(Image credit: Getty Images) According to new research from CI&T, only 7% of businesses are succeeding in meeting or exceeding their digital transformation targets. The findings come from 100 digital business leaders across European enterprises as part of the firm’s , which reveals the key challenges that businesses are facing on their journey to digital. Nevertheless, CI&T alludes to a positive twelve months ahead, with rising budgets making more room for digital transformation. Companies are slow to go digital The study noted that pressure to achieve results is increasing, while pressures to remain operationally and financially efficient are simultaneously on the rise. RECOMMENDED VIDEOS FOR YOU… Tech Radar Pro Fortunately, three in five (59%) businesses said that budgets have increased this year, and a number of organizations have already expressed the expectation that budgets could rise again in 2024. Unsurprisingly, the key to unlocking greater efficiency is artificial intelligence – four in five (80%) respondents expect AI to have a positive impact on their business, and three-quarters (76%) have either already started to use generative AI or will do so in the next 12-18 months. Still, there remain some areas that are in need of an overhaul as part […]