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Recent research is beginning to offer a clearer picture of what a post-pandemic world might look like, confirming what many might expect. Entire sectors of the economy and social life are being transformed virtually overnight, unleashing a new set of expectations from technology service providers.
A new Harvard Business School survey found that more than half of workers who have worked remotely since the pandemic began would prefer to continue that arrangement permanently in a hybrid office/home model.
Another survey conducted by the EdWeek Research Center documented a significant increase of interest among students in healthcare jobs and opportunities in IT. And a study released by the McKinsey Global Institute finds that online grocery shopping and virtual healthcare appointments will continue to rise even as the pandemic recedes.
The path toward digital modernization is not an easy one, as many enterprises are discovering.
While events of 2020 forced numerous businesses to accelerate plans for transforming IT infrastructure, the process did not always yield the desired outcomes. In fact, research over the past two years has revealed that 70% of digital transformation initiatives fall short of meeting objectives.
This hasn’t deterred senior executives, however, as the research also shows that 80% of them plan to move full speed ahead on modernization goals.
“We’re coming out of a year like none other,” said Brandon Draeger, vice president of compute product marketing at Hewlett Packard Enterprise Co., in an exclusive interview with SiliconANGLE. “If nearly three-quarters of digital transformation projects fail to meet their objectives, it’s going to require a path of modernization for both hardware and software. We need to discuss what can reverse this trend and put people on a path to success.�
Digital transformation and HPE’s strategic partnerships to be spotlighted during April 21 event
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If failure is not an option for most organizations, then why is it that digital transformation fails to meet objectives 70% of the time?
Research by McKinsey & Co. in 2019 documented this failure rate, a number that was more recently confirmed by Boston Consulting Group. This question has become more central in the minds of a number of CEOs as a global pandemic has accelerated the pace of digital change for many firms. Now, 80% of senior executives indicate they intend to accelerate digital transformation efforts.
How an organization uses technology, people and processes to reshape business operations and models has proven to be far from easy. Yet, it remains the number one topic in the information technology world, and major technology players are ready to provide advice and solutions.