EPAM Conducts Study on Failures of Digital Transformation

EPAM Continuum, EPAM Systems, Inc.'s (NYSE: EPAM) integrated strategy, technology, and experience consulting practise, released a new report titled "Three Ways Leaders Impede Their Company's Digital Transformation" that identifies a breakdown between business and technology in some organisations while detailing key strategies for successful digital transformation. 

The study conducted by EPAM Continuum,explores the reasons behind digital transformation failures. The research reveals that many organizations struggle to achieve successful digital transformations due to various factors.

79% of Leaders Surveyed Agree that the Business does not speak Technology
and Technology does not speak Business

States the study. 

These factors include a lack of clear strategy, inadequate leadership support, and a failure to prioritize customer experience. The study emphasizes the importance of developing a holistic approach to digital transformation, which includes aligning technology implementation with business goals and investing in change management. EPAM Continuum aims to help organizations overcome these challenges and drive successful digital transformations

Digitalization is no longer optional for companies to succeed. However, getting it right is not only about adopting and modernizing technologies or automating processes. The success of digital transformation is largely dependent on your ability to address people-related challenges.

exact exert form the report. 

In the report, several questions are explored regarding the perception of IT in organizations, the communication between business and IT, and the training received by IT and business leaders to support digital transformation.

Note: The vision of this web portal is to help promote news and stories around the Drupal community and promote and celebrate the people and organizations in the community. We strive to create and distribute our content based on these content policy. If you see any omission/variation on this please let us know in the comments below and we will try to address the issue as best we can.

Related Organizations

Advertisement Here

Upcoming Events

Latest Opportunities

Advertisement Here