Nov 2015 - Industry Development and Models - Doc # US40550115
2016 IDC FutureScape CIO Agenda Prediction 4: 70% Failure Rate of Siloed Digital Transformation Initiatives in 2018
This IDC study examines the implications for both IT and LOB executives of the 2016 IDC CIO Agenda FutureScape Prediction 4: "By 2018, 70% of siloed digital transformation (DX) initiatives will ultimately fail because of insufficient collaboration, integration, sourcing, or project management." This study examines the failure to achieve DX by continuing siloed digital projects that cannot make the critical evolutionary step of infusing innovation into the scale and breadth of the enterprise environment.
"Desired business outcomes from DX follow innovation projects that integrate new digital technologies into stable business services and incorporate new skills, techniques, and culture into the fabric of the IT and LOB organizations. Initiatives that do not infuse innovation into the scale and breadth of the total enterprise have not achieved the prime directive: digital transformation." — Bill Keyworth, VP, Research, for IDC