Source: CIO Magazine On:
About 500 years ago, the Italian Renaissance polymath Leonardo Da Vinci famously said “Nothing can be loved or hated if it is not first known” – and now we know!
It is commonly accepted that the Covid-19 pandemic and its associated lockdowns have accelerated the pace of digital transformation, by necessity for most enterprises. In the beginning of the first lockdown, “…we’ve seen two years’ worth of digital transformation in two months,” as Microsoft CEO Satya Nadella put it.
According to a global survey of executives¹ conducted by McKinsey, companies accelerated the implementation of remote working and collaboration capabilities by as much as a factor of 43 compared to estimates without the crisis. Similarly, the adoption of digital technologies for advancements in operations and business decision-making has been expedited by a factor of 25 times more than expected.