Undoubtedly, 2023 was a challenging year for businesses worldwide, and as 2024 approaches, economic uncertainty remains. According to the Federal Reserve’s predictions, the global economy is expected to grow at a modest 0.5% annually. Many firms’ natural response to such unsettling times may be to reduce or even stop their digital transformation activities. But this is the ideal moment to intensify your efforts in digital transformation.
According to the Everest Group Global CFO Survey 2022, most Chief Financial Officers (CFOs) rank digital transformation higher on their priority lists, especially when it comes to “judgment-intensive” expenditures.