Most organizations today have some form of digital transformation strategy in the works. But a large share of these projects fail. Why is this? IT specialists will tell you that apart from misalignment between the goals of IT and business leadership, the main obstacle to a successful digital transformation is the adherence to obsolete data silos.

As our world becomes increasingly digital, businesses everywhere feel the push to adopt new technologies. This is no longer a demand specific to the technology sector. Rather, all industries are required to improve and transform their business models. Businesses everywhere and of every size find benefits to embarking on digital transformation, from giving them a competitive edge in a cutthroat market to a wealth of data from the customer journey.

As stakeholders in more organizations look toward digital transformation strategies, they need to take a closer look at how to modernize their software. An overhaul of an IT system can be expensive and risky, even if the results pay off. What is not often examined however is the role of APIs in supporting enterprise IT transformation initiatives.

Inertia, cynicism, and doubt can make it difficult for organizations to commit to digital transformation. Employees, executives, and stakeholders might resist digital transformation initiatives even after you explain its benefits. It often takes more than explaining benefits. You get the best results when you can build a community of digital transformation evangelical’s who gets others excited about adopting new technologies.

The transportation industry has reached an inflection point – one in which nearly all forms of travel have been met with unprecedented challenges. Transit and airport revenues have been decimated with the lack of passengers, while freight and shipping companies have been overwhelmed with demand from an explosion of e-commerce orders. Despite facing unprecedented challenges, the industry is facing an equally unprecedented opportunity to innovate.

With automation becoming more user-friendly and streamlined than ever before, it's understandable organizations across sectors are examining how it can enhance their analytics capability and accelerate their business shift toward digital transformation.

Every new decade sees businesses split into winners and losers as technology evolves, competitiveness tightens, and new market entrants challenge the incumbents.

Implementing a digital transformation agenda can be a complex activity for many organisations. Balancing risks and opportunities requires effective governance to ensure that digital transformation initiatives are adequately planned, funded and implemented.

Digital transformation is a hot topic for all markets and industries as it’s delivering value with explosive growth rates. Consider that Manufacturing’s Industry Internet of Things (IIOT) was valued at $161b with an impressive 25% growth rate, the Connected Car market will be valued at $225b by 2027 with a 17% growth rate, or that in the first three months of 2020, retailers realized ten years of digital sales penetration in just three months.