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Digital Transformation is accelerating across 80 percent of companies, according to a report by Dell Technologies. The biggest areas of investment include: cybersecurity, data management, 5G, privacy, and multi-cloud environment. Those investments show that businesses have shifted after the start of COVID-19 more from foundational IT investing to picking up more on emerging technologies.
The Dell report found that the three most frequently cited barriers to attempting digital transformation are:
- Data privacy and cybersecurity
- Lack of budget and resources
- Inability to extract insights from data and/or data overload
Michael Dell, chairman and CEO, Dell Technologies, said that “we’ve been given a glimpse of the future, and the organizations that are accelerating their digital transformation now will be poised for success in the Data Era that is unfolding before our eyes.”