Endava a leading tech services provider, launched its latest research report with IDC titled, The Next Wave of Digital Transformation in the Era of the AI-Powered Digital Shift.
Surveying organizations across the US, Europe, APAC, and the Middle East, this report highlights critical trends in AI integration, revealing how core legacy systems are limiting progress. With 70% of firms believing that generative AI is either already impacting their business or will do so within the next 18 months, companies are under pressure to make infrastructure investments that will support their long-term digital strategies.
Key topics include:
- 48% of organizations consider themselves ‘digital businesses’ but only 38% of CEOs are investing in AI initiatives to drive competitive advantage
- 49% of firms attribute overspending on digital infrastructure to the cost of maintaining legacy systems
- 70% of firms believe generative AI has either begun disrupting their business or will do so in the next 18 months, AI solution spending aligns with growth expectations, with 51% of organizations prioritizing IT investments to enable growth, followed by access to skills (41%) and
- addressing insufficient internal capacity (38%).
- 47% of firms identified strong strategic partnerships as the key factor in the success or failure of generative AI projects.
Download the full report HERE.
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