We’ve known for some time that the future of business is digital. Now we are seeing more and more that the future of every digital business is data-driven because the core competencies of each strategy complement and reinforce each other.
Key takeaways from this whitepaper:
- Three-quarters of organizations that identify as ‘highly advanced’ on both ‘digital transformation’ and ‘progress toward the data-driven enterprise’ have increased their pace of innovation as a result of the changes they’ve made to adapt to the pandemic.
- A majority of these enterprises attribute at least 10 percent of revenue to data and analytics. For these data-driven enterprises, alignment across corporate strategy, digital transformation plans, and data strategy is paying off.
- These leaders are nearly twice as likely to identify both ‘strategy’ and ‘technology’ infrastructure as competitive advantages as compared to organizations that are at the earliest stage of both journeys.