pookpiik via Getty Images Dive Brief: The “right combination” of digital transformation actions can generate up to $1.25 trillion in new value for businesses, while the “wrong combination” can erode that value by up to $1.5 trillion, according to data from a recent Deloitte report . The combination of digital strategy and technology-aligned investments without actual change in an organization can cause up to a 9% value erosion — or a cost of $1.5 trillion to Fortune 500 companies — according to the report, which analyzed more than 4,650 financial disclosures from global organizations. “Very often in the past, digital transformation was started at what I call the frontier of the business. We talk a lot about greenwashing these days, but there is also something called digital washing, and this is when you start transforming, or pretend to transform, at the frontier of your business and not the core,” said Tim Bottke, partner and telecoms, media and entertainment leader at Deloitte Germany, in an interview. Access now➔ Dive Insight: Between artificial intelligence, machine learning, language processing and other cutting-edge technologies, CFOs are scrambling to keep up with the potential gains from digital transformation. Only 34% of Fortune 500 companies […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
