Digital Transformation Projects Accelerate

Digital transformation (DX) was already a hot topic in boardrooms before the pandemic hit in 2020, with IDC predicting that it would account for more than 50% of all IT spending by 2023.  What many IT executives learned last year, however, is that the gaps to fill in order to evolve were greater than expected, and those who had previously prioritized DX were able to adapt more quickly to evolving market conditions. As a result, our own primary research is indicating that organizations are prioritizing a kick-off of new DX initiatives now, and that many others are accelerating investments they had already planned for 2022 and beyond, so they can help their enterprise run and transform at the same time as soon as possible.  Specific areas of investment are expected to be in security and the better use of AI/machine learning – as cyber resilience and deriving insights from data have been elevated to critical path for organizations expecting to compete in the new economy.

For more information visit https://www.eletimes.com/2021-technology-predictions