Back to the drawing board for businesses’ transformation plans
Almost two thirds (64%) of international businesses have scrapped existing transformation plans in light of the coronavirus pandemic and are now drawing up completely new ones, reveals a new survey of 750 businesses by Fujitsu. Among the 150 UK businesses surveyed, the figure was even higher, at 70%.
A key priority for 77% of respondents (83% in the UK) is to become more agile and to react faster to change, with 41% admitting that they are unable to keep up with fast-changing customer needs. The biggest hindrances in this regard are organisational and technological complexity (cited by 30% and 28% respectively).
Brad Mallard, CTO for Digital Technology Services, North West Europe, Fujitsu, said: “Organisations need to aggressively shift their focus from reactively increasing resilience to proactively building an adaptive organisation. With the speed of change taking place across all industries, the ‘big-bang’ modernisation plans that businesses and governments have been trying to drive for some time are rapidly becoming unfit for purpose. A more flexible, iterative approach based on continuous improvement and delivery is now far more appropriate.”
Priorities include modernising applications (cited by 75%) and increasing usage of the cloud (74%), including cloud platforms (71%), cloud-hosted data (69%) and cloud-native applications (68%).