{"id":10491,"date":"2021-01-20T07:03:00","date_gmt":"2021-01-20T15:03:00","guid":{"rendered":"https:\/\/formtek.com\/blog\/?p=10491"},"modified":"2020-10-19T07:49:43","modified_gmt":"2020-10-19T15:49:43","slug":"digital-transformation-investment-focus-shifts-from-foundational-to-emerging","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/digital-transformation-investment-focus-shifts-from-foundational-to-emerging\/","title":{"rendered":"Digital Transformation: Investment Focus Shifts from Foundational to Emerging"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Digital Transformation is accelerating across 80 percent of companies, according to <a href=\"https:\/\/www.delltechnologies.com\/en-us\/perspectives\/digital-transformation-index.htm\" data-type=\"URL\" data-id=\"https:\/\/www.delltechnologies.com\/en-us\/perspectives\/digital-transformation-index.htm\">a report by Dell Technologies<\/a>.  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.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Dell report found that the three most frequently cited barriers to attempting digital transformation are:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Data privacy and cybersecurity<\/li><li>Lack of budget and resources<\/li><li>Inability to extract insights from data and\/or data overload<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"798\" height=\"419\" src=\"https:\/\/formtek.com\/blog\/wp-content\/uploads\/2020\/10\/image-2.png\" alt=\"\" class=\"wp-image-10492\" srcset=\"https:\/\/formtek.com\/blog\/wp-content\/uploads\/2020\/10\/image-2.png 798w, https:\/\/formtek.com\/blog\/wp-content\/uploads\/2020\/10\/image-2-300x158.png 300w, https:\/\/formtek.com\/blog\/wp-content\/uploads\/2020\/10\/image-2-768x403.png 768w\" sizes=\"auto, (max-width: 798px) 100vw, 798px\" \/><figcaption><a href=\"https:\/\/www.delltechnologies.com\/en-us\/perspectives\/digital-transformation-index.htm#overlay=\/\/www.dellemc.com\/en-us\/collaterals\/unauth\/briefs-handouts\/solutions\/dt-index-2020-executive-summary.pdf\">From: Dell Digital Transformation Report 2020<\/a><\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/en.wikipedia.org\/wiki\/Michael_Dell\" data-type=\"URL\" data-id=\"https:\/\/en.wikipedia.org\/wiki\/Michael_Dell\">Michael Dell<\/a>, chairman and CEO, Dell Technologies, <a href=\"https:\/\/www.prnewswire.com\/news-releases\/global-pandemic-accelerates-digital-transformation-according-to-latest-study-from-dell-technologies-301150690.html\" data-type=\"URL\" data-id=\"https:\/\/www.prnewswire.com\/news-releases\/global-pandemic-accelerates-digital-transformation-according-to-latest-study-from-dell-technologies-301150690.html\">said that <\/a>&#8220;we\u2019ve 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.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/en.wikipedia.org\/wiki\/Aaron_Levie\" data-type=\"URL\" data-id=\"https:\/\/en.wikipedia.org\/wiki\/Aaron_Levie\">Aaron Levie<\/a>, CEO of Box, <a href=\"https:\/\/www.diva-portal.org\/smash\/get\/diva2:1339471\/FULLTEXT02\" data-type=\"URL\" data-id=\"https:\/\/www.diva-portal.org\/smash\/get\/diva2:1339471\/FULLTEXT02\">said that<\/a> &#8220;the last ten years of IT have been about changing the way people work.  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Those investments show that businesses have shifted after the start<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/formtek.com\/blog\/digital-transformation-investment-focus-shifts-from-foundational-to-emerging\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-10491","post","type-post","status-publish","format-standard","hentry","category-digital-transformation"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/10491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/comments?post=10491"}],"version-history":[{"count":1,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/10491\/revisions"}],"predecessor-version":[{"id":10493,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/10491\/revisions\/10493"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=10491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=10491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=10491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}