Couchbase, a provider of enterprise database platforms, has released the results of its fifth Enterprise Digital Transformation Survey.
The survey of 650 IT* executives worldwide shows that despite the obstacles they have faced over the past two years, companies have made significant progress…
Multiplication of projects and investments
In France, 70% of companies have made significant, transformative or even revolutionary improvements to the end-user experience thanks to digital transformation in the past year, compared to 74% in 2019 and 69% in 2020.
And the prospects are positive – on average, French companies plan to do soIncrease their investments in digital transformation by 49% over the next 12 months.
Cancellations, delays and consequences…
However, the digital transformation of companies is not always a smooth river and they need to be aware of the challenges that this transition brings.
87% of French companies have failed, experienced delays or had to scale back their digital transformation projects last year at an average cost of $3.29 million.
Additionally, 89% of them were unable to continue their efforts due to multiple factors such as: Recourse to existing technologies who do not meet the new digital requirements (29%), lack of skills to complete the project (28%) or lack of financial resources (26%).
The consequences of these failed or incomplete projects go beyond lost investments.
60% of French companies that struggled with their digital transformation projects had to postpone their strategic goals by three months or more, or even reset them entirely.
Other effects: the brain drain to more innovative competitorsbe it in IT (37%) or in other areas of the company (41%), the difficulty of obtaining new financing or go public (41%) and finally Loss of competitive advantage in the market (35%).
“The acceleration of enterprise digital transformation over the past 12 months is undeniable, and the future is bright for more innovation.
Undeniably, we have started to see companies putting projects and ideas into practice that were previously not thought possible.
However, for this to be sustainable, these organizations need to learn from the past two years and be aware of the challenges that remain.
IT teams need enterprise-wide support, the right resources, and the right talent and technology to be successful.
Whether it’s embracing the cloud or making the most of data, companies that know how to embrace new technology and attract the talent of tomorrow are best equipped to thrive. »
explained Hervé Oliny, Senior Solutions Engineering Manager at Couchbase
Lessons from the pandemic
At least 98% of respondents have implemented or considered it Opportunities for digital transformation that they would not have considered at the end of 2019 – from hybrid working (49%) to moving to the cloud (44%) to replacing outdated technologies and processes (37%).
100% of French companies say they have learned from the pandemic: the importance of support Remote work and hybrid work (46%); the need for the Executive Committee to become more involved in the digital transformation (37%), but also to involve the company more globally in this transformation (33%).
Working methods have changed
92% of French respondents say their digital transformation goals have changed significantly in the last two years.
95% accelerated their strategies Application Modernization91% have changed the way they budget for digital transformation and 92% say these are digital transformation projects in the last two years constant changes in the way their company works.
End users are the focus
82% of French people surveyed indicated that their digital transition projects are more motivated by changing user behavioronly by creating new business opportunities.
“It’s an exciting time for IT – we’ve entered a time of extreme creativity as organizations move from digital transformation driven by response to external events such as the pandemic or competitive advances to a more proactive approach that… of ideas from members of the company itself and its customers .
For this creativity to be successful, it must be driven from the top, and every department of the organization must play its part, including IT. The digital transformation should not only be aligned to strategic goals.
It must be everyone’s responsibility: by learning from the past two years, we can continue to improve everyone’s daily life through innovation. »
closes Herve Oliny
Methodology:
*An online survey conducted February-April 2022 by Vanson Bourne, an independent market research firm, of 650 digital transformation leaders, such as CIOs, CDOs and CTOs, in organizations with 1,000 or more employees in the US, UK, France, Germany, Spain, Italy, Turkey and Israel – including 100 respondents in France.
