Our research shows that
one of the six key factors that flip
the odds of success
for digital transformations
from 30% to 80%
is having a business-led modular
technology and data platform.
BCG research reveals that companies
that have a modular, flexible,
interoperable technology
and data platform
aligned with business
needs and goals are 33%
more likely to succeed
in their digital transformation efforts
than those that do not.
In fact, amongst companies
that managed to pull off
a successful digital transformation,
a staggering 75%
had such a digital and data
platform in place.
To help you assess your readiness
to make the necessary tech upgrades
and allocate funds accordingly,
we have developed a set of
Yes/No questions about three key
aspects of tech design and enablement.
Business-led and fit for purpose.
This means that the tech
transformation is grounded
in real business value,
supports the overall digital strategy,
and provides transparency
on the impact of products, processes,
and the organization.
Designed for frequent upgrades.
Using iterative deployment methods
to accelerate deployment
time for features required
by the use cases
during the transformation
and allow flexibility
for catering to future needs.
Designed emphasizing
IT architecture best practices.
This drives discipline
while building new capabilities
and minimizes delivery
risk for the strategic use cases
in the digital transformation.
Here are a few other practices to follow
as you progress with your digital
transformation effort:
Decouple the digital transformation
from your core system transformation
and run the two in parallel.
A gradual, outcome driven approach
to implementing a modern digital
and data platform
is the fastest,
most cost-effective path to value.
Liberate data from core systems,
because data is a valuable
enterprise asset that is defined,
modeled, and owned by the business.
IT should build data platforms
that democratize the use of data
throughout the business.
Continually build and refine
new capabilities in your people.
Actively look to take ownership.
In-source differentiating capabilities
and have them work with common goals
next to the front line.
Use iterative deployment methods.
Increase speed and agility
by using new ways
of working across technology
and business IT engagement.
Focus on speed to value.
Be bold in shelving projects that cannot launch
or create value quickly,
as they will otherwise be outdated
by the time of launch.
Finally, as one of our senior clients puts it: