Maintaining a competitive edge is important in today’s technology environment. Organizations can lose out to competitors if they fail to keep up with advances in technology. According to a recent report by the International Data Corporation (IDC), by 2020, 50 percent of the world’s top businesses, known as the Global 2000, will see the majority of their business depend on their ability to create digitally-enhanced products, services and experiences. IDC predicts that worldwide investment in digital transformation initiatives will reach $2.2 trillion in 2019, almost 60 percent more than in 2016.
Since there is more pressure on companies to decrease expenses—while simultaneously trying to bolster productivity and revenue—it has never been more important for them to find smart and affordable IT solutions to facilitate the digital transformation. Digital transformation means leveraging the opportunities that come with new technology and optimizing them to grow a business and make it more efficient.