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Half of IT Leaders Think Digital Laggards Are Doomed to Fail

Roughly half of corporate tech decision-makers expect companies lagging in digital transformation a year into the COVID-19 pandemic will go under within three years, Kong found. The cloud services provider canvassed 400 chief information officers and other tech executives in…

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the U.S. and Europe in December and January, finding the proportion who think digital laggards are doomed by 2024 rising 14 percentage points from a year earlier. “A shocking 84% predict this dire outcome within six years,” said Kong. Two-thirds say they deserved to be fired, lose out on a promotion or denied a bonus for failing to pursue prudent “modernization initiatives,” it said. And 89% agree “creating new digital experiences to address COVID-19 business challenges is a business-critical endeavor.”