Worldwide spending on digital transformation (DX) has accelerated with more than 90% of companies globally having adopted cloud technology in 2023 – the highest adoption rate for any emergent technology at the time. According to McKinsey & Company , approximately 89% of larger organisations have a well-defined digital and AI transformation roadmap. The technology has evolved exponentially, offering companies remarkable potential and return on investment. However, as McKinsey points out, those large companies have only experienced a 31% increase in revenue and seen only 25% of the promised cost savings. This means, says Mandla Mbonambi, CEO of Africonology, that companies need better support to ensure they effectively realise their digital aspirations. “AWS, Microsoft Azure, Salesforce, MuleSoft and artificial intelligence – these are all solutions and technologies designed to help companies embrace digital transformation, but their integration doesn’t always go exactly to plan,” he continues. advertisement It’s an expensive planning failure. According to Bain & Company , 88% of business transformations don’t reach their original goals. It’s a high failure rate for reasons that a Journal of Business Research study says are hard to pin down. The same journal believes failure is critical to success. For Mbonambi, this holds true: […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
