Digital Transformation Is Tougher Than You Think. Here’s What Can Help.
This review of a recent survey from MuleSoft shows just how challenging digital transformation can be.
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How hard is it to digitally transform an enterprise? A lot harder than you might imagine. That’s the message delivered by a recent survey, the “MuleSoft Connectivity Benchmark Report 2018.” MuleSoft surveyed 650 IT decision makers around the world and found how important they believe digital transformation is. The report also highlights how difficult it has been for them to digitally transform their enterprises and far they are from achieving their goals.
The report starts out warning, “To put it bluntly, those organizations that fail to digitally transform will start to lose revenue, and fast…But for many organizations, there are still huge barriers to digital transformation like integration, lack of resources, and misalignment between IT and the rest of the business.”
The survey backs those statements up with its findings. Seventy-four percent of those surveyed say they are now carrying out digital transformation initiatives, and twenty-three percent say they will do so in the next three years. They know the stakes are high: eighty percent of them say if the initiatives aren’t successful, it will negatively impact their revenue this year.
But despite those high stakes, IT decision makers say they’re falling short of where they need to be. Two-thirds of them admit they couldn’t deliver all of the projects they were asked to do last year. And things only appear to be getting worse, because they’re being asked to deliver even more. On average, they are being requested to deliver twenty-seven percent more projects, even though they can’t keep up with their current requests.
There’s a good reason they’re falling behind. Respondents to the survey say their departments spend sixty-three percent of their time just keeping things running, with the remainder the time devoted to innovation and new development projects.
Making matters worse is their development processes aren’t particularly efficient, with ninety-three percent of respondents admitting that “their application process could be more efficient.” So it should come as no surprise that more than seventy-five percent of them can’t deliver the apps that business users request.
The report’s conclusion sums up IT decision makers’ conundrum this way: “At a time when budgets and resources remain tight, it is clear that the old approach of IT trying to deliver all the projects itself won’t work for the fast pace of change. IT decision makers are telling us that their workloads are increasing, their budgets and resources are only going up slightly, and the pressure is on to complete the digital transformation initiatives that they are now tasked with or else the consequences could be severe.”
How Can Enterprises Speed Up Digital Transformation?
As I’ve pointed out before, mobile technology leads the way to digital transformation. That was particularly made clear at the 2018 Digital Transformation Online Summit titled, “Enterprise Mobility As the Face Of Digital Transformation.”
Published at DZone with permission of Amy Groden-Morrison, DZone MVB. See the original article here.
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