GlobeNewswire

Digital Transformation is Not a One-Off — It’s About the Digital Journey

Del

SoftServe study confirms four digital journey states with 71 percent of enterprises reporting early stages of adoption

AUSTIN, Texas, Sept. 20, 2018 (GLOBE NEWSWIRE) -- SoftServe, a leading digital authority and consulting company, today released the results of its market research study that examines how enterprises are responding to the digital economy.

The research found that 71 percent of the respondents in the United States and the European Union are in the early stages—Reveal and Transform—of four unique states across the Enterprise Digital Journey. For an in-depth analysis and the full results, read The Enterprise Digital Journey white paper.

With fierce competition in today’s global landscape, leveraging cutting-edge technology and deploying new business models is not a one-off pursuit, but rather a continuous process of iteration and refinement. Companies should stop referring to Digital Transformation and instead plan for a continuous Digital Journey.

“The term Digital Transformation is both ubiquitous and damaging,” said Andrew Warden, senior vice president, global marketing at SoftServe. “Ubiquitous because no one seems to understand what Digital Transformation actually means and it has an inherent implication that it is a one-off event. Damaging because leading consulting firms fail to articulate what is needed for success in today’s digital economy, which causes inaction on the part of corporate managers, ultimately rendering those businesses obsolete as the speed of digital accelerates.”

SoftServe’s commissioned market research polled more than 700 decision makers across Financial Services, Healthcare, Media, Retail, and Software companies to determine how brands are adapting to the digital economy, the specific business needs that are driving change or disruption, and the technologies that are critical for the future.

About The Enterprise Digital Journey
SoftServe’s innovative approach – The Enterprise Digital Journey – provides a more comprehensive view focusing on the constant iteration and refinement of solutions that will help companies to remain competitive in today’s increasingly digital world.

  • Reveal – Clients are unsure where to begin or how to compete and are looking for assistance in (re)identifying their market position.
  • Transform – Clients have a point of view on where to begin and need assistance from this point forward.
  • Accelerate – Digitally mature clients are confident in their direction and need expertise in delivering prescribed solutions.
  • Optimize – Advanced clients with one or multiple digital solutions that need assistance calibrating or future-proofing recently launched applications or architectures to reidentify differentiation in the market.

Digital Challenges Differ by Vertical

Financial Services
Financial Services respondents indicated 36 percent are seeking insight into what to create and where to win in the market (Reveal), while 42 percent currently have a point of view on where to begin (Transform).

Healthcare
Healthcare respondents indicated 29 percent are in the Reveal stage and 43 percent are in the Transform stage, with a noticeably higher response rate – 17 percent – for the Optimize stage suggesting systems need to be continuously improved.

Media
Media respondents indicated 49 percent have a point of view on where to go next (Transform), which signals the sector is more mature with a defined roadmap for the future.

Retail
Retail respondents indicated 32 percent are in the Reveal stage, while 37 percent are in the Transform stage.

Software
Software respondents indicated 38 percent are in the Reveal stage, 31 percent are in the Transform stage, and a noticeably higher response rate – 24 percent – for the Optimize stage suggests an acknowledgement of the effort to deliver digital; however, require the most assistance – out of any industry – to optimize existing platforms and solutions.

Technologies of the Future

Respondents were also asked to rank the most important cutting-edge technologies. Predictably, cybersecurity, big data processing and analytics, and cloud computing came in as the top three across all decision makers.

Hybrid clouds were deemed an essential cloud computing technology by 50 percent of respondents. The top three industries that view hybrid clouds as essential are Retail (61 percent), Media (56 percent) and Software (54 percent).
To learn more about the survey results and SoftServe’s Enterprise Digital Journey, please read the white paper.

About SoftServe
SoftServe is a digital authority that advises and provides at the cutting-edge of technology. We reveal, transform, accelerate, and optimize the way enterprises and software companies do business. With expertise across healthcare, retail, media, financial services, software, and more, we implement end-to-end solutions to deliver the innovation, quality, and speed that our clients’ users expect. 
  
SoftServe delivers open innovation—from generating compelling new ideas, to developing and implementing transformational products and services. 
  
Our work and client experience is built on a foundation of empathetic, human-focused experience design that ensures continuity from concept to release. 
  
We empower enterprises and software companies to (re)identify differentiation, accelerate solution development, and vigorously compete in today’s digital economy. No matter where you are in your journey. 
  
Visit our websiteblogLinkedInFacebook, and Twitter pages. 
  
SoftServe Media Contact
Paul Jones
Senior Manager, Analyst and Public Relations
pjone@softserveinc.com
512-796-7358

Om GlobeNewswire

GlobeNewswire
GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://globenewswire.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Følg saker fra GlobeNewswire

Registrer deg med din epostadresse under for å få de nyeste sakene fra GlobeNewswire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra GlobeNewswire

TriLumina Launches the World’s First Surface-Mount Flip-Chip Back-Emitting VCSEL Array Without the Need for a Submount20.6.2019 19:00:00 CESTPressemelding

Game-changing “LED Killer” Device Enables Lowest Cost, Smallest, High Performance for Mobile 3D Sensing Applications and Innovative NIR Illumination Options ALBUQUERQUE, N.M., June 20, 2019 (GLOBE NEWSWIRE) -- TriLumina, the leading developer of flip-chip VCSEL(vertical-cavity surface-emitting laser) technology for 3D sensing, announces the launch of the world’s first surface-mount flip-chip back-emitting VCSEL array without the need for a submount or bond wires, which allows for lower costs and higher performance than existing designs using near-infrared light-emitting laser diodes or LEDs for 3D sensing. “We are pleased to launch this revolutionary device,” said Luke Smithwick, chief marketing officer for TriLumina. “For the first time, engineers can create extremely small, low-cost, high-performance products utilizing a NIR surface mount back-emitting VCSEL array, without the need for a large and costly submount.” Conventional VCSEL arrays are mounted on a submount and use bond wire

Constellation Brands CEO Bill Newlands Signs CEO Action for Diversity & Inclusion Pledge20.6.2019 15:00:00 CESTPressemelding

VICTOR, N.Y., June 20, 2019 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that that Bill Newlands, president and chief executive officer, is joining CEO Action for Diversity & Inclusion™ - the largest CEO-driven business commitment to advance diversity and inclusion within the workplace. The CEO Action for Diversity & Inclusion recognizes that change often happens when there’s support at the executive level. More than 600 CEOs of the world’s leading companies and business organizations are leveraging their voices to advance diversity and inclusion in the workplace by placing individual accountability on all—leaders and employees—to create inclusive environments. “At Constellation, we work hard to foster an inclusive culture that is characterized by diversity in background and thought, and that reflects our consumers and the communities where we live and work,” said Newlands. “Signing the CEO Action for Diversit

Radient Technologies Inc. Provides Update on Progress of Cannabis and Hemp Extraction Facilities and Issues Shares for Services20.6.2019 13:30:00 CESTPressemelding

EDMONTON, Alberta, June 20, 2019 (GLOBE NEWSWIRE) -- Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF) is pleased to announce it has awarded the mandate for the second phase of the construction of its Edmonton III manufacturing facility to Fillmore Construction Management Inc. (“Fillmore”). Construction is well underway, with footings and foundation work having been completed, and the structural component of the building now in progress and on schedule. Fillmore was selected by Radient due to its extensive previous experience developing food processing and GMP approved manufacturing plants. Edmonton III is Radient’s expanded capacity cannabis and hemp processing line that is expected to have a total annual throughput capacity of 280,000 kg/year of cannabis, and 2,800,000 kg/year of hemp upon completion in calendar 2020. Radient completed its first commercial extraction run for Aurora Cannabis Inc. (“Aurora”) (TSX: ACB; NYSE: ACB) in May 2019 at its

TeraRecon Receives First-of-Kind FDA Determination20.6.2019 11:00:00 CESTPressemelding

DURHAM, N.C., June 20, 2019 (GLOBE NEWSWIRE) -- Advanced visualization and artificial intelligence (AI) technology provider, TeraRecon, today announced it has successfully completed an FDA regulatory review of its Northstar™ AI Results Explorer, for which the technology and the determination are both firsts-of-kind in the medical imaging industry. Northstar is designed to work alongside the company’s EnvoyAI™ interoperability platform which includes FDA-cleared 3rd party content listed on its EnvoyAI Exchange marketplace. The Northstar determination letter reinforces the company’s commitment to regulatory and quality standards along with transparency in the field of medical imaging artificial intelligence. The Northstar AI Results Explorer provides an engaging physician user experience which can be integrated into the clinical systems already used throughout the health enterprise. Now with full commercial availability, Northstar can provide physicians an important way to accept, reject

Appian Named A Leader in Digital Process Automation for Deep Deployments Report by Independent Research Firm19.6.2019 16:28:00 CESTPressemelding

RESTON, Va, June 19, 2019 (GLOBE NEWSWIRE) -- Appian (NASDAQ: APPN) today announced it has been named a leader in “The Forrester Wave™: Software For Digital Process Automation For Deep Deployments, Q2 2019” report (“DPA Deep”). In Forrester’s four market segments for rapid application development, DPA Deep platforms “excel at the high end of process complexity but may also be the right solution to meet the needs for a wide-deployment, low-code standard” in an organization. In Forrester’s evaluation, Appian tied for the top score in the Current Offering category (including criteria for user experience development tools; process and flow design; digital decisioning, and robotic process automation). Appian also received among the second-highest scores in the Strategy category (including criteria like vision and strategy, commercial model, partners and training, community, and marketplace). The report notes that “Appian is a low-code vendor that thrives in complex process environments.” Th

Seaborn Networks announces new IP & Ethernet Services for Brazil and U.S. market19.6.2019 14:30:00 CESTPressemelding

BOSTON, June 19, 2019 (GLOBE NEWSWIRE) -- Seaborn Networks (“Seaborn”), a leading developer-owner-operator of subsea fiber optic cable systems, today announced that it will be delivering industry leading performance with new IP Service offerings comprising of diverse Ethernet Service and IP Service solutions addressing the market’s demand for rapidly deployed and highly stable global Ethernet & IP based needs between North and South America. IP Service offerings will include IP Transit, Remote Peering, Cloud Connect and Enterprise DIA solutions. Seaborn’s IP Services are offered under a minimal commitment with the ability to utilize additional bandwidth on a pay-as-you-use basis. Seaborn’s Ethernet Service offerings include E-Line, E-LAN and E-Tree capabilities with options for protected service depending on the Class of Service (CoS) selected. Industry leading SLA’s are provided on all IP and Ethernet services. “In today’s fast paced, highly complex communications environment, busines