Choose an ally who can help you avoid the pitfalls.
Chances are, you know your digital transformation is critical. But without the right guide helping you manage the many moving parts, successful execution can be difficult. Consider some of these recent statistics:
- Over 90% of companies are using technology to modernize their existing business model vs. transforming it. (Forrester, 2020)
- By 2023, 50% of organizations will neglect market-driven operations, losing market share to competitors that made the investments, as well as to new digital market entries. (IDC, October 2020)
- Only 16% of organizations say their digital transformations have successfully improved performance and equipped them to sustain it long term. (McKinsey Global Survey, October 2018)
- 28% of respondents said digital transformation projects have gone over budget and 33% overran the planned timeline. (IFS, 2020)
With outcomes like these, companies need a team of reliable, strategic professionals with knowledge and experience in all aspects of enterprise transformation. Baker Tilly’s transformation services helps organizations avoid these issues. With more than 100 “health checks” performed for large, complex transformation initiatives, we’re adept at helping companies assess the current state of their projects and providing road maps for improvement.