Digital Initiatives Failing To Meet Business Outcome Targets
Digital CxO, Friday, November 15th, 2024
Less than half of digital initiatives are meeting or exceeding their business outcome targets, indicating a significant gap between investment and return on digital transformation.
The Gartner survey found more than 80% of CIOs report plans to increase investments in key technologies including cybersecurity, AI, GenAI, business intelligence, data analytics and integration technologies like APIs.
These areas are considered foundational to building a robust digital infrastructure and are expected to play a central role in organizational growth and resilience.
Rakesh Jayaprakash, chief analytics evangelist at ManageEngine, explained in recent years, organizations have aggressively increased spending.