The level of investment in digital transformation (DX) is significant and continues to increase. Worldwide spending on the technologies and services that enable the DX of business practices, products, and organisations is forecast to reach US$2.3 trillion in 2023, with a five-year compound annual growth rate of 17.1% (2019-2023).
In today’s fast changing and disruptive environment, few organisations could operate for long without substantial and continuous investments in new and emerging technology. However, while many organisations generate significant value from their technology investments, there are many more organisations that do not realise anywhere near the expected amount of value. Some, go out of business because they make the wrong investments or the right investments too late.
Value does not just happen automatically. Like everything else, value and benefits realisation need to be planned, measured, managed and continuously monitored through the entire lifecycle from ‘concept to cash’. At Technology Connect, we have spent the last two decades helping companies realise value from technology investments to significantly improve customer and user experiences.
Contact us if you would like to know more about our Value Realisation experience and service offering.