The 2017 State of Application Development survey highlights the urgency for CIOs to advance digital transformation to avoid financial setbacks, with 85% emphasizing the need for speed over size in competition. Organizations are re-engineering IT strategies, with a growing reliance on automation and low-code platforms to enhance application delivery, amid challenges such as a lack of developers and mobile development skills. By the end of 2017, a significant number of CEOs would have digital transformation central to their strategy, but only 10% of companies consider themselves fully digital.