Agility is highly sought-after in today’s business environment. As such, enterprises are now aggressively leveraging the efficiencies brought about by technology to drive their processes. And why not? Digital tools empower future-facing companies to perform better than laggards. A Harvard study shows that “digital leader” organizations enjoy a three-year average gross margin of 55 percent, while laggards only post 37 percent.
The decision on whether or not to go digital has essentially become moot. Instead, organizations now typically face the choice of whether to make either incremental or disruptive changes as part of their digital transformation efforts.
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Source: IT Strategy