What does it take to run a successful digital transformation? It’s more than just the right technology—it requires alignment across your enterprise, from strategy to tech to change capacity. Our new report dives into the three-pronged approach, enabled by cloud, that delivers enterprise value and ROI when transforming your digital landscape.
According to Deloitte Global research, organizations that deliver successful digital transformations bring together strategy, technology, and a strong change capability. However, many organizations—approximately 66% of Fortune 500s—still have not lined up tech and business objectives, leaving considerable room for better business and technology strategy alignment. This analysis discovered that a three-dimensional tech strategy—consisting of a mature tech focus; a platform strategy; and investment in technologies like AI, cloud, and cyber—can help drive enterprise value and increase your digital transformation ROI.
In this report, we examine the relationship among these three dimensions, market cap and stock returns.
Three technology strategy value drivers analyzed in 10K market cap correlation analysis of 4,500+ organizations
Together, these elements can create a more three-dimensional tech strategy—and cloud strategy and investments can be a considerable enabler of each.
A value- or results-focused technology strategy can make or break a digital transformation and the market value an organization sees from its investments. Leaders that fail to invest in innovation, think horizontally across technology categories, and connect individual technology programs to strategic objectives may be missing opportunities to drive more market value. Importantly, cloud strategies can bring together these three dimensions to help drive significant market value for organizations undergoing digital transformation.