Digital transformation investment levels will reach $6.3 trillion between 2022-2024, according to the global research firm International Data Company (IDC).
“For the first time ever, we see that the majority of enterprise organizations [at 53 percent] have an enterprise-wide digital transformation strategy, a 42 percent increase from just two years ago,” stated Shawn Fitzgerald, IDC’s research director for Worldwide Digital Transformation Strategies.
According to IDC, the digital transformation shift began before the COVID-19 pandemic saw governments around the world implement their lockdowns. However, these lockdowns escalated the rate of transformation when companies realized they had to transition away from traditional spaces to direct-to-consumer channels….