{"id":50616,"date":"2023-03-20T14:16:08","date_gmt":"2023-03-20T18:16:08","guid":{"rendered":"https:\/\/sdtimes.com\/?p=50616"},"modified":"2023-03-20T14:16:08","modified_gmt":"2023-03-20T18:16:08","slug":"report-92-of-organizations-are-not-prepared-for-digital-transformation","status":"publish","type":"post","link":"https:\/\/sdtimes.com\/value-stream\/report-92-of-organizations-are-not-prepared-for-digital-transformation\/","title":{"rendered":"Report: 92% of organizations are not prepared for digital transformation"},"content":{"rendered":"

The majority of organizations seeking to make a digital transformation are not equipped to do it successfully, according to the results of the recently released “2023 Project to Product: State of the Industry” report by portfolio management company Planview.<\/span><\/p>\n

Only 8% of respondents stated that they have operationalized the shift from project to product, meaning that 92% have yet to realize or capture the full value of a product operating model at scale. However, 63% reported that they are in the exploratory phase and 29% said they are expanding on earlier experiments.<\/span><\/p>\n

It was also found that, until a mature product model is in place, enterprises spend 70% of their delivery capacity on defect remediation and waste 40% of their efforts due to overload and bottlenecks.<\/span><\/p>\n

Read the full article here<\/a> on VSM Times.<\/p>\n","protected":false},"excerpt":{"rendered":"

The majority of organizations seeking to make a digital transformation are not equipped to do it successfully, according to the results of the recently released “2023 Project to Product: State of the Industry” report by portfolio management company Planview. Only 8% of respondents stated that they have operationalized the shift from project to product, meaning … continue reading<\/a><\/p>\n","protected":false},"author":1022,"featured_media":50617,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"cybocfi_hide_featured_image":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[15620,15398,16538,12793],"coauthors":[15769],"acf":[],"yoast_head":"\nReport: 92% of organizations are not prepared for digital transformation - SD Times<\/title>\n<meta name=\"description\" content=\"8% of respondents stated that they have operationalized the shift from project to product, meaning that 92% haven't realized the full value.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sdtimes.com\/value-stream\/report-92-of-organizations-are-not-prepared-for-digital-transformation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Report: 92% of organizations are not prepared for digital transformation - 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