May 19, 2024


It's the Technology

WIRED Brand Lab | Top Tech for Business Transformation


Organization leaders know that successful transformations incorporate persons and know-how to supercharge expansion. But new investigation from an EY study shows that number of exceed expectations. These that do report significantly stronger earnings gains than all those that are unsuccessful to reach their transformation targets—42.5% faster expansion on average.

What are the winning strategies? A combine of foundational technologies such as data science and synthetic intelligence (AI), alongside with new methods to securing the skills desired for transformation. Some sectors augment these with critical investments in specialized tech this sort of as blockchain (a most loved of economic products and services) or environmentally friendly tech (electricity and normal methods).

These insights and some others stem from the EY Tech Horizon: Management perspectives on technological know-how and transformation study, an substantial, intercontinental, multi-industry study plan comprising a quantitative survey of 508 C-suite executives and senior leaders and 10 in-depth qualitative interviews with adjust-makers from companies throughout the Americas.

The highlights provide not only a snapshot of in which the most profitable transformations commit in technologies but also a blueprint for making the proper electronic foundation for rushing your have company progress. 

The views mirrored in this write-up are these of the author and do not necessarily replicate the views of Ernst & Young LLP or other member corporations of the world-wide EY corporation.

This story was created by WIRED Model Lab for Consulting at EY.


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