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September 2020

Digital Transformation

According to IDC, spending on the digital transformation of business practices, products, and organizations will continue at a solid pace despite the challenges presented by the COVID-19 pandemic. Global spending on digital transformation technologies and services is projected to grow 10.4% in 2020 to $1.3 trillion. The United States will remain the largest geographic market for digital transformation spending, delivering roughly one third of the worldwide total for 2020. Strategic implementation allows for optimized efficiency of operations and processes, by reducing costs while upholding quality standards. Lastly, successful implementation enables businesses to increase employee productivity, while driving product innovation and customer engagement.

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