How Digital Transformations Make IT Profitable
Digitally transformed organizations have an edge when it comes to completing IT projects ahead of schedule and under budget, and they’re leaders in innovation.
85% of the senior IT leaders at companies considered digitally transformed said their organization is in a strong or very strong position to compete and succeed in their market for the next few years, compared to only 43% of those at legacy organizations who made that claim.
51% of those at transformed organizations—but just 12% of those at legacy companies—said their IT department is making excellent progress in automating manual technology processes and tasks.
47% of those at transformed companies¬—but only 7% of those at legacy organizations—said they are making excellent progress toward running IT as a profit center.
34% of those at transformed organizations said their IT projects are completed ahead of schedule, compared to just 11% of those at legacy companies who said this.
25% of those at transformed companies said they complete IT projects under budget, but just 15% of those at legacy organizations said they meet that goal.
The transformed organizations surveyed designate an average of 46% of their IT spend for new projects and initiatives, but the legacy companies spend only 34% on average.
49% of those at transformed companies—but only 28% of those at legacy organizations—said their IT department is viewed internally as a valued service provider.
21% of those at transformed organizations said their IT initiatives are viewed as competitive differentiators, while just 3% of those at legacy companies made that claim.