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5 myths about digital transformation

Mary K. Pratt | June 1, 2017
You've heard what digital transformation is. How about what it isn't? Experts bust through myths about digitizing business operations and explain why IT can't do it alone.

In fact, PwC's 2017 Global Digital IQ Survey, released in February, found that, of 2,216 IT and business leaders from 53 countries, only 52% of companies rated their Digital IQ as strong.

That's down from the past two years; 67% rated their Digital IQ as strong in 2016 and 66% the year prior.

PwC, which defines Digital IQ as "an organization's abilities to harness and profit from technology," acknowledges that that's no easy task.

"Enterprises aren't so much falling behind as struggling to keep up with accelerating standards," the report states. "And looking ahead, it is clear most are not ready for what comes next — and after that — as technologies continue to combine and advance, and new ways of doing business go from inception to disruption seemingly overnight."

 

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