Dell DX report: 50% of companies will struggle in five years
Dell Technologies has published its second Digital Transformation Index – Digital Transformation Index II – and the findings are bleak.
Two years after the initial report, researchers say the survey of 4,600 business leaders from around the world suggests nearly half think their organisation will be obsolete within five years. The report describes the situation portrayed as "urgent".
Digital laggards vs digital leaders
Despite four in five respondents thinking digital transformation should be more widespread throughout their organisation, more than half (51 percent) think they’ll struggle to meet changing customer demands within five years.
Nearly twice as many companies qualified as ‘digital laggards’ as ‘digital leaders’, while the middle ground was also weighted towards ‘digital followers’ and ‘digital evaluators’ against ‘digital adopters’.
Emerging markets confidence in DX
Emerging markets fared better in their outlook, with 53 percent championing disruption versus 40 percent of companies in developed markets.
The report, compiled by market research group Vanson Bourne, concludes in the executive summary: “Emerging technologies are transforming our world and providing a huge opportunity for organizations to leap ahead of their peers. However, the DT Index reveals the majority of businesses still have a long way to go to realize their future. The risk of falling further behind and finding themselves on the wrong side of the digital economy is real.”