Predictions of the danger to businesses that delay their digital transformation journey have proved highly prescient. Read our guide on the considerations to keep in mind when selecting a systems supplier.
Pete Redshaw of Gartner finds that the current attitude of the financial services sector towards digital transformation to be ‘dangerous’ and that it ‘underestimates the degree of change digital transformation will bring to the industry.’ Those left clinging to 20th-century business and operating models risk failure. Behind these statistics, the benefit to businesses is clear and simple: digital technology can optimise efficiency. A leaner operation will emerge from the other side. The UK Government’s digital programme notes ‘rising take-up and falling costs’ and advocates making digital services “so good that people will prefer to use them.’
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