Running Multiple Digital Initiatives at Scale is What Sets Visionary Businesses Apart, Finds Infosys Digital Radar 2019

DAVOS, Switzerland, January 22, 2019 /PRNewswire/ --

- Companies must operate key digital initiatives at scale and focus on a broad range of technologies to reach the most advanced stage of digital transformation 

- Legacy systems predicted as the single biggest barrier to digital transformation in 2019 

Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, has today released new global research, the Infosys Digital Radar 2019, revealing the digital transformation maturity of businesses in 2018, and what it takes to navigate the next stage of their journey.

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What can businesses expect in 2019? 

Infosys found businesses can be grouped into three clusters based on their progress along the digital transformation journey, with visionaries the most advanced, followed by explorers and then watchers.

The categories are defined as:

• Visionaries who understand the potential of digital to completely transform their business
• Explorers who commit to digital programs driven by the need to enhance customer experience
• Watchers who see digital through the prism of efficiency

The Infosys Digital Radar also found that interviewed executives' express confidence in their companies to advance from the watcher to the explorer level without too much difficulty, but feel that reaching the visionary level is much harder.

What sets visionaries apart? 

To more deeply understand what characterizes organizations at different stages of the transformation journey, Infosys identified 22 key digital initiatives and surveyed where companies stood on implementing each one. Companies were then assigned a Digital Maturity Index score from 0 to 100 according to their progress on pursuing and implementing these 22 key initiatives.

The research revealed that as companies advance in their journey, they begin to operate more digital initiatives at scale, with visionaries averaging 12 at scale, and having completed pilots on seven additional initiatives. Explorers average six digital initiatives at scale and have completed pilot projects for seven more. While watchers typically operate at scale on only one or two digital initiatives, with another one or two initiatives in the pilot testing phase.