Digital transformation: The term has been around for years but its meaning often remains vague and largely undefined, even for IT decision-makers.
As a result, in 2021, an estimated $700 billion in digital transformation spending fell short of delivering the desired results. Common reasons include an overwhelming number of applications in an organization’s tech stack, a lack of technical knowledge to deploy new solutions, and resistance from employees to adopt new digital technologies.
Source: https://enterprisersproject.com/article/2022/3/digital-transformation-3-key-focus-areas-2022
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