around the globe are turning to digital transformation to keep a competitive edge.
of CEOs reported that they
had a digital transformation initiative
of some kind underway
When asked about their
27% cited technology enablement
#1 tool for productivity
#3 tool for cost control.
mentioned technology as
one of their top two ways
to improve productivity 1
Nearly 30% of McKinsey’s
digital transformation survey
respondents fully digitized
their core business
Another 32% developed
a new business model to
replace their core business
a digital business.2
Implementing new technology is a key way to start a digital transformation initiative
Based on a poll of more than 1,000 business leaders in the UK, the report says 80% of respondents want to change how their employees work and which technology they’re using, all with the goal of changing processes and boosting productivity.3
One of the top tools being implemented is RPA, which helps businesses to see value quickly and to realize actual transformation in the way their organizations operate.
53% of respondents have already started their RPA journey.
This is expected to increase to 72% in the next two years.
The benefits of RPA software adoption are significant. Payback was reported at less than 12 months, with an average 20% of full-time equivalent (FTE) capacity provided by robots. RPA continues to meet and exceed expectations across multiple dimensions including:
• improved compliance •
• improved quality / accuracy •
• improved productivity •
• cost reduction •
RPA implementation kickstarts a successful digital transformation campaign by replacing manual processes, improving productivity, and growing technology usage among employees. It also allows businesses to achieve ROI quickly
1 "Gartner Survey Reveals That CEO Priorities Are Slowly Shifting to Meet Rising Growth Challenges." Gartner. Accessed July 16, 2019. https://www.gartner.com/en/newsroom/press-releases/2019-05-08-gartner-survey-reveals-that-ceo-priorities-are-slowly.
2 “Unlocking success in digital transformations,” McKinsey & Company, October 2018.
3 Sead Fadilpašić, “UK leaders set 2020 digital transformation deadline,” ITProPortal, Nov. 7, 2018, https://www.itproportal.com/news/uk-leaders-set-2020-digital-transformation-deadline