Corporate investment in digital tools and technologies has been on the rise for years. The COVID-19 pandemic exposed many organizations’ digital failure points and drove increased interest in developing new ways to connect and conduct business online. McKinsey’s Global Survey of executives revealed that the COVID-19 pandemic accelerated organizations’ adoption of digital technologies by about seven years (Laura LaBerge, Clayton O’Toole, Jeremy Schneider, and Kate Smaje, “How COVID-19 Has Pushed Companies over the Technology Tipping Point—and Transformed Business Forever,” McKinsey & Company, published October 2020.)
A strong digital transformation strategy requires significant time and financial investments in IT and upgrades to existing systems. It’s also essential to have buy-in from all teams as business priorities and processes shift. The depth and breadth of digital transformation can make it challenging to execute, but there’s a solution that can help organizations tackle multiple challenges at once: a low-code development platform.
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