(Image credit: Getty Images) UK organizations are generating less value from their technology investments than those in other countries, according to Deloitte. READ MORE Why is digital transformation important for business growth? A survey of the technology investment strategies of 1,600 global business and technology leaders across six different industries found that three-quarters of UK organizations believe digital transformation is the single most important investment they can make. The report concludes that data analytics (90%), cloud data centers (73%), and artificial intelligence, and machine learning (68%) are the technologies that generate the most value back to an organization. However, UK companies are failing to capitalize on this, with an average eight percentage-point gap in value created by UK organizations using 12 different technologies, compared to the global average. RECOMMENDED VIDEOS FOR YOU… "Technology leaders are under pressure to deliver value and growth for their business. However, implementing and creating value from new technologies, whether that’s a cloud system or a generative AI tool, can face many potential pitfalls," said Mark Lillie, global technology strategy and transformation leader at Deloitte. "While it is acknowledged that these digital capabilities are vital for an organization’s long-term strategy, competitiveness, and commercial success, their […]
UK firms get poor returns from digital transformation
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