HCL Technologies (HCL), a leading global IT services company has said that it has released the findings of an independent–research study of senior business and technology decision–makers regarding digital transformation at large global enterprises.
The global CXO survey highlights a wide gap between strategy and execution with organizations’ digital transformation initiatives. These findings come at a time when digital transformation has emerged as a defining strategy for modern global enterprises.
The survey found that while the majority 70% of organizations surveyed have a formalized digital transformation strategy in place, just a fraction 10% have thought through all aspects up to full deployment planning. It is therefore no surprise that just a quarter of participating organizations have been able to reap the benefits of digital transformation.
Meanwhile, shares of the company were trading at Rs 869.85 apiece, down 0.86 per cent from the previous close at 09:30 hours on BSE.