In a recent Harvard Business Review study, 92% of CIOs say a “dual-track” approach is essential to digital transformation, pairing traditional, IT-led grand-scale transformation with a new form of business-led “rapid cycle innovation”. Yet only 31% of companies are adopting this approach.
Using the traditional, IT-led grand-scale transformation IT and business leaders have created a solid tech foundation and are making some progress, but… Core customizations are too rigid, expensive, and slow, relying on hard-to-find specialty resources. Point solution sprawl creates extra work, hundreds of data islands, and mounting expenses. And more DIY tools, like error-prone spreadsheets and no-code tools, make data invisible to employees who need it day-to-day and a burden to maintain.