Reminders

IT Governance and Executive Strategies

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Welcome to Part 4 of this 5-Part blog series on Digital Transformation (DX). This blog focuses on one of the three strategic priorities for the enterprise – Data Monetization, the leveraging of data to create new digital revenue streams.


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Welcome to Part 3 of this 5-Part blog series on Digital Transformation (DX). Picking up from where Part 2 left off, this blog focuses on one of the three strategic priorities for the digital transformation of the enterprise – Experiential Engagement, the blending of digital and physical in consumer engagement.


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Having a DX strategy in place is perhaps the best thing enterprises can do to help drive business transformation and ensure faith in leadership. But many have not yet made the effort.


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The 3rd Platform, including cloud, mobile, social and big data and analytics in addition to new technologies which IDC calls “Innovation Accelerators”, already accounted for more than 60% of worldwide ICT spending in 2016, and will grow to more than three quarters of industry revenue by 2021. But within that headline statistic, significant regional variations have emerged as 3rd Platform business models develop around the world.


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How to Break Through Digital Deadlock

By Meredith Whalen

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Common assumptions and a shared reality are essential for developing and implementing any strategy. In the case of digital transformation (DX), a shared reality is often elusive. The pace of change has been so rapid that it can be nearly impossible to maintain a clear view of where your company stands in terms of technology development, and thus where it needs to go.


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While IT spending is broadly heading in the right direction this year, thanks to upgrade cycles for cloud and mobile, there’s a lot of underlying activity across vertical industries which makes analysing and identifying opportunities a more complex exercise. In fact, having access to a full view of your target markets by industry and company size should be required reading for any strategic or tactical planning exercise. Only by understanding the direction of IT spending at an industry level can you hope to formulate a complete picture of upside and downside scenarios for both the short and the long term.



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