Five Elements to Succeed as a Digital Business

Business leaders are increasingly challenged to move their enterprises through a digital business transformation, employing digital technologies coupled with organizational, operational, and digital business model innovation to grow their businesses. According to IDC's European Digital Reignition Survey, 91% of organizations in EMEA feel the pressure to transform has increased.

More than ever digital technologies are proving to be a critical requirement for organizations to survive and grow in turbulent times, helping to set up secure remote working, enable digital channels to do business with customers, and ensure that supply chains and operations are kept afloat. As a result, 42% of organizations in EMEA are now in the most advanced stages of digital maturity, compared with 32% in 2019.

Organizations that are well ahead in their digital journey are not only more resilient and better able to navigate volatile conditions, but can also outperform their peers across metrics, from revenue and profit growth, to cost optimization, to customer satisfaction, to talent attraction and retention. Being able to operate as a digital business is no longer a nice-to-have — it is now a strategic differentiator.