Seizing The Digital Opportunity
DataQuest
|November 2019
53% of companies openly admit that limited IT resources are significantly slowing down their digital transformation efforts. Here is how an organization tackles this issue
In the present times, many IT teams are becoming dangerously over-stretched and woefully under-resourced. under constant pressure to digitally transform, C-suite executives are demanding more from departments, while providing less budget with which to do it. IT leaders are being tasked with squeezing as much ROI out of their often complex, hybrid environments as much as possible – and it should come as no surprise that for many, it’s not going too well. In fact, recent research shows that 53% of companies openly admit that limited IT resources are significantly slowing down their digital transformation efforts.
The Elusive Dream
While India is chasing its digital dreams with renewed push from the Government along with higher spending on Digital India and Smart Cities initiatives; organizations are adopting next-gen technologies and embarking on a digital transformation journey. According to IDC, the IT and business services market in India will touch USD 14.3 billion by 2020. In order to seize the unparalleled opportunities afforded by digital transformation, businesses must adapt the way they operate. If they don’t, they’ll fail to keep up with the breakneck speeds of the new, fast-growing players: those that are quick, agile, and scale at a blistering pace.
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