Evolution, Accenture / Pega,2016
  13. 13. 68% of businesses say that they have formed joint ventures withother companies and/or investedin startups, in order to boostdigitalcapabilities Digital Evolution, Accenture / Pega,2016
  14. 14. 71% of digitaldisruptors continuallylookfor opportunities to digitisethe business, compared with 63% of all othercompanies Global Digital IQ Survey, PWC, 2015
  15. 15. 82% of companies say that responsibilityfor overall leadership of digitaltransformation has been formally and explicitlyassigned to someone in the organisation Digital Leadership 2015: Making a Difference, apigee, 2015
  16. 16. 83% of businesses undergoing digitaltransformation say that their governancestructures, decision-making rules, or innovationprocesses have changed in the past 24 months Digital Leadership 2015: Making a Difference, apigee, 2015
  17. 17. 85% enterprise decision makers feel they have a timeframe of twoyears to make significant inroadon their digitaltransformations, or they willsuffer financially and fall behindtheir competitors Are Businesses Really Digitally Transforming or Living in Digital Denial, Progress, 2016
  18. 18. 86% of organisationssay that digital business has prompted them toenter, or consider entering,a new market or markets Digital Evolution, Accenture / Pega,2016
  19. 19. 90% of digitallymature companies say that business transformation is a directiveof their digitalstrategy Strategy, Not Technology, Drives Digital Transformation, MITSloan, 2015
  20. 20. 91% of companies say that faster digital transformation strategies wouldoffset challengesand greatlybenefittheir organisations Digital Evolution, Accenture / Pega,2016
  21. 21. 96% of organizationssee digital transformation as critical or important Are Businesses Really Digitally Transforming or Living in DigitalDenial, Progress, 2016
  22. 22. Around only a quarter of businesses are very confident in their abilityto executea digitaltransformation Are Businesses Really Digitally Transforming or Living in Digital Denial, Progress, 2016
  23. 23. By 2017, 60% of companies witha digital transformation strategy willdeem it toocritical for any singleone functional area create an independent corporate executivepositionto overseethe implementation IDC FutureScape : Worldwide DigitalTransformation 2016 Predictions, IDC, 2015
  24. 24. By the end of 2017, two-thirds of the CEOs of Global2000 companies willhave digital transformation at the centre of their corporate strategy IDC FutureScape : Worldwide Digital Transformation 2016 Predictions, IDC, 2015
  25. 25. Despite the expectationthat digital willinfluence a significant portion (47%) of sales by 2020, most executives don’tsee the use of digital technologyas having a major influenceon business strategy The Key Success Factors Of Digital Business Strategy, Forrester, 2016
  26. 26. Digitalbusiness transformation is expected to replace cost reduction as the topdriver for new business process management (BPM) initiatives Business Process ManagementPlaybook, Forrester, 2016
  27. 27. Digitaldisruptors will displace 4 out of 10 incumbent companies over the nextfive years Digital Vortex, Center for Digital Business Transformation, 2015
  28. 28. Digitaltransformation is expectedto boostthe bottomline by more than 50% for some companies over the nextfive years Finding your digital sweet spot, McKinsey, 2013
  29. 29. Havinga lack of overallstrategy is cited by a third (33%) of executivesto be a barrier preventing them from takingadvantage of digital trends Strategy, Not Technology, Drives Digital Transformation, MITSloan, 2015
  30. 30. In 2016, 65% oflarge enterprises willhave committedto become information-based companies, shifting the organisationalfocus to relationships, people, and intangiblecapital IDC FutureScape : Worldwide Digital Transformation 2016 Predictions, IDC, 2015
  31. 31. Just 1% of executivessay their number-one expectation for digitalis to disrupt their own or other industries Global DigitalIQ Survey, PWC, 2015
  32. 32. Just 26% of executivesfeel confident that their company fully understands the potentialfor digitalto change valuecreation The Key Success Factors Of Digital Business Strategy, Forrester, 2016
  33. 33. Just over half (57%) of organisations say that they have establisheda strong framework connect digital investmentsmore directly toenterprise KPIs Digital Leadership 2015: Making a Difference, apigee, 2015
  34. 34. Less than a fifth (18%) of ITDMs are very confident that they willsucceed in meetingdigital transformation goals in the next twelvemonths The State of Digital Transformation and APIs, Mulesoft, 2016
  35. 35. More than three-quarters (76%)of companies have a defined digital transformation strategy Are Businesses Really Digitally Transforming or Living in Digital Denial, Progress, 2016
  36. 36. Of companies making progress with theirdigital transformation initiatives,onlya third(36%) say that they are on schedule TechValidate, 2016
  37. 37. Only 11% of companies assess their digital strategyas “excellent.” Leading Digital Business Transformation, Forrester / Squiz / SugarCRM, 2016
  38. 38. A quarter (25%) of executivesexpect digitalto create better customer experiences Global DigitalIQ Survey, PWC, 2015
  39. 39. More than three-quarters (77%)of businesses expect that they willbe competing in a new segment within three years Digital Evolution, Accenture / Pega,2016
  40. 40. Only 5% of organisationsfeel that they have mastered digitalto a point of differentiation from their competitors Digital Transformation In The AgeOf The Customer, Forrester / Accenture, 2015
  41. 41. Only 50% of executivesagree or strongly agree that their organisation has a clear and coherent digitalstrategy Strategy, Not Technology, Drives Digital Transformation, MITSloan, 2015
  42. 42. Only a quarter (26%) of organisations are ‘completely ready’ to executedigital strategies Digital Transformation In The Age Of The Customer, Forrester,Accenture, 2015
  43. 43. Only one in three business leaders agree that digital priorities are fully alignedwithintheir organisation Retail Digital Transformation, Fujitsu, 2016
  44. 44. The biggestchallengesof digitaltransformation are developingnew business models to cope with increased connectivityand engagement (43%), implementingdigital strategy organisation-wide (39% and recruitingtalent withappropriate digitalskills (32%) CIO Report, BT,2016
  45. 45. The CIO is the most likelyC-suiteexecutivetoown digital transformation, but digitalinitiativesare more likelyto be led by business departments (29%) than the IT function (22%). Digitising IT, Economist IU / SAP, 2016
  46. 46. The digitaleconomy is growingat 10% a year, generating more than $24tn in ecommerce alone, during 2015 Global Connectivity Index, Huawei, 2016
  47. 47. The digitaltransformation market is expected togrow from $150.7bn in 2015 to$369.2bn by 2020, at a compound annual growth rate of 19.6% Digital Transformation Marketby Solution, MarketsandMarkets, 2015
  48. 48. The sharing economy willgive rise to bothnetworked-free agents and skill-based marketplaces, resulting in more than 10% of work beingsourced this way in mature economies by 2019 IDC FutureScape : Worldwide Digital Transformation 2016 Predictions, IDC, 2015
  49. 49. The topdigital priorityfor senior executivesis growingrevenue (45%) Global DigitalIQ Survey, PWC, 2015
  50. 50. The topthree digital transformation drivers are improved customers experience, increased speed of innovationand improved-time-tomarket. Leading Digital Business Transformation, Forrester / Squiz / SugarCRM, 2016
  51. 51. Two-thirds (65%) of CIOs are measuring the success of their organisationagainst different KPIs than 12 months ago, as a direct result of digital transformation. CIO Report, BT,2016
  52. 52. Under a third (29%) oforganisationscurrently see ‘metrics and measurements’ as critical to their digitalsuccess Digital Transformation In The AgeOf The Customer, Forrester / Accenture, 2015
  53. 53. Digital Transformation Statistics 53 53 Only 15% of companies at the early stages of digital maturity* say that their organisationshave a clear and coherent digital strategy, compared to 80% of digitallymaturing companies Digital Business Global Executive Study, MIT Sloan ManagementReview and Deloitte, 2015 * Defined asan organisation where digital has transformed processes, talent engagementandbusiness models
  54. 54. Skills
  55. 55. 27% of digitalleaders rate technology skills to be the biggeststaffing pain point Staffing And Hiring For Digital Business, Forrester, 2016
  56. 56. 31% of digitalteams rely on external partners todeliver their technologyneeds Staffing And Hiring For Digital Business, Forrester, 2016
  57. 57. 44% of executivessay that knowingthe business and being able to conceptualise how new digitaltechnologiescan impact current processes and models is the biggestmissing organisationalskill Strategy, Not Technology, Drives Digital Transformation, MITSloan, 2015
  58. 58. A third (35%) of companies say that a lack of qualified data science experts is hampering digital transformation efforts Digital Evolution, Accenture / Pega,2016
  59. 59. Digitalleaders consistentlyrate usability,customer experience, and creative skills as some of the hardest skills to recruit for Staffing And Hiring For Digital Business, Forrester, 2016
  60. 60. Just 55% of executivessay their organisationhas all the technologyskillsneeded to deliveron their enterprise vision Global DigitalIQ Survey, PWC, 2015
  61. 61. Nearly two-thirds (64%) of technologyprofessionals say that a major roadblock to digitaltransformation is not having enoughresources to maintain current systems and developor incorporate new digitalservices TechValidate, 2016
  62. 62. Only 16% of executivesbelievethattheir firm has all the skills and capabilities necessary to deliverits digital ambition Staffing And Hiring For Digital Business, Forrester, 2016
  63. 63. Technology
  64. 64. 49% of companies say that more than half of theirIT budget addresses digital transformation initiatives Digital Evolution, Accenture / Pega,2016
  65. 65. 57% of organisationssay that implementing key digital technologiesis criticalto enablingtheir digital business Digital Transformation In The AgeOf The Customer, Forrester / Accenture, 2015
  66. 66. 64% of organisationscite they are currently in progress with incorporating mobiletechnologiesas part of digitaltransformation TechValidate, 2016
  67. 67. 88% of companies believethatthey do not have the right technologyinplace to currently executea digital strategy Digital Evolution, Accenture /Pega, 2016
  68. 68. 90% of CEOs are changing howthey use technologyto deliver on wider stakeholder expectations 19th Annual Global CEO Survey, PWC, 2016
  69. 69. 92% of businesses say that intelligentautomation- the combineduse of artificial intelligenceand automation- willbe put to wider use withintheir company during the next twelvemonths Digital Evolution, Accenture / Pega,2016
  70. 70. By 2018, at least 20% of all workers will use automated assistance technologiestomake decisions and get work done IDC FutureScape : Worldwide DigitalTransformation 2016 Predictions, IDC, 2015
  71. 71. More than 90% of executivesbelievethat digital technologyhas the potentialto fundamentally transform the way people work in theirorganisation Strategy, Not Technology, Drives Digital Transformation, MITSloan, 2015
  72. 72. Nearly one-third(31%) of businesses say they are investingmore than 15% of revenueinto technology investments that span all areas of the business, not just IT Global Digital IQ Survey, PWC, 2015
  73. 73. Nearly two-thirds (58%) of executivesare confident in theirleadership's understanding of relevantdigitaltrends and emerging technologies Strategy, Not Technology, Drives Digital Transformation, MITSloan, 2015
  74. 74. Only 62% of companies in the process of a digitaltransformation say there is a strong alignment betweenmarketing and IT Digital Leadership 2015: Making a Difference, apigee, 2015
  75. 75. Seniorexecutivescite that more than two-thirds (68%) of technologyspending is nowcoming from budgets outside ofIT Global DigitalIQ Survey, PWC, 2015
  76. 76. Technologicaladvances are seen by 77% of CEOs to be the global trend most likelyto transform wider expectationsof business 19th Annual Global CEO Survey, PWC, 2016
  77. 77. The three biggestdisruptive technologiesare citedby globalrespondents to be cloud(58%), mobilityand collaboration(54%)and data (52%) CIO Report, BT,2016
  78. 78. Culture
  79. 79. 45% of companies say that digitaldisruption is notseen as worthyof board-levelattention Digital Vortex, Global Center for Digital Business Transformation, 2015
  80. 80. 54% of mature digitalorganisations believethatfostering a culture of digitalinnovationis a critical enablerto developtheir business Leading Digital Business Transformation, Forrester / Squiz / SugarCRM, 2016
  81. 81. 86% of CEOs believeitis crucial to champion the use of digital technologies Global Digital IQ Survey, PWC, 2015
  82. 82. 87% of businesses expect digital transformation tohave a positive impact on employee experiences when working at the company Digital Leadership 2015: Making a Difference, apigee, 2015
  83. 83. 97% of organisationssay that changing company culture is a very or somewhat important challengeto digitaltransformation success Digital Transformation Survey, Altimeter, 2014
  84. 84. Nearly one in three (31%) of companies stronglyagree that “digital transformation is something employees are excitedabout.” Digital Leadership 2015: Making a Difference, apigee, 2015
  85. 85. Operations
  86. 86. 28% of digitalteams now operate as standalone groups with their own budget, headcount and a strategic voicein the C-suite Staffing And Hiring For Digital Business, Forrester, 2016
  87. 87. 31% of digitalbusiness professionals report intothe marketing group Staffing And Hiring For Digital Business, Forrester, 2016
  88. 88. 40% of digitalbusiness professionals work in a centralised function; they are the onlydigital groupwithin the organisationand are responsible for their own initiatives Staffing And Hiring For Digital Business, Forrester, 2016
  89. 89. 88% of technologyprofessionals expect increased employee productivityas an output of becominga transformed digitalenterprise TechValidate, 2016
  90. 90. 43% of companies say that they now have a separate digital business unit to introduce new practices Digital Evolution, Accenture / Pega,2016
  91. 91. 70% of executiveshave started the digital transformation of their supply chains The Current and Future State of Digital Supply Chain Transformation, Capgemeni/ GT Nexus, 2016
  92. 92. 88% of firms are using third-party providers for at least one component of their digitaltransformation Digital Transformation In The AgeOf The Customer, Forrester / Accenture, 2015
  93. 93. By 2020, 60% of the G2000 willhave doubledtheir productivityby digitallytransforming many processes from human-based to software-based delivery IDC FutureScape : Worldwide Digital Transformation 2016 Predictions, IDC, 2015
  94. 94. 96% of ITDMs cite that their business is currently executing digital transformation initiatives,orplanning todo so in the near future The State of Digital Transformation and APIs, Mulesoft, 2016
  95. 95. By 2018, 75% of the G2000 willhave deployedfull, information- based, and economicmodels or ”digitaltwins" of their products and services, supply network,sales channels and operations IDC FutureScape : Worldwide Digital Transformation 2016 Predictions, IDC, 2015
  96. 96. A quarter (25%) of technologyprofessionals say that an inabilityto ensure their digitalservices operate at the highestlevels of performance, automation and capacity is a major roadblock to digitaltransformation TechValidate, 2016
  97. 97. By 2018, 80% of B2C companies willhave created immersive, authentic omni-experiences for customers, partners, and employees; 60% of B2B-centric companies willhave done the same IDC FutureScape : Worldwide Digital Transformation 2016 Predictions, IDC, 2015
  98. 98. CEOs expect that 41% of enterprise revenue willcome from digital business by 2020, almost double what it was in 2015 Create an Industry Vision for Digital Business, Gartner, 2016
  99. 99. In 2016, the levelof connectivityrelatedto products, assets and processes will Increase 50% for all industry value chains IDC FutureScape : Worldwide Digital Transformation 2016 Predictions, IDC, 2015
  100. 100. In the nexttwelvemonths, 52% of businesses plan to establish new digital governanceand transformation management Digital Transformation In The AgeOf The Customer, Forrester / Accenture, 2015
  101. 101. More than a third (36%) of executivesare unsatisfied with their company's current reaction todigital trends Strategy, Not Technology, Drives Digital Transformation, MITSloan, 2015
  102. 102. Nearly half (45%) of IT departments have changed the way they works completely or significantly,to support digital transformation Digitising IT, Economist IU / SAP, 2016
  103. 103. One in three business leaders thinkthey are already over-spending on digital projects Retail Digital Transformation, Fujitsu, 2016
  104. 104. Just 7% of executivessay their IT department plays a leadership role in identifyingopportunities for digital innovation,but35% believeitshould Digitising IT, Economist IU / SAP, 2016
  105. 105. Only only14% of organisationshave completelydigitisedbusiness processes IDC-Canon Transformation Study, IDC, 2016
  106. 106. Thank you www.jakehird.com All images via Pexels Creative Commons (CC0) license

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