SlideShare a Scribd company logo
Digital Business Study 2021
Insight into organizations’ progress towards
becoming a digital-first business
2
Source: Foundry Digital Business Study, 2021
Purpose and methodology
Survey goal
To gain a better understanding of
how companies are evolving their
businesses through the use of
technology to drive revenue and
create better customer and
employee experiences.
Total respondents 607
Collection method
Online questionnaire
Number of questions 27
Average company size 14,247 employees
Region
North America 49%
APAC 27%
EMEA 24%
Audience base
CIO, Computerworld, CSO, InfoWorldand
Network World site visitors,and email
invitations to audience base
Digital first approach
All survey respondents are within
organizations that have plans to adopt/or
already launched a “digital-first” approach
7%
7%
8%
8%
8%
9%
9%
13%
16%
Retail, wholesale, distribution
Telecommunications & utilities
Healthcare
Government/nonprofit
Education
Services (legal, consulting, real estate)
Financial services (banking, insurance,
brokerage)
Manufacturing
Technology
Job titles
Top represented industries
IT mgmt.
Exec. IT
Business mgmt.
IT pro
Other
61%
11%
11%
11%
6%
2019
#2
#4
#3
#1
#5
#7
#8
#6
#10
#9
3
“Digital business” meanings slightly shift
Question: What does “digital business”mean to your organization?
Source: Foundry Digital Business Study, 2021
49%
43%
42%
40%
39%
36%
35%
32%
30%
28%
Enable worker productivity (mobile apps, data access, AI-assisted automation)
Increase understanding of customer needs through data collection and analysis
Better manage business performance through data availability and visibility
Meet customer experience expectations (through personalization, enhanced
customer touchpoints, etc.)
Digitally modify business and/or processes
Improve employee engagement (smart workforces, collaboration tools, etc.)
Develop new digital business/revenue streams
Provide secure, optimized anywhere/anytimes access to assets
Digital globalization (the flow of data and information which enables
the movement of goods, services, finance, and people worldwide)
Achieve top-line growth through digital product enhancements or new digitally or
data-driven products and services
4
Organizations have made digital-first plans
Question: To what extent has your organization adopted a “digital first” approach to business processes, operations and customer engagement today?
Source: Foundry Digital Business Study, 2021
96%
94%
93%
91%
90%
88%
84%
82%
Healthcare
Manufacturing
Technology
Financial services
Retail
Services
Government
Education
91%
of organizations have adopted,
or have plans to adopt, a “digital-first”
business strategy
By industry
1,000+ 96%
<1,000 86%
5
Working towards employee productivity & business agility
Question: What are the top objectives of your organization’s digital business strategy?
Source: Foundry Digital Business Study, 2021
13%
18%
24%
25%
28%
29%
31%
34%
38%
38%
42%
43%
44%
Improve staff retention rates and team morale
Maintain overall revenue, given market shifts
Staying ahead/on pace with competition
Reduce complexity
Improve employee engagement/collaboration
Keep up with customer expectations
Enable sustainable growth
Improve security
Reduce costs/inefficiencies
Drive new revenue through innovation
Create better customer experience
Enable business agility/resiliency
Improve employee productivity/performance Up from #8 in 2019
6
Strategies in place to become a digital business
Question: How much progress has your organization made in each of the following areas on its way to becoming a digital business?
Source: Foundry Digital Business Study, 2021
25%
28%
24%
26%
25%
22%
22%
27%
19%
32%
40%
44%
41%
40%
50%
42%
42%
47%
19%
17%
18%
19%
23%
16%
24%
20%
25%
24%
15%
14%
14%
12%
12%
11%
10%
9%
Persona development
Determining the metrics of success
Change management
Workforce strategy (determining roles/
responsibilities)
IT skills assessment
Data management strategy
Technology needs assessment
Developing a business case/roadmap
for the overall digital strategy
Data security/protection strategy
Planning In progress Completed No plans
7
Current challenges associated with digital business success
Question: What are your biggest challenges today in achieving success with digital business initiatives? (Today)
Source: Foundry Digital Business Study, 2021
7%
8%
10%
11%
16%
17%
18%
18%
18%
21%
22%
23%
23%
26%
31%
32%
Lack of ownership within IT
Agile competitors
API development & deployment
Lack of customer insights
Organizational issues such as poorly defined roles and responsibilities
Inability to act on data
Data collection/management/analysis
Lack of corporate vision and/or buy-in
Cultural issues
Lack of staff and/or correct skill sets
Lack of integration of legacy systems with new applications
Business and IT strategy are not well aligned
Need to replace legacy systems
Complexity of IT infrastructure
Lack of a sufficient budget
Too many competing priorities
8
Investing more in AI & analytics
Question: Looking out over the next 12 months, which of the following strategies or technologies do you anticipate investing more dollars in to become a digital business?
Source: Foundry Digital Business Study, 2021; Foundry Data & Analytics Study, 2021
18%
18%
18%
18%
19%
21%
22%
30%
30%
32%
34%
38%
DevOps
Robotic process automation (RPA)
Internet of Things (IoT)
Business process management
Mobile apps
APIs/embeddable
Microservices/containers
Private cloud
Multi-cloud
Public cloud
Big data/analytics
Artificial Intelligence (AI)/machine learning (ML)
61%
of ITDMs agree that the pandemic
accelerated their organization’s
data-driven strategy
9
Continue the conversation
● To get results from Foundry research when it happens,
or any other news, follow us on Twitter: @Foundry_IDG
● Sign up to receive our monthly marketing newsletter
at www.FoundryCo.com/newsletters/
● Visit us on LinkedIn here:
www.linkedin.com/company/international-data-group--idg-
Additional ways to stay on top of information from Foundry:
To receive a briefing on the full results from this study, or for more
information, please contact your Foundry sales executive or contact us.
For more information on content marketing and lead nurture, explore our
resources on this site under marketing tools. We have additional primary
research, blogs and white papers to make you smarter about tech decision
makers, and targeted products and programs to help you reach them!

More Related Content

What's hot

Ally Bank & Cognizant: Transforming Customer Experience Using Amazon Alexa - ...
Ally Bank & Cognizant: Transforming Customer Experience Using Amazon Alexa - ...Ally Bank & Cognizant: Transforming Customer Experience Using Amazon Alexa - ...
Ally Bank & Cognizant: Transforming Customer Experience Using Amazon Alexa - ...
Amazon Web Services
 
IoT home automation project
IoT home automation projectIoT home automation project
IoT home automation project
Shohin Aheleroff
 
Wireless network ppt
Wireless network pptWireless network ppt
Wireless network ppt
Basil John
 
Ppt It In Manufacturing Industries 09 2000
Ppt It In Manufacturing Industries 09 2000Ppt It In Manufacturing Industries 09 2000
Ppt It In Manufacturing Industries 09 2000
FNian
 
Robotic Process Automation (RPA) in Manufacturing Industry
Robotic Process Automation (RPA) in Manufacturing IndustryRobotic Process Automation (RPA) in Manufacturing Industry
Robotic Process Automation (RPA) in Manufacturing Industry
Cygnet Infotech
 
Finger print based door access system
Finger print based door access systemFinger print based door access system
Finger print based door access systemAkshay Govekar
 
Smart Digital Door Lock
Smart Digital Door LockSmart Digital Door Lock
Smart Digital Door Lock
shakil2604
 
Digital Insurance Transformation
Digital Insurance TransformationDigital Insurance Transformation
Digital Insurance Transformationdigitalinsurer
 
Microcontroller based automatic engine locking system for drunken drivers
Microcontroller based automatic engine locking system for drunken driversMicrocontroller based automatic engine locking system for drunken drivers
Microcontroller based automatic engine locking system for drunken drivers
Vinny Chweety
 
Dimension Data - Company Profile
Dimension Data - Company ProfileDimension Data - Company Profile
Dimension Data - Company Profile
kojoboy
 
ELECTRONIC PROTECTION FOR EXAM PAPER LEAKAGE
ELECTRONIC PROTECTION FOR EXAM PAPER LEAKAGEELECTRONIC PROTECTION FOR EXAM PAPER LEAKAGE
ELECTRONIC PROTECTION FOR EXAM PAPER LEAKAGE
muhammed jassim k
 
Seminar report on image sensor
Seminar report on image sensorSeminar report on image sensor
Seminar report on image sensor
JaydeepBhayani773
 
EA - Enterprise Integration Introduction
EA - Enterprise Integration IntroductionEA - Enterprise Integration Introduction
EA - Enterprise Integration Introduction
Praveen Pandey
 
Fingerprintattendancesystem 131016052949-phpapp01
Fingerprintattendancesystem 131016052949-phpapp01Fingerprintattendancesystem 131016052949-phpapp01
Fingerprintattendancesystem 131016052949-phpapp01Muhammad Tahir Mehmood
 
The Modern ERP Landscape
The Modern ERP LandscapeThe Modern ERP Landscape
The Modern ERP Landscape
Citrin Cooperman
 
Order management, provisioning and activation
Order management, provisioning and activationOrder management, provisioning and activation
Order management, provisioning and activationVijayIndra Shekhawat
 
Insurance new business process diagram
Insurance new business process diagramInsurance new business process diagram
Insurance new business process diagram
abhinayverma
 
Microelectronics pill
Microelectronics pillMicroelectronics pill
Microelectronics pill
Tycon Ranjan
 
Top P&C Insurance Trends 2022
Top P&C Insurance Trends 2022Top P&C Insurance Trends 2022
Top P&C Insurance Trends 2022
Capgemini
 
The Digital Insurer Award - FWD (data AI)
The Digital Insurer Award - FWD (data AI)The Digital Insurer Award - FWD (data AI)
The Digital Insurer Award - FWD (data AI)
The Digital Insurer
 

What's hot (20)

Ally Bank & Cognizant: Transforming Customer Experience Using Amazon Alexa - ...
Ally Bank & Cognizant: Transforming Customer Experience Using Amazon Alexa - ...Ally Bank & Cognizant: Transforming Customer Experience Using Amazon Alexa - ...
Ally Bank & Cognizant: Transforming Customer Experience Using Amazon Alexa - ...
 
IoT home automation project
IoT home automation projectIoT home automation project
IoT home automation project
 
Wireless network ppt
Wireless network pptWireless network ppt
Wireless network ppt
 
Ppt It In Manufacturing Industries 09 2000
Ppt It In Manufacturing Industries 09 2000Ppt It In Manufacturing Industries 09 2000
Ppt It In Manufacturing Industries 09 2000
 
Robotic Process Automation (RPA) in Manufacturing Industry
Robotic Process Automation (RPA) in Manufacturing IndustryRobotic Process Automation (RPA) in Manufacturing Industry
Robotic Process Automation (RPA) in Manufacturing Industry
 
Finger print based door access system
Finger print based door access systemFinger print based door access system
Finger print based door access system
 
Smart Digital Door Lock
Smart Digital Door LockSmart Digital Door Lock
Smart Digital Door Lock
 
Digital Insurance Transformation
Digital Insurance TransformationDigital Insurance Transformation
Digital Insurance Transformation
 
Microcontroller based automatic engine locking system for drunken drivers
Microcontroller based automatic engine locking system for drunken driversMicrocontroller based automatic engine locking system for drunken drivers
Microcontroller based automatic engine locking system for drunken drivers
 
Dimension Data - Company Profile
Dimension Data - Company ProfileDimension Data - Company Profile
Dimension Data - Company Profile
 
ELECTRONIC PROTECTION FOR EXAM PAPER LEAKAGE
ELECTRONIC PROTECTION FOR EXAM PAPER LEAKAGEELECTRONIC PROTECTION FOR EXAM PAPER LEAKAGE
ELECTRONIC PROTECTION FOR EXAM PAPER LEAKAGE
 
Seminar report on image sensor
Seminar report on image sensorSeminar report on image sensor
Seminar report on image sensor
 
EA - Enterprise Integration Introduction
EA - Enterprise Integration IntroductionEA - Enterprise Integration Introduction
EA - Enterprise Integration Introduction
 
Fingerprintattendancesystem 131016052949-phpapp01
Fingerprintattendancesystem 131016052949-phpapp01Fingerprintattendancesystem 131016052949-phpapp01
Fingerprintattendancesystem 131016052949-phpapp01
 
The Modern ERP Landscape
The Modern ERP LandscapeThe Modern ERP Landscape
The Modern ERP Landscape
 
Order management, provisioning and activation
Order management, provisioning and activationOrder management, provisioning and activation
Order management, provisioning and activation
 
Insurance new business process diagram
Insurance new business process diagramInsurance new business process diagram
Insurance new business process diagram
 
Microelectronics pill
Microelectronics pillMicroelectronics pill
Microelectronics pill
 
Top P&C Insurance Trends 2022
Top P&C Insurance Trends 2022Top P&C Insurance Trends 2022
Top P&C Insurance Trends 2022
 
The Digital Insurer Award - FWD (data AI)
The Digital Insurer Award - FWD (data AI)The Digital Insurer Award - FWD (data AI)
The Digital Insurer Award - FWD (data AI)
 

Similar to Foundry Digital Business Research 2021

2023 Digital Business sample slides.pdf
2023 Digital Business sample slides.pdf2023 Digital Business sample slides.pdf
2023 Digital Business sample slides.pdf
IDG
 
Stateofthe cio 2022 sample slides
Stateofthe cio 2022 sample slides Stateofthe cio 2022 sample slides
Stateofthe cio 2022 sample slides
IDG
 
Stateofthe cio 2022 new sample slides
Stateofthe cio 2022 new sample slidesStateofthe cio 2022 new sample slides
Stateofthe cio 2022 new sample slides
IDG
 
Stateofthe cio 2022 sample slides
Stateofthe cio 2022 sample slides Stateofthe cio 2022 sample slides
Stateofthe cio 2022 sample slides
IDG
 
Digital Business 2018
Digital Business 2018Digital Business 2018
Digital Business 2018
IDG
 
Data & Analytics Sample Slides_NEW.pdf
Data & Analytics Sample Slides_NEW.pdfData & Analytics Sample Slides_NEW.pdf
Data & Analytics Sample Slides_NEW.pdf
IDG
 
IDC: The Next Steps in Digital Transformation
IDC: The Next Steps in Digital TransformationIDC: The Next Steps in Digital Transformation
IDC: The Next Steps in Digital Transformation
SOA PEOPLE
 
Econsultancy, in association with Adobe - Digital Trends
Econsultancy, in association with Adobe - Digital TrendsEconsultancy, in association with Adobe - Digital Trends
Econsultancy, in association with Adobe - Digital Trends
Sean Donnelly BA MSc QFA
 
CIO COVID-19 Impact Survey, Sample Slides
CIO COVID-19 Impact Survey, Sample SlidesCIO COVID-19 Impact Survey, Sample Slides
CIO COVID-19 Impact Survey, Sample Slides
IDG
 
CIO CV-19 Impact Study
CIO CV-19 Impact StudyCIO CV-19 Impact Study
CIO CV-19 Impact Study
IDG
 
TCS 2021 Global Leadership Study: Key Findings Report
TCS 2021 Global Leadership Study: Key Findings ReportTCS 2021 Global Leadership Study: Key Findings Report
TCS 2021 Global Leadership Study: Key Findings Report
Tata Consultancy Services
 
2019 Intelligent Technology Index
2019 Intelligent Technology Index 2019 Intelligent Technology Index
2019 Intelligent Technology Index
Insight
 
New Horizons - 2019 State of IT Training Report
New Horizons - 2019 State of IT Training ReportNew Horizons - 2019 State of IT Training Report
New Horizons - 2019 State of IT Training Report
Tynan Fischer
 
From Defender to an Attacker, Lari Hämäläinen, Managing Partner, McKinsey Dig...
From Defender to an Attacker, Lari Hämäläinen, Managing Partner, McKinsey Dig...From Defender to an Attacker, Lari Hämäläinen, Managing Partner, McKinsey Dig...
From Defender to an Attacker, Lari Hämäläinen, Managing Partner, McKinsey Dig...
Salesforce Finland
 
State of the CIO Research 2023_NEW SAMPLE SLIDES.pptx
State of the CIO Research 2023_NEW SAMPLE SLIDES.pptxState of the CIO Research 2023_NEW SAMPLE SLIDES.pptx
State of the CIO Research 2023_NEW SAMPLE SLIDES.pptx
IDG
 
State of the CIO Research 2023_NEW SAMPLE SLIDES.pdf
State of the CIO Research 2023_NEW SAMPLE SLIDES.pdfState of the CIO Research 2023_NEW SAMPLE SLIDES.pdf
State of the CIO Research 2023_NEW SAMPLE SLIDES.pdf
IDG
 
Dealing in a digital world - strategies to future-proof your business
Dealing in a digital world - strategies to future-proof your businessDealing in a digital world - strategies to future-proof your business
Dealing in a digital world - strategies to future-proof your business
EY
 
2018 IDG Customer Engagement Study
2018 IDG Customer Engagement Study2018 IDG Customer Engagement Study
2018 IDG Customer Engagement Study
IDG
 
Digital Transformation Trends for 2020
Digital Transformation Trends for 2020Digital Transformation Trends for 2020
Digital Transformation Trends for 2020
Marianne Harness
 
The Digital Transformation Journey
The Digital Transformation JourneyThe Digital Transformation Journey
The Digital Transformation Journey
Insight
 

Similar to Foundry Digital Business Research 2021 (20)

2023 Digital Business sample slides.pdf
2023 Digital Business sample slides.pdf2023 Digital Business sample slides.pdf
2023 Digital Business sample slides.pdf
 
Stateofthe cio 2022 sample slides
Stateofthe cio 2022 sample slides Stateofthe cio 2022 sample slides
Stateofthe cio 2022 sample slides
 
Stateofthe cio 2022 new sample slides
Stateofthe cio 2022 new sample slidesStateofthe cio 2022 new sample slides
Stateofthe cio 2022 new sample slides
 
Stateofthe cio 2022 sample slides
Stateofthe cio 2022 sample slides Stateofthe cio 2022 sample slides
Stateofthe cio 2022 sample slides
 
Digital Business 2018
Digital Business 2018Digital Business 2018
Digital Business 2018
 
Data & Analytics Sample Slides_NEW.pdf
Data & Analytics Sample Slides_NEW.pdfData & Analytics Sample Slides_NEW.pdf
Data & Analytics Sample Slides_NEW.pdf
 
IDC: The Next Steps in Digital Transformation
IDC: The Next Steps in Digital TransformationIDC: The Next Steps in Digital Transformation
IDC: The Next Steps in Digital Transformation
 
Econsultancy, in association with Adobe - Digital Trends
Econsultancy, in association with Adobe - Digital TrendsEconsultancy, in association with Adobe - Digital Trends
Econsultancy, in association with Adobe - Digital Trends
 
CIO COVID-19 Impact Survey, Sample Slides
CIO COVID-19 Impact Survey, Sample SlidesCIO COVID-19 Impact Survey, Sample Slides
CIO COVID-19 Impact Survey, Sample Slides
 
CIO CV-19 Impact Study
CIO CV-19 Impact StudyCIO CV-19 Impact Study
CIO CV-19 Impact Study
 
TCS 2021 Global Leadership Study: Key Findings Report
TCS 2021 Global Leadership Study: Key Findings ReportTCS 2021 Global Leadership Study: Key Findings Report
TCS 2021 Global Leadership Study: Key Findings Report
 
2019 Intelligent Technology Index
2019 Intelligent Technology Index 2019 Intelligent Technology Index
2019 Intelligent Technology Index
 
New Horizons - 2019 State of IT Training Report
New Horizons - 2019 State of IT Training ReportNew Horizons - 2019 State of IT Training Report
New Horizons - 2019 State of IT Training Report
 
From Defender to an Attacker, Lari Hämäläinen, Managing Partner, McKinsey Dig...
From Defender to an Attacker, Lari Hämäläinen, Managing Partner, McKinsey Dig...From Defender to an Attacker, Lari Hämäläinen, Managing Partner, McKinsey Dig...
From Defender to an Attacker, Lari Hämäläinen, Managing Partner, McKinsey Dig...
 
State of the CIO Research 2023_NEW SAMPLE SLIDES.pptx
State of the CIO Research 2023_NEW SAMPLE SLIDES.pptxState of the CIO Research 2023_NEW SAMPLE SLIDES.pptx
State of the CIO Research 2023_NEW SAMPLE SLIDES.pptx
 
State of the CIO Research 2023_NEW SAMPLE SLIDES.pdf
State of the CIO Research 2023_NEW SAMPLE SLIDES.pdfState of the CIO Research 2023_NEW SAMPLE SLIDES.pdf
State of the CIO Research 2023_NEW SAMPLE SLIDES.pdf
 
Dealing in a digital world - strategies to future-proof your business
Dealing in a digital world - strategies to future-proof your businessDealing in a digital world - strategies to future-proof your business
Dealing in a digital world - strategies to future-proof your business
 
2018 IDG Customer Engagement Study
2018 IDG Customer Engagement Study2018 IDG Customer Engagement Study
2018 IDG Customer Engagement Study
 
Digital Transformation Trends for 2020
Digital Transformation Trends for 2020Digital Transformation Trends for 2020
Digital Transformation Trends for 2020
 
The Digital Transformation Journey
The Digital Transformation JourneyThe Digital Transformation Journey
The Digital Transformation Journey
 

More from IDG

Security Priorities Sample Slides 2023.pdf
Security Priorities Sample Slides 2023.pdfSecurity Priorities Sample Slides 2023.pdf
Security Priorities Sample Slides 2023.pdf
IDG
 
Security Priorities Sample Slides 2023.pdf
Security Priorities Sample Slides 2023.pdfSecurity Priorities Sample Slides 2023.pdf
Security Priorities Sample Slides 2023.pdf
IDG
 
Role and Influence Sample Slides 2023.pdf
Role and Influence Sample Slides 2023.pdfRole and Influence Sample Slides 2023.pdf
Role and Influence Sample Slides 2023.pdf
IDG
 
CIO Tech Priorities 2023_Sample Slides.pdf
CIO Tech Priorities 2023_Sample Slides.pdfCIO Tech Priorities 2023_Sample Slides.pdf
CIO Tech Priorities 2023_Sample Slides.pdf
IDG
 
State of the CIO 2023 Sample Slides.pdf
State of the CIO 2023 Sample Slides.pdfState of the CIO 2023 Sample Slides.pdf
State of the CIO 2023 Sample Slides.pdf
IDG
 
R_IF_Security Purchase Process.pdf
R_IF_Security Purchase Process.pdfR_IF_Security Purchase Process.pdf
R_IF_Security Purchase Process.pdf
IDG
 
Foundry Customer Engagement Study 2022
Foundry Customer Engagement Study 2022Foundry Customer Engagement Study 2022
Foundry Customer Engagement Study 2022
IDG
 
R-PPT_ABM Benchmarking_2022_sample slides.pdf
R-PPT_ABM Benchmarking_2022_sample slides.pdfR-PPT_ABM Benchmarking_2022_sample slides.pdf
R-PPT_ABM Benchmarking_2022_sample slides.pdf
IDG
 
Foundry Partner Marketing Study 2022
Foundry Partner Marketing Study 2022Foundry Partner Marketing Study 2022
Foundry Partner Marketing Study 2022
IDG
 
Security Priorities 2022 Sample Slides.pdf
Security Priorities 2022 Sample Slides.pdfSecurity Priorities 2022 Sample Slides.pdf
Security Priorities 2022 Sample Slides.pdf
IDG
 
R_IF_DataAnalytics22_070822.pdf
R_IF_DataAnalytics22_070822.pdfR_IF_DataAnalytics22_070822.pdf
R_IF_DataAnalytics22_070822.pdf
IDG
 
Foundry Future of Work Study 2022
Foundry Future of Work Study 2022Foundry Future of Work Study 2022
Foundry Future of Work Study 2022
IDG
 
NEW_Security Priorities 2021_Sample Slides.pdf
NEW_Security Priorities 2021_Sample Slides.pdfNEW_Security Priorities 2021_Sample Slides.pdf
NEW_Security Priorities 2021_Sample Slides.pdf
IDG
 
R if security_priorities_03.08.22
R if security_priorities_03.08.22R if security_priorities_03.08.22
R if security_priorities_03.08.22
IDG
 
R if data_analytics_03.08.22
R if data_analytics_03.08.22R if data_analytics_03.08.22
R if data_analytics_03.08.22
IDG
 
Foundry Partner Marketing Research 2020
Foundry Partner Marketing Research 2020Foundry Partner Marketing Research 2020
Foundry Partner Marketing Research 2020
IDG
 
Foundry Data & Analytics Study 2021
Foundry Data & Analytics Study 2021Foundry Data & Analytics Study 2021
Foundry Data & Analytics Study 2021
IDG
 
Foundry Role & Influence of the Technology Decision-Maker Research 2022
Foundry Role & Influence of the Technology Decision-Maker Research 2022Foundry Role & Influence of the Technology Decision-Maker Research 2022
Foundry Role & Influence of the Technology Decision-Maker Research 2022
IDG
 
Foundry Customer Engagement Study 2021
Foundry Customer Engagement Study 2021Foundry Customer Engagement Study 2021
Foundry Customer Engagement Study 2021
IDG
 
Data Analytics is Driving The Business Forward
Data Analytics is Driving The Business ForwardData Analytics is Driving The Business Forward
Data Analytics is Driving The Business Forward
IDG
 

More from IDG (20)

Security Priorities Sample Slides 2023.pdf
Security Priorities Sample Slides 2023.pdfSecurity Priorities Sample Slides 2023.pdf
Security Priorities Sample Slides 2023.pdf
 
Security Priorities Sample Slides 2023.pdf
Security Priorities Sample Slides 2023.pdfSecurity Priorities Sample Slides 2023.pdf
Security Priorities Sample Slides 2023.pdf
 
Role and Influence Sample Slides 2023.pdf
Role and Influence Sample Slides 2023.pdfRole and Influence Sample Slides 2023.pdf
Role and Influence Sample Slides 2023.pdf
 
CIO Tech Priorities 2023_Sample Slides.pdf
CIO Tech Priorities 2023_Sample Slides.pdfCIO Tech Priorities 2023_Sample Slides.pdf
CIO Tech Priorities 2023_Sample Slides.pdf
 
State of the CIO 2023 Sample Slides.pdf
State of the CIO 2023 Sample Slides.pdfState of the CIO 2023 Sample Slides.pdf
State of the CIO 2023 Sample Slides.pdf
 
R_IF_Security Purchase Process.pdf
R_IF_Security Purchase Process.pdfR_IF_Security Purchase Process.pdf
R_IF_Security Purchase Process.pdf
 
Foundry Customer Engagement Study 2022
Foundry Customer Engagement Study 2022Foundry Customer Engagement Study 2022
Foundry Customer Engagement Study 2022
 
R-PPT_ABM Benchmarking_2022_sample slides.pdf
R-PPT_ABM Benchmarking_2022_sample slides.pdfR-PPT_ABM Benchmarking_2022_sample slides.pdf
R-PPT_ABM Benchmarking_2022_sample slides.pdf
 
Foundry Partner Marketing Study 2022
Foundry Partner Marketing Study 2022Foundry Partner Marketing Study 2022
Foundry Partner Marketing Study 2022
 
Security Priorities 2022 Sample Slides.pdf
Security Priorities 2022 Sample Slides.pdfSecurity Priorities 2022 Sample Slides.pdf
Security Priorities 2022 Sample Slides.pdf
 
R_IF_DataAnalytics22_070822.pdf
R_IF_DataAnalytics22_070822.pdfR_IF_DataAnalytics22_070822.pdf
R_IF_DataAnalytics22_070822.pdf
 
Foundry Future of Work Study 2022
Foundry Future of Work Study 2022Foundry Future of Work Study 2022
Foundry Future of Work Study 2022
 
NEW_Security Priorities 2021_Sample Slides.pdf
NEW_Security Priorities 2021_Sample Slides.pdfNEW_Security Priorities 2021_Sample Slides.pdf
NEW_Security Priorities 2021_Sample Slides.pdf
 
R if security_priorities_03.08.22
R if security_priorities_03.08.22R if security_priorities_03.08.22
R if security_priorities_03.08.22
 
R if data_analytics_03.08.22
R if data_analytics_03.08.22R if data_analytics_03.08.22
R if data_analytics_03.08.22
 
Foundry Partner Marketing Research 2020
Foundry Partner Marketing Research 2020Foundry Partner Marketing Research 2020
Foundry Partner Marketing Research 2020
 
Foundry Data & Analytics Study 2021
Foundry Data & Analytics Study 2021Foundry Data & Analytics Study 2021
Foundry Data & Analytics Study 2021
 
Foundry Role & Influence of the Technology Decision-Maker Research 2022
Foundry Role & Influence of the Technology Decision-Maker Research 2022Foundry Role & Influence of the Technology Decision-Maker Research 2022
Foundry Role & Influence of the Technology Decision-Maker Research 2022
 
Foundry Customer Engagement Study 2021
Foundry Customer Engagement Study 2021Foundry Customer Engagement Study 2021
Foundry Customer Engagement Study 2021
 
Data Analytics is Driving The Business Forward
Data Analytics is Driving The Business ForwardData Analytics is Driving The Business Forward
Data Analytics is Driving The Business Forward
 

Recently uploaded

FIDO Alliance Osaka Seminar: Overview.pdf
FIDO Alliance Osaka Seminar: Overview.pdfFIDO Alliance Osaka Seminar: Overview.pdf
FIDO Alliance Osaka Seminar: Overview.pdf
FIDO Alliance
 
How world-class product teams are winning in the AI era by CEO and Founder, P...
How world-class product teams are winning in the AI era by CEO and Founder, P...How world-class product teams are winning in the AI era by CEO and Founder, P...
How world-class product teams are winning in the AI era by CEO and Founder, P...
Product School
 
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdfFIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance
 
"Impact of front-end architecture on development cost", Viktor Turskyi
"Impact of front-end architecture on development cost", Viktor Turskyi"Impact of front-end architecture on development cost", Viktor Turskyi
"Impact of front-end architecture on development cost", Viktor Turskyi
Fwdays
 
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMsTo Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
Paul Groth
 
PHP Frameworks: I want to break free (IPC Berlin 2024)
PHP Frameworks: I want to break free (IPC Berlin 2024)PHP Frameworks: I want to break free (IPC Berlin 2024)
PHP Frameworks: I want to break free (IPC Berlin 2024)
Ralf Eggert
 
Accelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish CachingAccelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish Caching
Thijs Feryn
 
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
James Anderson
 
GraphRAG is All You need? LLM & Knowledge Graph
GraphRAG is All You need? LLM & Knowledge GraphGraphRAG is All You need? LLM & Knowledge Graph
GraphRAG is All You need? LLM & Knowledge Graph
Guy Korland
 
ODC, Data Fabric and Architecture User Group
ODC, Data Fabric and Architecture User GroupODC, Data Fabric and Architecture User Group
ODC, Data Fabric and Architecture User Group
CatarinaPereira64715
 
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdfFIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance
 
Leading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdfLeading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdf
OnBoard
 
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Tobias Schneck
 
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 previewState of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
Prayukth K V
 
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
Sri Ambati
 
From Siloed Products to Connected Ecosystem: Building a Sustainable and Scala...
From Siloed Products to Connected Ecosystem: Building a Sustainable and Scala...From Siloed Products to Connected Ecosystem: Building a Sustainable and Scala...
From Siloed Products to Connected Ecosystem: Building a Sustainable and Scala...
Product School
 
When stars align: studies in data quality, knowledge graphs, and machine lear...
When stars align: studies in data quality, knowledge graphs, and machine lear...When stars align: studies in data quality, knowledge graphs, and machine lear...
When stars align: studies in data quality, knowledge graphs, and machine lear...
Elena Simperl
 
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualitySoftware Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Inflectra
 
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
UiPathCommunity
 
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Product School
 

Recently uploaded (20)

FIDO Alliance Osaka Seminar: Overview.pdf
FIDO Alliance Osaka Seminar: Overview.pdfFIDO Alliance Osaka Seminar: Overview.pdf
FIDO Alliance Osaka Seminar: Overview.pdf
 
How world-class product teams are winning in the AI era by CEO and Founder, P...
How world-class product teams are winning in the AI era by CEO and Founder, P...How world-class product teams are winning in the AI era by CEO and Founder, P...
How world-class product teams are winning in the AI era by CEO and Founder, P...
 
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdfFIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
FIDO Alliance Osaka Seminar: The WebAuthn API and Discoverable Credentials.pdf
 
"Impact of front-end architecture on development cost", Viktor Turskyi
"Impact of front-end architecture on development cost", Viktor Turskyi"Impact of front-end architecture on development cost", Viktor Turskyi
"Impact of front-end architecture on development cost", Viktor Turskyi
 
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMsTo Graph or Not to Graph Knowledge Graph Architectures and LLMs
To Graph or Not to Graph Knowledge Graph Architectures and LLMs
 
PHP Frameworks: I want to break free (IPC Berlin 2024)
PHP Frameworks: I want to break free (IPC Berlin 2024)PHP Frameworks: I want to break free (IPC Berlin 2024)
PHP Frameworks: I want to break free (IPC Berlin 2024)
 
Accelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish CachingAccelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish Caching
 
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
 
GraphRAG is All You need? LLM & Knowledge Graph
GraphRAG is All You need? LLM & Knowledge GraphGraphRAG is All You need? LLM & Knowledge Graph
GraphRAG is All You need? LLM & Knowledge Graph
 
ODC, Data Fabric and Architecture User Group
ODC, Data Fabric and Architecture User GroupODC, Data Fabric and Architecture User Group
ODC, Data Fabric and Architecture User Group
 
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdfFIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
FIDO Alliance Osaka Seminar: FIDO Security Aspects.pdf
 
Leading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdfLeading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdf
 
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
 
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 previewState of ICS and IoT Cyber Threat Landscape Report 2024 preview
State of ICS and IoT Cyber Threat Landscape Report 2024 preview
 
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
GenAISummit 2024 May 28 Sri Ambati Keynote: AGI Belongs to The Community in O...
 
From Siloed Products to Connected Ecosystem: Building a Sustainable and Scala...
From Siloed Products to Connected Ecosystem: Building a Sustainable and Scala...From Siloed Products to Connected Ecosystem: Building a Sustainable and Scala...
From Siloed Products to Connected Ecosystem: Building a Sustainable and Scala...
 
When stars align: studies in data quality, knowledge graphs, and machine lear...
When stars align: studies in data quality, knowledge graphs, and machine lear...When stars align: studies in data quality, knowledge graphs, and machine lear...
When stars align: studies in data quality, knowledge graphs, and machine lear...
 
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualitySoftware Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
 
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
 
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
Unsubscribed: Combat Subscription Fatigue With a Membership Mentality by Head...
 

Foundry Digital Business Research 2021

  • 1. Digital Business Study 2021 Insight into organizations’ progress towards becoming a digital-first business
  • 2. 2 Source: Foundry Digital Business Study, 2021 Purpose and methodology Survey goal To gain a better understanding of how companies are evolving their businesses through the use of technology to drive revenue and create better customer and employee experiences. Total respondents 607 Collection method Online questionnaire Number of questions 27 Average company size 14,247 employees Region North America 49% APAC 27% EMEA 24% Audience base CIO, Computerworld, CSO, InfoWorldand Network World site visitors,and email invitations to audience base Digital first approach All survey respondents are within organizations that have plans to adopt/or already launched a “digital-first” approach 7% 7% 8% 8% 8% 9% 9% 13% 16% Retail, wholesale, distribution Telecommunications & utilities Healthcare Government/nonprofit Education Services (legal, consulting, real estate) Financial services (banking, insurance, brokerage) Manufacturing Technology Job titles Top represented industries IT mgmt. Exec. IT Business mgmt. IT pro Other 61% 11% 11% 11% 6%
  • 3. 2019 #2 #4 #3 #1 #5 #7 #8 #6 #10 #9 3 “Digital business” meanings slightly shift Question: What does “digital business”mean to your organization? Source: Foundry Digital Business Study, 2021 49% 43% 42% 40% 39% 36% 35% 32% 30% 28% Enable worker productivity (mobile apps, data access, AI-assisted automation) Increase understanding of customer needs through data collection and analysis Better manage business performance through data availability and visibility Meet customer experience expectations (through personalization, enhanced customer touchpoints, etc.) Digitally modify business and/or processes Improve employee engagement (smart workforces, collaboration tools, etc.) Develop new digital business/revenue streams Provide secure, optimized anywhere/anytimes access to assets Digital globalization (the flow of data and information which enables the movement of goods, services, finance, and people worldwide) Achieve top-line growth through digital product enhancements or new digitally or data-driven products and services
  • 4. 4 Organizations have made digital-first plans Question: To what extent has your organization adopted a “digital first” approach to business processes, operations and customer engagement today? Source: Foundry Digital Business Study, 2021 96% 94% 93% 91% 90% 88% 84% 82% Healthcare Manufacturing Technology Financial services Retail Services Government Education 91% of organizations have adopted, or have plans to adopt, a “digital-first” business strategy By industry 1,000+ 96% <1,000 86%
  • 5. 5 Working towards employee productivity & business agility Question: What are the top objectives of your organization’s digital business strategy? Source: Foundry Digital Business Study, 2021 13% 18% 24% 25% 28% 29% 31% 34% 38% 38% 42% 43% 44% Improve staff retention rates and team morale Maintain overall revenue, given market shifts Staying ahead/on pace with competition Reduce complexity Improve employee engagement/collaboration Keep up with customer expectations Enable sustainable growth Improve security Reduce costs/inefficiencies Drive new revenue through innovation Create better customer experience Enable business agility/resiliency Improve employee productivity/performance Up from #8 in 2019
  • 6. 6 Strategies in place to become a digital business Question: How much progress has your organization made in each of the following areas on its way to becoming a digital business? Source: Foundry Digital Business Study, 2021 25% 28% 24% 26% 25% 22% 22% 27% 19% 32% 40% 44% 41% 40% 50% 42% 42% 47% 19% 17% 18% 19% 23% 16% 24% 20% 25% 24% 15% 14% 14% 12% 12% 11% 10% 9% Persona development Determining the metrics of success Change management Workforce strategy (determining roles/ responsibilities) IT skills assessment Data management strategy Technology needs assessment Developing a business case/roadmap for the overall digital strategy Data security/protection strategy Planning In progress Completed No plans
  • 7. 7 Current challenges associated with digital business success Question: What are your biggest challenges today in achieving success with digital business initiatives? (Today) Source: Foundry Digital Business Study, 2021 7% 8% 10% 11% 16% 17% 18% 18% 18% 21% 22% 23% 23% 26% 31% 32% Lack of ownership within IT Agile competitors API development & deployment Lack of customer insights Organizational issues such as poorly defined roles and responsibilities Inability to act on data Data collection/management/analysis Lack of corporate vision and/or buy-in Cultural issues Lack of staff and/or correct skill sets Lack of integration of legacy systems with new applications Business and IT strategy are not well aligned Need to replace legacy systems Complexity of IT infrastructure Lack of a sufficient budget Too many competing priorities
  • 8. 8 Investing more in AI & analytics Question: Looking out over the next 12 months, which of the following strategies or technologies do you anticipate investing more dollars in to become a digital business? Source: Foundry Digital Business Study, 2021; Foundry Data & Analytics Study, 2021 18% 18% 18% 18% 19% 21% 22% 30% 30% 32% 34% 38% DevOps Robotic process automation (RPA) Internet of Things (IoT) Business process management Mobile apps APIs/embeddable Microservices/containers Private cloud Multi-cloud Public cloud Big data/analytics Artificial Intelligence (AI)/machine learning (ML) 61% of ITDMs agree that the pandemic accelerated their organization’s data-driven strategy
  • 9. 9 Continue the conversation ● To get results from Foundry research when it happens, or any other news, follow us on Twitter: @Foundry_IDG ● Sign up to receive our monthly marketing newsletter at www.FoundryCo.com/newsletters/ ● Visit us on LinkedIn here: www.linkedin.com/company/international-data-group--idg- Additional ways to stay on top of information from Foundry: To receive a briefing on the full results from this study, or for more information, please contact your Foundry sales executive or contact us. For more information on content marketing and lead nurture, explore our resources on this site under marketing tools. We have additional primary research, blogs and white papers to make you smarter about tech decision makers, and targeted products and programs to help you reach them!