Digital Transformation: Fractures
According to a recent study commissioned by CenturyLink, only half of global enterprise respondents had a digital transformation strategy in place, and even those companies will face major disruptions to their businesses over the next three years.
Conducted by 451 Research , the study provided a snapshot into how, why and the pace at which organizations across the globe were preparing for their digital futures.
"In a global economy that's dominated by disruption, innovation and cyber threats, speed to market is of the essence," said Bill Hurley, chief marketing officer for CenturyLink Inc. (NYSE: CTL), in a prepared statement. "However, the complexities associated with digital transformation can result in numerous roadblocks. Moving to a superior network and employing agile cloud technologies are keys to simplifying the transformation process. This approach is a foundational element of success in digital transformation."
While 60% of the enterprises that were surveyed were increasing their IT spending to tap into the benefits of digitization, more than 40% estimated that those digital transformations would take three to five years.
The study identified three primary barriers to successful digital transformations: inflexible IT systems and the need for agility (35%); organizational silos and the need to uncouple legacy practices (33%); risk and security, including the need for assured data custody (31%).
Not surprisingly, the study reaffirmed the importance of cloud services. Using a scale of 1 to 10, 80% of the respondents ranked cloud's importance at 7 or higher while 20% gave it a perfect score of 10.
To further underscore the importance of cloud services, the enterprises that had mature digital transformation strategies in place ranked the importance of cloud services 15% higher than the companies that were in the early stages of their transformations.
— Mike Robuck, Editor, Telco Transformation
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On-the-Air Thursdays Digital Audio
ARCHIVED | December 7, 2017, 12pm EST
Orange has been one of the leading proponents of SDN and NFV. In this Telco Transformation radio show, Orange's John Isch provides some perspective on his company's NFV/SDN journey.
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Huawei Network Transformation Seminar The adoption of virtualization technology and cloud architectures by telecom network operators is now well underway but there is still a long way to go before the transition to an era of Network Functions Cloudification (NFC) is complete.
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