April 20th, 2017 by Sam Del Rowe

Just five percent of large companies are on track with IT transformation, according to a study conducted by Enterprise Strategy Group on behalf of Dell EMC.

95 percent of survey respondents reported that their organizations are at risk of falling behind when it comes to transforming their IT infrastructures, processes, and delivery methods to achieve their goals of becoming digital businesses. More specifically, many organizations still measure application cycle times in months or years and rely on siloed infrastructures and legacy architectures.

Businesses realize the importance of digital transformation to continued success, with the majority—71 percent—agreeing that IT transformation is essential to maintaining ongoing business competitiveness. Furthermore, 85 percent of companies that have succeeded at IT transformation reported that they are in a “strong” or “very strong” position to compete and succeed in their market over the next few years.

“These findings mirror how the vast majority of customers are telling us they need to optimize their existing infrastructures to take advantage of digital-age opportunities,” David Goulden, president of Dell EMC, said in a statement. “However, the research shows that most respondents are falling behind a small and elite set of competitors who have cracked the IT Transformation code, and they’re competing more vigorously because of it. As organizations progress in their IT Transformation investments, they can overcome the conflict between legacy IT and digital business initiatives to realize their goals, speed time to market and increase competitiveness.”

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