Posted On: May 22, 2020
Topic: Digital Transformation
Digital transformation (DX) is not a new initiative. In fact, Forbes states that 70% of companies had a DX initiative in place at the onset of the pandemic but weren’t far enough along to make the crisis a non-issue. As a result of the past couple months where digital has become central to every interaction, DX is back in the forefront for IT leaders.
Microsoft CEO Satya Nadella recently summed it up this way, “As COVID-19 impacts every aspect of our work in life, we have seen two years’ worth of digital transformation in two months.” And while it may be in our nature to put on the brakes and proceed with caution in fear of an uncertain future, now’s the time to speed up DX initiatives.
There are a few big drivers in the need to rapidly transform:
Yet driving transformative change in a time where many are seeing reduced budgets and shifting to startup mode can be challenging. A recent survey of CFOs polled by PwC reported that 67% of CFOs say they are prepared to reduce costs to counteract the financial impact of the COVID-19 pandemic. On the flip side though, 68% of these CFOs say that crisis-driven transitions to remote work will make their company better in the long run. Overall though, worldwide IT spending is now projected to decline by 2.7% in 2020 as a result of the recent crisis, IDC estimates.
The analysts are telling us what we already know – times are hard, and it’s probably not going to get any better for a while. But all the more reason to speed up the pace of DX. So, given the absolute necessity for transformation at an accelerated rate, what should you be prioritizing?
DX is a journey comprised of incremental projects, both big and small, and with many team members. For success, you need to rely on the insights, opinions, requests and recommendations of in-house IT professionals, trusted external advisors and people in the organization who the project will directly affect. As you assemble your team, know you have a partner in OneNeck who can help. Whether it’s a large cloud migration project or just a simple rack and stack, our team of experts is ready and willing to help.
Keep Moving Forward. We Got Your Back.
Interested in learning more? Check out these DIGITAL TRANSFORMATION RESOURCES, including a free DX presentation template.
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