Technological innovation creates opportunities for businesses to become more agile, more intelligent in the way they approach their markets and operations, more open-for-business, and more efficient in execution. With this, corporate stakeholders’ business expectations increase. Globalisation continues to intensify the competitive landscape, and the stress on the bottom line demands tighter budgets, so companies are seeking strategic solutions to thrive in this demanding environment.
Historically, the focus to alleviate these pressures would have fallen on the finance department. Today, however, IT has become the focal point for driving change and meeting these challenges in the form of digital transformation. Plenty has been written on how to achieve this transformation, and there are some common themes that emerge.