While many executives may think highly of their current IT infrastructure’s ability to integrate advanced technologies—along with how their digital capabilities compare to those of their industry peers—the fact is, that’s not always reflective of reality. As our survey reveals, the resulting answers vary widely, depending on the participant’s title level, organizational size, and industry. Answers between tech (e.g. CIO, CISO, CTO) and non-tech (e.g. CEO, CFO, COO, CMO) C-suite executives, for example, often differed significantly: 78 percent of non-tech C-suite executives cite their organization’s IT integration capabilities as “very good” or “excellent,” compared to only 48 percent of tech C-suite executives.
Similarly, 45 percent of non-tech C-suite executives rate their company’s digital capabilities as “advanced” compared to their peers, versus only 26 percent of those in the tech C-suite. These differences imply that executives, even in the same organization, don’t necessarily share the same awareness or understanding of their organization’s digital capabilities—with non-tech C-suite executives’ views tending to be more favorable than those in tech roles.
The take away? Think about how the technology choices you make today, will impact your business’s ability to scale up with future growth.
Click here to explore more of BDO’s 2019 Middle Market Digital Transformation Survey.