{"id":7953,"date":"2018-01-03T07:00:20","date_gmt":"2018-01-03T15:00:20","guid":{"rendered":"http:\/\/formtek.com\/blog\/?p=7953"},"modified":"2017-11-16T08:00:52","modified_gmt":"2017-11-16T16:00:52","slug":"digital-transformation-lack-of-bandwidth-skillsets-and-vision-block-progress","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/digital-transformation-lack-of-bandwidth-skillsets-and-vision-block-progress\/","title":{"rendered":"Digital Transformation: Lack of Bandwidth, Skillsets and Vision Block IT&#8217;s Progress"},"content":{"rendered":"<p>Businesses will spend $1.7 trillion by the end of 2019 trying to transform themselves to become digital operations, <a href=\"https:\/\/idc-community.com\/idc_futurescape_worldwide_2017_predictions\/top_10_worldwide_digital_transformation_dx_predictions\">according to a forecast from IDC<\/a>. But as many as three-quarters of those businesses will fail to meet their digital objectives. The most frequently cited reason why businesses fail is lack of technical innovation.<\/p>\n<p>A<a href=\"https:\/\/www.commvault.com\/news\/2017\/november\/study-shows-gap-between-expectations-for-digital-transformation-and-it-organization-readiness\"> survey by Commvault<\/a> found that most IT executives and personnel don&#8217;t think their businesses are ready for digital transformation.<br \/>\nThe survey found the following areas to be problems:<\/p>\n<p>Lack of <strong>Bandwidth<\/strong> &#8211; IT is too busy with day to day operations to have time to think about innovation<br \/>\nLack of <strong>Skill sets<\/strong> &#8211; 50 percent of IT say that they must acquire new skill sets to stay relevant<br \/>\nLack of <strong>Technology<\/strong> &#8211; Two-thirds say that they are not prepared for the cloud or data management<br \/>\nLack of <strong>Vision<\/strong> &#8211; 40 percent say their company doesn&#8217;t have a formal plan for digital transformation<br \/>\nLack 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The<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/formtek.com\/blog\/digital-transformation-lack-of-bandwidth-skillsets-and-vision-block-progress\/\">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-7953","post","type-post","status-publish","format-standard","hentry","category-digital-transformation"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/7953","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=7953"}],"version-history":[{"count":3,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/7953\/revisions"}],"predecessor-version":[{"id":7956,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/7953\/revisions\/7956"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=7953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=7953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=7953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}