Report: 92% of organizations aren’t ready for digital transformation



The vast majority of organizations looking for to make a digital transformation aren’t outfitted to do it efficiently, based on the outcomes of the not too long ago launched “2023 Undertaking to Product: State of the Trade” report by portfolio administration firm Planview.

Solely 8% of respondents acknowledged that they’ve operationalized the shift from mission to product, that means that 92% have but to appreciate or seize the complete worth of a product working mannequin at scale. Nonetheless, 63% reported that they’re within the exploratory part and 29% stated they’re increasing on earlier experiments.

It was additionally discovered that, till a mature product mannequin is in place, enterprises spend 70% of their supply capability on defect remediation and waste 40% of their efforts on account of overload and bottlenecks.

Learn the complete article right here on VSM Occasions.