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October 2020

Digital Transformation

According to IDC, the spending on digital transformation technologies and services has seen double digit growth for many years with almost 18% in 2019 and an estimated $1.3 trillion in 2020. Strategic implementation allows for optimized efficiency of operations and processes, by reducing costs while upholding quality standards. Further, successful implementation enables businesses to increase employee productivity while driving product innovation and customer engagement. With more than 70% of companies either following a digital transformation strategy or being in the process of implementing one, it becomes clear that digital transformation is and has been an important part of many businesses’ growth strategy.